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RETAIL NEWS See all Retail News
Walmart getting pressure from every direction: Former WMT CEO

Bill Simon, former Walmart CEO, discusses the company's mixed earnings and lower-than-expected profit. ...

Read on MSN Money>
Is Walmart Backing Off Amazon?

Walmart Stores Inc. (WMT - Get Report) is jetting out, so to speak. The world's largest retailer will be reducing marketing investments in Jet.com, the e-commerce platform that it acquired for $3 billion in 2016, as it courts more customers for Walmart.c...

Read on The Street>
Grocery chain Albertsons to acquire Rite Aid

Grocery chain Albertsons announced plans Tuesday to acquire Rite Aid, as the traditional grocery industry continues to look for growth by broadening offerings, not just store base. A combined Albertsons and Rite Aid would have a value of roughly $24 bill...

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Walmart Tumbles After Flagging Online Growth Jolts Investors

Walmart Inc. fell after delivering a disappointing annual profit forecast as its once-torrid e-commerce unit begins to decelerate and the U.S. tax overhaul provides less of a windfall than expected. The world’s largest retailer expects earn...

Read on Bloomberg>
Winn-Dixie and Tops Owners Are Said to Prepare for Bankruptcy

Two U.S. supermarket chains are readying bankruptcy filings, according to people with knowledge of the matter, a sign of the mounting pressures in the grocery industry. Bi-Lo LLC, the company behind the Winn-Dixie chain, is preparing for a filing as soon...

Read on Bloomberg>
Target Markdown Schedule

Target marks down the clearance items in each department on a specific day. Please keep in mind this schedule may vary a bit from store to store, but for the most part these are the days that each departments get marked down:...

Read on All Things Target>
Amazon owns my Echo, I’m just feeding it

It’s no secret that voice assistants are a Trojan Horse. You “buy” a voice assistant like an Echo Dot or a Google Home, and you plug it in and give it your Wi-Fi password. But you don’t “own” it like you own a computer. The software is controlled entirely...

Read on The Verge>
Amazon is quietly coming after dollar stores — and it's a brilliant move

Amazon is famous for its low prices, but not even it could compete with dollar and discount stores. A new section on the website attempts to change that by curating and displaying items that cost $10 or less, all offered with free shipping. The merchandi...

Read on Business Insider>
Walmart in talks to buy more than 40 percent of India's Flipkart - sources

Walmart Inc (WMT.N) is in talks to buy a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc (AMZN.O) in Asia’s third-largest economy, two sources familiar with the matter said on Friday. ...

Read on Reuters>
Walmart rolls out new apparel brands for women, kids and plus sizes

Walmart is rolling out a handful of new apparel brands at low prices and will phase out some of its older brands as a result, a source familiar with those plans confirmed to CNBC. The revamped clothing lines will include Time and Tru for women, Terra & S...

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Sam's Club Offering Free Shipping In Challenge to Costco and Amazon

Hoping to better compete with arch-rival Costco Wholesale (cost, -0.49%) and Amazon.com, Sam’s Club said on Wednesday that it’s now offering free shipping for many items to its premium members as part of a restructuring to its membership programs. The bu...

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Walmart goes to the cloud to close gap with Amazon

One of Walmart's best chances at taking on Amazon.com in e-commerce lies with six giant server farms, each larger than ten football fields. These facilities, which cost Walmart millions of dollars and took nearly five years to build, are starting to pay ...

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Walmart lays off store managers to cut costs

Walmart this week is eliminating two types of store management positions — mobile departments and online pickup areas — as part of a cost-cutting effort, the Wall Street Journal reports. Walmart didn't immediately return Retail Dive's request for comment....

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Hospital supplier shares dive as Amazon reportedly ramps up medical supply business

Amazon is gearing up to launch a larger offering in the medical supplies business, The Wall Street Journal reported on Tuesday. The revamped service will serve hospitals and clinics. The e-commerce giant is looking to expand its Amazon Business marketpla...

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Amazon laying off corporate employees in rare cutback

Amazon is laying off hundreds of corporate employees, a rare cutback for a company that has spent most of the last few years in a frantic growth spurt. The layoffs, underway now, will fall on several hundred employees at the online retailer’s Seattle hea...

Read on Seattle Times>
I tried Prime Now, Amazon's 2-hour delivery service — and I discovered a glaring flaw

Amazon Prime Now is getting all the attention these days. The service, which promises two-hour delivery for a wide variety of items from grocery to electronics, has been expanding rapidly across the country. Most recently, Amazon added Whole Foods to it...

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The Real Reason Walmart And CVS Are Rushing To Raise Minimum Wage - OPINION

Walmart and CVS have been generous to their employees lately, raising the minimum wage they pay them ahead of government mandates -- and adding cash bonuses, and parental leave. And they aren’t alone. Target and other major retailers have been generous t...

Read on Forbes>
Here's Why Amazon Wants to Start Its Own Delivery Service

Amazon looks to be gearing up for another fight. The Wall Street Journal reports the company is preparing a delivery service for businesses, which would compete directly with UPS, FedEx and (less directly) with the U.S. Postal Service. “Shipping with Ama...

Read on Fortune>
Amazon is offering tours of its fulfillment centers in 7 U.S. cities

If you’ve ever used Amazon Prime’s free two-day shipping and wondered to yourself just how the gargantuan online retailer is able to ship an item to you so quickly, now you can find out firsthand. Amazon is offering behind-the-scenes tours of its fulfillm...

Read on Digital Trends>
Amazon reportedly launching a delivery service for businesses; FedEx, UPS shares slide

Amazon is gearing up to launch a delivery service for businesses, the Wall Street Journal reported on Friday. This would pit the e-commerce giant against the likes of FedEx and UPS. The service is called "Shipping with Amazon" and will see the tech gian...

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