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Walmart Is #1 on the 2018 Fortune 500 List

That makes six years in a row....

Read on Fortune>

Amazon is making it harder and harder to quit Prime

The membership is one of the most important parts of the company's offerings, and Amazon takes great care to keep it competitive. Prime customers are Amazon's most frequent and valuable customers. CEO Jeff Bezos recently revealed that there were now more...

Read on SFGate>

The New Arms Race In Retail: Convenience - OPINION

The new point of sale is wherever you are or wherever you want it to be, and it’s driven by a demand for convenience. Want us to deliver to you? No problems. Want to click and collect? You got it. Rather hit the store but not go near the checkout? Whateve...

Read on Forbes>

Walmart beats on earnings and revenues as US e-commerce push pays off

Walmart on Thursday reported fiscal first-quarter earnings that beat expectations on the top and bottom lines, as its e-commerce business rebounded. After a disappointing e-commerce performance last quarter, Walmart said U.S. online sales grew 33 percent...

Read on CNBC>

Kroger teams with British online grocer to take on Amazon and Walmart

Kroger Co. is showing some fight. The largest U.S. grocery chain, battered by doubts that it can thrive as Amazon and Walmart siphon off food customers, took a big step on Thursday by teaming up with Ocado, a British online grocer known for automated w...

Read on LA Times>

Amazon's US sales to match Walmart's within three years, JP Morgan predicts

Amazon's e-commerce empire is on track to match Walmart sales domestically within the next two to three years, according to J.P. Morgan. According to the bank's analysis, Amazon's U.S. gross merchandise volume (GMV) — a key industry metric measuring tota...

Read on CNBC>

Walmart’s website is adding a Lord & Taylor section for premium fashion labels

Walmart announced its website was getting an overhaul back in April, and today, it will begin to roll out its new fashion shopping experience, divided into Walmart’s Everyday Brands and Premium Brands from Lord & Taylor for more expensive i...

Read on The Verge>

Walmart Earnings: More Signs It’s Fighting Hard on Pricing

There’s more evidence that Walmart continues to fight hard on the pricing front. The retailer was recently cheaper, on average, than fellow Barron’s Next 50 stock (AMZN) in 8 of 10 categories studied by Guggenheim...

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‘Leery’ Customers Prompt Walmart to Shelve Self-Scanning Service

Walmart Inc. has ended a service where customers could ring up their own purchases, showing that old habits die hard even in the digital age. The retailer had offered its so-called “Mobile Scan & Go” technology in about 150 Walmart stores, after a succes...

Read on Bloomberg>

Earnings Preview: What To Expect From Walmart On Thursday

Walmart Inc. is scheduled to release earnings before Thursday's open. Walmart hit a record high of $109.98/share in Q1 2018 and is currently trading near $84/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numb...

Read on Forbes>

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