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...
by Chandler Harvey | Aug 24, 2023 | Featured News, Retail Articles
Walmart corporate leadership recently appeared at a pair of annual analyst meetings and provided a fresh perspective on recent activity and the direction of the Walmart and Sam’s Club businesses. The executives outlined a plan to boost general merchandise, including...
by Mike Duff | May 31, 2023 | Retail Articles
At Home has appointed former Walmart executive Jeff Evans president and chief merchandising officer effective June 19, the company announced. Evans has 32 years of experience in managing businesses across different retail formats including department stores, warehouse...