by Mike Duff | Mar 31, 2022 | Featured News, Home + Housewares, Retail Articles
As part of its ongoing struggle with an activist investor, Kohl’s Corp. has sent a letter to shareholders asking for their votes to return its current board of directors and reject that proposed by Macellum Advisors. The letter detailed steps taken by the board of...
by Mike Duff | Mar 31, 2022 | Retail Articles
The head of Walmart Connect outlined how the company is expanding and refining its advertising platform. In a blog post on its corporate website, Rich Lehrfeld, senior vice president and general manager, Walmart Connect, declared that now is a transformative time in...
by Mike Duff | Mar 25, 2022 | Retail Articles
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...
by Mike Duff | Mar 16, 2022 | Home + Housewares, Retail Articles
To help fulfill its expensive ambitions, Walmart will make Atlanta and Toronto two new Walmart Global Tech hubs. The expansion is part of Walmart Global Tech’s plan to hire more than 5,000 associates worldwide this fiscal year. Initial hiring plans in Atlanta...
by Peter Giannetti | Mar 9, 2022 | Featured News, Retail Articles
“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...