Walmart tops Amazon as the leading retailer on the National Retail Federation annual ranking of the Top 50 Global Retailers conducted with market researcher Kantar. Walmart remains the world’s largest retailer, having made significant investments in omnichannel...
As the war in the Ukraine continues, Amazon has launched the Welcome Door program, an initiative to provide refugee and humanitarian-based immigrant employees with additional resources and support, including reimbursement for Employment Authorization Document fees....
Amazon has officially opened its first same-day fulfillment center in Massachusetts, it announced, a 155,000 square foot facility located in the town of Bridgewater. Such sub same-day facilities operate as Amazon mini-fulfillment centers optimized for delivering...
As it works to set a growth path while dealing with activist investors, Kohl’s Corp. plans to open 100 new stores, many in smaller markets and using a smaller footprint operation. Jill Timm, the company’s CFO, speaking at the Kohl’s Investor’s Day conference, said it...
“The business model is changing: I think that’s the headline,” Doug McMillion, Walmart CEO, said during the company’s fourth-quarter conference call. Walmart is shifting its resources to create and expand new revenue streams while making itself more competitive in a...
