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Walmart

  • Walmart makes another big move in China

    Walmart has made another big e-commerce investment in China.   On the heels of launching three major e-commerce initiatives in China, Walmart will invest $50 million in New Dada — China’s largest local on-demand logistics and grocery online-to-offline (O2O) e-commerce platform.  

  • Walmart amps up online strategy in China with three new initiatives

    Walmart is ready to sink its teeth into the world’s largest e-commerce market.   Three months after entering into a strategic alliance with JD.com, China’s second-largest e-commerce website, Walmart is introducing Chinese shoppers to a new digitally-driven shopping experience. For example, Chinese shoppers got their first taste of Sam’s Club when Walmart opened the doors of its first flagship store in China today.  

  • Cashless society not happening anytime soon

    The use of cash remains strong among in-store shoppers.   That’s according to a new survey by Cardtronics, in which 89% of consumers report using cash in the past six months to pay for merchandise in a physical store.    Cash was followed by debit cards, used by 74% of consumers in the last six months, and credit cards, used by 66% of consumers. Eighteen percent of consumers reported using store mobile apps to pay for something in the last six months, and 17% used a mobile wallet. 

  • Former Walmart and Sam's Club exec Ron Loveless dies

    Ron Loveless, the first CEO of Sam's Club who grew the retailer for several years before retiring in 1986, has died.   According to the Northwest Arkansas Democrat Gazette, Loveless died Monday at the age of 73 after "a long battle with cancer," according to a memo from Walmart CEO Doug McMillon and Sam's Club CEO Rosalind Brewer sent to Sam's Club employees.  

  • Target outranks all other U.S. retailers in solar capacity

    Target Corp. has knocked Walmart off its perennial top spot in an annual ranking of the U.S. companies with the most solar energy capacity.      Target now has 147.5 megawatts (MW) of installed solar capacity, according to the Solar Energy Industries Association’s 2016 Solar Means Business report, which ranks companies based on capacity current through the third quarter of this year.     

  • Retailers Navigate Shifting Environmental Regulatory Landscape

    The past decade has witnessed a monumental shift in regulatory oversight of retailers’ environmental compliance programs. As a result, retailers have faced a crash course in the myriad hazardous waste control laws, once widely believed to not be relevant in the retail context.   Historically, most enforcement has been at the state and local level. But in just the past month, we’ve seen a flurry of retail-related activity from the U.S. Environmental Protection Agency, including the following:  

  • Walmart jumps into free movie streaming

    Walmart is making a bold move in the competitive on-demand digital content marketplace.   Leveraging its free, premium video streaming service called Vudu, the retail behemoth now features “Vudu Movies on Us,” a program that offers customers the ability to watch “thousands of movie and TV titles for free, and on-demand, with limited commercials,” according to a company statement.  

  • New retail powerhouse in the making?

    Lidl, the German no-frills grocery chain, is shaping up as a potential retail powerhouse even before it opens its first U.S. store.   The company will generate $8.8 billion in sales by 2023, larger than Wegman’s 2016 value of $8.1 billion, according to a just-released forecast by Kantar Retail.  
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