BENTONVILLE, Ark. — Walmart posted strong sales gains across its businesses in the first quarter, with demand driven by the COVID-19 outbreak. Unprecedented demand for products across multiple categories led to strong top-line results. But certain incremental costs negatively affected operating income, including costs associated with enhanced wages and benefits as well as safety and
BENTONVILLE, Ark. — Walmart has launched a new service, called Express Delivery, that promises to let consumers order from a wide range of products and have them delivered to their doors in less than two hours.Walmart said last week that it had accelerated the development of the service in the wake of the Coronavirus pandemic.
BENTONVILLE, Ark. — Walmart has named William White, who has been serving as senior vice president of marketing at Target Corp., to be its new chief marketing officer. The CMO position at Walmart has been vacant since Barbara Messing left the company last August. White’s appointment was announced in an email to employees from Walmart
NEW YORK — As the COVID-19 pandemic continues to spread and with more grim numbers for both the health of individual Americans and the health of the economy capturing the headlines, retailers have taken unprecedented steps to remain a viable source for essential goods and services while keeping their associates and customers safe. Fresh research
BENTONVILLE, Ark.— Jody Pinson, one of the most respected faces in mass market beauty retailing, retired last Friday (April 3) after 30 years at Walmart. Pinson says she plans to travel with her husband Greg. Despite the challenges of making more than 4,700 stores visited by 150 million shoppers per week run like clockwork, Pinson
BENTONVILLE, Ark. — Walmart has unveiled its own fiscal stimulus package, in the form of cash bonuses for all of its U.S. hourly associates. Walmart said Wednesday that the bonus of $300 for full-time hourly associates and $150 for part-time hourly associates will be paid to hourly associates in stores, clubs, supply chain and offices.
BENTONVILLE, Ark. — To help meet the critical needs resulting from the global COVID-19 pandemic, Walmart and the Walmart Foundation have committed $25 million to support organizations on the front lines responding to the outbreak. “In times of need, we see communities come together to do extraordinary things. This pandemic is no different,” said Kathleen McLaughlin,
NEW YORK — National and regional pharmacy chains were doing what they could to ease the coronavirus fears of shoppers and employees as the contagion spread. Seattle-based Bartell Drugs shipped more over-the-counter products to stores early this month after experiencing high demand due to concerns related to COVID-19. Bartell’s has two stores in the suburb
BENTONVILLE, Ark. — Walmart has been testing its own membership program to compete with Amazon Prime, according to published reports. Called Walmart+, the program could launch as soon as next month. The move is seen as a recognition of how effective the Amazon Prime membership program, which debuted in 2005, has been in fueling customer
BENTONVILLE, Ark. — Walmart reported sales of $141.7 billion for the fourth quarter of fiscal 2020, an increase of $12.9 billion, or about 2.1%, over the prior year period. Earnings and sales fell short of analysts expectations, however, and Walmart said that holiday sales were softer than expected. Walmart president and CEO Doug McMillon said
BENTONVILLE, Ark. — David Glass, who served as Walmart president and CEO from 1988 to 2000 and owned the Kansas City Royals before selling the franchise last fall, has passed away at age 84. David Glass Glass died January 9 from complications associated with pneumonia, according to the Glass family, which is organizing a public
CINCINNATI — This January, Procter & Gamble Co.’s Always brand is teaming with James Van Der Beek (actor, writer, husband and devoted father of five) to continue their mission to #EndPeriodPoverty – so no girl misses out on the confidence-building activities she loves because of lack of access to period products. Last year, Always donated
NASHVILLE, Tenn. – SmileDirectClub announced on Monday the roll out of an end-to-end solution to keep teeth fresh, clean, bright, and healthy: a suite of affordable yet premium oral care products available exclusively at Walmart U.S. stores and Walmart.com. SmileDirectClub is the first provider of clear aligner therapy to offer oral care products in mass retail. SmileDirectClub’s inaugural
Has anyone in the chain drug retailing community visited the new Wegmans in Brooklyn? Has anyone been to Dallas, Ga., to experience the bold and exciting new Walmart experiment in affordable and accessible health care? Has chain drug retailing become so complacent and sure of itself that the newest and most stunning mass retailing innovations