by Mike Duff | Aug 15, 2024 | Retail Articles
Walmart posted second-quarter comparable sales gains highlighting marketplace and advertising growth, beating Wall Street revenue and earnings estimates in the process. Company net income was $4.5 billion, or 56 cents per diluted share, versus $7.89 billion, or 97...
by Mike Duff | Jul 8, 2024 | Retail Articles
A survey of consumers in 12 countries conducted by Software Advice suggested online shopping is becoming increasingly challenging because of what the software purchasing guide identified as decision fatigue. The survey, which included consumers in the United States an...
by Mike Duff | Apr 30, 2024 | Retail Articles
To expand and freshen the range of products available to its customers, Nordstrom is launching its own marketplace online as it upgrades its digital operation. Nordstrom stated that the marketplace would allow it to add more products, as well as brands and sizes that...
by Mike Duff | Apr 2, 2024 | Retail Articles
Retail media is becoming a bigger factor in today’s market, and Rich Lehrfeld, senior vice president and general manager, Walmart Connect, detailed where the retailer is going with its entertainment and advertising venture. Walmart is currently pursuing an acquisition...
by Mike Duff | Feb 20, 2024 | Retail Articles
Walmart beat Wall Street estimates for its fourth quarter as it pushed forward on physical store operations, e-commerce, membership and services. In announcing its Q4 financials, the company revealed it agreed to acquire smart TV and streaming content provider Vizio...
