Walmart reported sales of general merchandise, including home products, propelled a strong third quarter and market share gains for the company, which topped Wall Street sales and earnings estimates for the quarter. Walmart net earnings were $4.58 billion, or 57 cents...
Walgreens shoppers surveyed by market researcher Numerator said they are prepared to switch to other drug chains and mass merchants if impacted by the planned closure of some 1,200 Walgreens stores. Walgreens recently reported it would close 1,200 underperforming...
Lasko has launch two new ceramic space heaters — a tower model and an oscillating tabletop model — at Sam’s Club. Lasko 32-Inch Digital Ceramic Tower Heater ($64.97 retail price) Designed for medium- to large-sized rooms, the heater delivers 1500 watts of power....
Walmart has developed a system of platforms as the basis of a combined proprietary artificial intelligence, GenAI, augmented reality and immersive commerce function that the company maintains will allow it to accelerate its entry into a new retail era. The company...
Sam’s Club is establishing new workforce compensation and career mapping programs designed to strengthen staffing at a time when getting and keeping employees has been a challenge for retailers. Sam’s Club stated that, in an increasingly competitive retail landscape,...
