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Walmart

  • Amazon dominates online retail traffic in March

    Amazon.com has found another way to demonstrate its commanding lead in e-commerce – monthly unique visitors.

    According to the comScore March 2016 rankings of the top 50 multi-platform (desktop and mobile) properties by unique U.S. work and home visits, Amazon sites received 180.97 million unique visitors. This ranked first among all predominantly retail web properties and fifth overall.

  • Wal-Mart shaking up, shrinking its board

    Wal-Mart Stores on Thursday announced changes to its board of director of directors that it said were designed to make to make it more nimble and able to respond quicker to today’s fast-changing market.

    As part of the changes, four current board members — Aida Alvarez, Roger Corbett, Mike Duke and Jim Walton — will retire and not stand for re-election. In addition, the retailer is shrinking its board by three members to 12, a move that brings it more in line with the size of most U.S. corporation boards.

  • Study – Don’t take mobile shoppers for granted

    Consumers are willing to use their mobile devices for shopping, but retailers still need to carefully design their mobile apps and experiences.

  • Visa, Walmart chip away at EMV transaction times for faster checkout

    A leading payment card issuer and the world’s largest discount retailer are both launching efforts to reduce how long customers have to wait to check out with EMV-compliant payment cards.

    Visa Inc. is rolling out a technology enhancement designed to optimize EMV chip card processing and speed up checkout times. The new solution, called Quick Chip for EMV, streamlines the processing of chip card transactions to enable customers to dip and remove their EMV chip card from the terminal, typically in two seconds or less, without waiting for the transaction to be finalized.

  • Nordstrom to eliminate 300 to 400 jobs

    Nordstrom announced it will phase out 350 to 400 jobs, primarily in its corporate center and regional support teams, through the end of the second quarter.

    The retailer described the reductions as changes in its operating model in order to “continually evolve with the expectations of its customers, ensure it is best positioned to respond to the current business environment, and meet long-term growth plans.”

    The changes are estimated to generate savings of approximately $60 million in fiscal 2016.

  • Report: Walmart expands curbside grocery pickup

    Customers in more cities will have an easier time shopping for the groceries at Walmart.  
  • Walmart expands curbside grocery pickup

    Customers in more cities will have an easier time shopping for the groceries at Walmart. According to Reuters, Walmart is rolling out free curbside pickup of online grocery orders to eight new cities, which will make the service available in about 200 stores in 30 metropolitan areas across the U.S. Additional cities offering grocery pickup will include Kansas City and Austin, Texas. Walmart COO Michael Bender said the retailer so far is gaining new customers and increased wallet share at stores where the service is offered and may roll it out further.

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