Walmart has opened a new, next-generation 1.5 million-square-foot fulfillment center in Greencastle, PA, as it continues applying technology to logistics. The new facility is Walmart’s fourth next-generation fulfillment center. Walmart describes the next-generation...
The first quarter exceeded Wall Street and company expectations as Walmart pressed lower-pricing initiatives across various categories, including Home. Net income was $5.1 billion, or 63 cents per diluted share, versus $1.67 billion, or 21 cents per diluted share, in...
Amazon is making major gains in advertising, but it is part of a changing e-commerce landscape where conditions are evolving, according to a study by Jungle Scout. The company’s advertising revenue has grown from $12.6 billion to $46.9 billion in 2023. Amazon’s...
A range of retailers are preparing to release financial numbers during the next couple of weeks, and Placer.ai has compiled a list of their recent shopper traffic metrics that could provide a glimpse into the forthcoming results. The Placer.ai traffic tracker has...
Although the course of its omnichannel development wasn’t always smooth, Walmart stands on the brink of a significant revolution. The retailing giant is poised to bring together a range of dynamics and functions into a greater harmony internally as the company...
