NEW YORK —Black Friday lived up to its reputation as the busiest shopping day of the year, according to the International Council of Shopping Centers, which estimates that about 151 million people visited a mall or shopping center over the weekend. “Black Friday kicked the holiday shopping season into high gear, driven by positive consumer
BENTONVILLE, Ark. — Walmart announced on Thursday that the company had a net income of $1.71 billion, or 58 cents a share, in its third quarter on revenue of $124.89 billion. Earnings were fueled by brisk e-commerce sales, as the company continues to acquire online brands in categories such as apparel and home goods while
Despite all the attention that Amazon justifiably receives for the transformational effect it is exerting on mass market retailing, a case can be made that the company that is in the best position to meet the omnichannel needs of consumers over the long term is Walmart. Listening to president and chief executive officer Doug McMillon
BENTONVILLE, Ark. — Walmart will be expanding its free two-day shipping program to include millions of products sold by third-party sellers in the Walmart Marketplace section of its e-commerce web site. The retailer is also simplifying the returns process for items purchased from many of those third-party sellers, including launching the ability to facilitate returns
ARLINGTON, Va.— Hurricane Michael made landfall in the Florida Panhandle on October 10 as a powerful and unprecedented Category 4 hurricane, the strongest hurricane on record to strike the region, according to the National Weather Service, which also called it “potentially catastrophic.” National Association of Chain Drug Stores (NACDS) member companies have been affected by
ROCKVILLE, Md. — Among many of today’s consumers, retailer loyalty extends only as far as conveniently and cost-effectively getting the best price on the product they want. The retailer that meets that need wins the sale. Based on this logic, it’s no wonder Walmart continues to essentially go toe-to-toe with retail juggernaut Amazon. Analysis featured in
ATLANTA — Sharecare, the digital health company helping people manage all their health in one place, today announced it will be participating in Walmart Wellness events on Saturday, September 22 at more than 4,600 locations across the country. Sharecare’s participation in the largest health fair in the country is the latest expansion of its strategic partnership with
BENTONVILLE, Ark. — With a catastrophic storm, flooding and power outages hitting the Eastern Seaboard, Walmart and Sam’s Club are launching a customer campaign to assist impacted communities with hurricane relief. As part of the Walmart 2018 Relief Fund at Foundation, Walmart will match customer donations two-to-one with cash donations up to $5 million for disaster
ROCKVILLE, Md. — Among major retailers, Walmart is far and away the retail leader by number of shoppers. In 2018, 64% of U.S. adults (about 162 million) have shopped at Walmart in the past three months, according to market research firm Packaged Facts in the new report Walmart as Omnichannel Competitor, which focuses on omnichannel (online,
INDIANAPOLIS, Ind. – Anthem, Inc. announced an arrangement with Walmart to advance the companies’ mutual goals of reducing healthcare costs and providing consumers with increased access to over-the counter (O-T-C) medicines and services that can improve their health. The Anthem-Walmart program, launching in January 2019, will enable consumers who are enrolled in Anthem’s affiliated Medicare Advantage
BENTONVILLE, Ark. — Marybeth Hays, one of Walmart’s highest-ranking female executives, will be leaving the company in January 2019. Hays, who had served as executive vice president of consumables and health and wellness for just over a year, will leave the company early next year, according to an internal memo sent Friday from U.S. chief
BENTONVILLE, Ark. — Walmart on Thursday reported fiscal second quarter earnings and sales that topped analysts’ forecasts, as digital sales ticked higher and more shoppers visited its stores and spent more per visit. Same-store sales in the United States increased 4.5%, the retailer’s strongest comp growth in more than a decade. Sales were particularly vigorous
BENTONVILLE, Ark. — Walmart has hired health care industry veteran Sean Slovenski to serve as senior vice president of health and wellness at Walmart U.S. He will report directly to Walmart U.S. president and chief executive officer Greg Foran. “Sean is a proven leader and entrepreneur with an established track record in defining and building
ROCKVILLE, Md. — Of 67 million pet-owning households in the U.S., two-thirds do any type of shopping at Walmart or Sam’s Club, with Walmart alone claiming 43 million pet-owning households in its customer base, according to data published in U.S. Pet Market Focus: Walmart as Competitor, the third report in a four-part series on Walmart Inc.
