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Wal-Mart near deal to give Lord & Taylor website space: WSJ

Wal-Mart Stores Inc (WMT.N) is near a deal to give department store chain Lord & Taylor dedicated space on its walmart.com website, the Wall Street Journal reported on Thursday....

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What Consumer Packaged Goods Companies Can Learn From Amazon

When we think of consumer packaged goods, we generally think of a commodity marketplace with brands competing for shelf space in grocery stores and supermarkets. Thankfully, there will always be innovative brands that capture our attention and stand out f...

Read on Forbes>
eBay is having a pretty bad day

eBay is not having a great afternoon after posting a pretty ho-hum third quarter that fit roughly in line with analyst estimates, but perhaps not seeing the kinds of leaps that Wall Street is looking for heading into the fourth quarter. The company said ...

Read on Tech Crunch>
Supervalu beats analyst estimates, buys Florida grocery co-op for $180M

Supervalu Inc. is making another move to strengthen its wholesale business, buying a Florida grocery cooperative in a $180 million deal. MarketWatch has an early report on the move by Eden Prairie-based Supervalu (NYSE: SVU), which also reported a quarte...

Read on Minn / St Paul Business Journal>
These U.S. Cities and States Are Trying to Win Amazon HQ2 With Billions in Tax Breaks

U.S. cities are offering Amazon.com at least as much as $7 billion in tax breaks ahead of a Thursday deadline as they compete to house its second headquarters. The world’s largest online retailer has won promises from elected officials who are eager for ...

Read on Fortune>
Behind the scenes of Walmart's new on-time, in-full policy

No matter what the balance sheet says — or perhaps because of it — the spirit of innovation is very much alive within the retail industry. Blame the consumer. Shoppers are demanding retailers make more products available, more quickly, and through variou...

Read on Supply Chain Dive>
The Walton's Are Cashing Out Of Walmart - And You Should Too

Last week there was a lot of stock market excitement regarding WalMart. After a "favorable" earnings report analysts turned bullish and the stock jumped ~4% in one day, WMT's biggest rally in over a year, making it a big short-term winner. But the leader...

Read on Forbes>
Who can challenge Walmart and Amazon?

Most analysts currently recognize the retail space as a two-horse race. Walmart has held the top spot on the Fortune 500 list for five straight years. Amazon is striving to become the first trillion-dollar company and has investors swooning over its bold ...

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Walmart says it will acquire more startups

Walmart has bought a handful of startups lately, and the company says this acquisition spree will continue. It’s looking to buy businesses in the technology, retail and digital native brands categories, said Marc Lore, CEO of Walmart eCommerce U.S., onst...

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Amazon is now literally building its way into people’s lives

Online retailer Amazon wormed its way into the lives of Americans with books, then with e-books, then with Kindle, then with loads of stuff besides books, then with “free” shipping at Prime, then with personal assistant Alexa. Now the e-commerce giant is ...

Read on Quartz>
Cities Dream Of Landing Amazon's New HQ And They're Going To Great Lengths To Show It

Officials in Tucson, Ariz., uprooted a 21-foot-tall saguaro cactus and tried to have it delivered to Amazon's Seattle headquarters. Birmingham constructed giant Amazon boxes and placed them around the Alabama city. In Missouri, Kansas City's mayor bought ...

Read on NPR>
What Retailers Can Learn From Walmart's Incredible E-Commerce Growth In 2017

This year, Walmart posted an impressive 60% year-over-year e-commerce growth. Walmart is the third-largest online marketplace in the U.S. and it’s also growing total online sales faster than Amazon and eBay. Let’s take a look at what Walmart has done to ...

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Google Building ‘Anti-Amazon’ Alliance With Target And Wal-Mart

The American mall, too a large degree, is now something of an enigma; a relic of the past. Shopping at physical retail stores has seen dramatic drops in recent years. Even infamous Black Friday sales are now, largely, conducted from the comfort of our cou...

Read on Gears of Biz>
Grocery price check: Costco is 58 percent cheaper than Whole Foods, JPMorgan finds

Though Amazon has promised steep discounts at Whole Foods stores, now that it owns the organic supermarket chain, Costco still reigns supreme in the ongoing grocery price wars, according to JPMorgan. "[Costco] offers an unquestioned value prop with the b...

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Wal-Mart saved millions by changing two things

Wal-Mart saved millions by changing two things...

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Target CFO: We're Not Trying to Compete With Amazon

If Amazon scares Target, executives at the discount retail chain aren’t losing sleep over it. The e-commerce giant hasn’t been kind lately to brick-and-mortar retailers: Target’s stock price is down nearly 22% so far this year, in large part because of...

Read on Fortune>
Wal-Mart Expects Online Sales to Surge 40%

Wal-Mart Stores Inc. expects U.S. e-commerce sales to surge 40 percent in the next fiscal year as its online investments allow the retail giant to play catch-up with Amazon.com Inc. The company also plans to add 1,000 online-grocery locations -- roughly ...

Read on Bloomberg>
Walmart Sees the Future and It Is Digital

Walmart is all about online, anticipating digital sales next year will rise about 40 percent and that it will double the number of U.S. curbside locations for online grocery shoppers at its stores. The retail behemoth is predicting net sales growth at or...

Read on US News>
Amazon's success is unparalleled — and 'Type 2 decisions' are a major reason why

In his 2016 shareholder letter, Amazon CEO Jeff Bezos distinguished between Type 1 and Type 2 decisions. Type 1 decisions are irreversible and should be m...

Read on Business Insider>
Wal-Mart committed to buying US manufactured products

US retail giant Wal-Mart has revealed that it will be more readily pursuing a policy of supporting US manufacturing firms by purchasing US manufactured goods. The firm put forward a further $250bn until 2023 that will be used to support American jobs th...

Read on Global Manufacturing>