by Mike Duff | Feb 20, 2024 | Retail Articles
Walmart beat Wall Street estimates for its fourth quarter as it pushed forward on physical store operations, e-commerce, membership and services. In announcing its Q4 financials, the company revealed it agreed to acquire smart TV and streaming content provider Vizio...
by Mike Duff | Jan 10, 2024 | Retail Articles
Walmart is providing insights into how it will apply technology to enable the company to pursue a new type of commerce, one that is customer-centric, interconnected, frictionless, and consistently exceeds expectations. In so doing, Walmart outlined a plan for ongoing...
by Mike Duff | Dec 1, 2023 | Retail Articles
Sam’s Club plans to open two new distribution centers in early 2024, one each outside St. Louis and Minneapolis. The Walmart warehouse club division announced that the distribution centers are part of a multi-year growth plan to transform the supply chain at...
by Mike Duff | Nov 16, 2023 | Featured News, Retail Articles
Walmart surpassed third-quarter Wall Street estimates as earnings and revenue gained while some product costs, including in general merchandise, moderated. The company posted net income of $453 million, or 17 cents per diluted share, versus a loss of $1.8 billion, or...
by Mike Duff | Oct 9, 2023 | Retail Articles
Joining in retail’s October holiday promotional festivities, Sam’s Club is offering discounts on memberships at $55 for Plus, normally $110, and $15 for Standard, down from $50. The lowered prices are for new members, and consumers can sign up for the discounted...