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Walmart

  • October sales generally up, but short of estimates

    NEW YORK — With fewer retailers following in Walmart's footsteps in not disclosing monthly sales, it has become harder to gauge the overall health of the industry. Still, enough of them reported this monht to show that consumer spending slowed in October, sending a note of caution as retailers head into the holiday season. Eleven retailers missed expectations for same-store sales, while three chains beat estimates, according to a preliminary tally by Thomson Reuters.

  • Christmas comes early for Walmart shoppers

    BENTONVILLE, Ark. — Walmart is giving customers the chance to preview its Black Friday specials early. The company announced that customers can sign up at Walmart.com or Facebook.com/Walmart to receive an early preview of its specials on the widest assortment of top electronics, toys, apparel and more. 

  • Walmart chief merchandising officer expresses optimism on holiday sales

    Bentonville, Ark. -- Walmart chief merchandising officer Duncan Mac Naughton expressed optimism about the retailer’s prospects for the holiday season and beyond during comments at a Bentonville Bella Vista Chamber of Commerce meeting with attracted more than 500 people. The function was held on Tuesday.

  • Walmart head merchant shares view

    BENTONVILLE, Ark. — Walmart chief merchandising officer Duncan Mac Naughton expressed optimism about the retailer’s prospects for the holiday season and beyond late Tuesday during comments at a Bentonville Bella Vista Chamber of Commerce function, which attracted more than 500 people.

  • Farberware launches kitchen appliance line at Walmart

    MIRAMAR, Fla. — Russell Hobbs, the licensee of the Farberware brand, announced that it has launched an exclusive line of small kitchen appliances at Walmart.

    Farberware's line of products includes a chic, programmable coffee and tea maker, a dual-function food processor and a powerhouse 10-speed blender. All have stainless steel finishes and unparalleled craftsmanship perfect for the home chef that is interested in high-quality, great-looking appliances at an affordable price, according the company. All items are priced at $59.88 each.

  • ‘Tis the Season…already?

    Has anyone else noticed that the Christmas holiday “season” starts earlier and earlier each year? This year, Walmart had their Christmas displays out by mid-September and many retailers were touting holiday sales in October! I still remember when Black Friday was the “official” kick-off to the holiday shopping season and it was surprising to see Christmas decorations up in mid-November. I keep wondering what the real-world implications of this calendar shift might mean – if anything – for retailers’ overall holiday and end-of-year sales?

  • TGT vs WMT, price gap continues to narrow analysts say

    The latest pricing studying from Deutsche Bank analyst Charles Grom shows a basket of 50 items is still cheaper at Walmart than Target, but by a slimmer margin than in the past.

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