With an emphasis on interactivity, Walmart has unveiled a new merchandising format dubbed Time Well Spent meant to keep the company’s customers shopping longer. In a blog post by Alvis Washington, vp, marketing – store design, innovation and experience, Walmart...
A strong comp performance helped Tractor Supply beat Wall Street estimates in the fourth quarter. Company net income was $221.3 million, or $1.93 per diluted share, versus $135.9 million, or $1.15, per diluted share, in the 2020 fourth quarter, the company stated....
According to the Deloitte 2022 Retail Industry Outlook, the pandemic has created the chance for a long-overdue retail reset that may help move many companies into a more stable, and profitable position. To achieve that, retailers will have to balance near-term...
In a move to support its expanding supply chain network and e-commerce business, Walmart announced plans to build a million square foot plus fulfillment center in Olive Branch, MS, to open this spring. The e-commerce-focused facility is part of a broader Walmart...
In a presentation at NRF 2022: Retail’s Big Show, Best Buy CEO Corie Barry revealed the five retail trends she believes are critical to Best Buy and the market in which it competes. The National Retail Federation reported in a blog post that, as part of a session...
