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Big Home Product Sales Gain Helps Walmart Exceed Q3 Expectations

Big Home Product Sales Gain Helps Walmart Exceed Q3 Expectations

by Mike Duff | Nov 19, 2024 | Featured News, Retail Articles

Walmart reported sales of general merchandise, including home products, propelled a strong third quarter and market share gains for the company, which topped Wall Street sales and earnings estimates for the quarter. Walmart net earnings were $4.58 billion, or 57 cents...
Where Walgreens Shoppers Plan To Spend After Store Closures

Where Walgreens Shoppers Plan To Spend After Store Closures

by Peter Giannetti | Oct 29, 2024 | Retail Articles

Walgreens shoppers surveyed by market researcher Numerator said they are prepared to switch to other drug chains and mass merchants if impacted by the planned closure of some 1,200 Walgreens stores. Walgreens recently reported it would close 1,200 underperforming...
Lasko Rolls Out New Ceramic Heaters at Sam’s Club

Lasko Rolls Out New Ceramic Heaters at Sam’s Club

by Peter Giannetti | Oct 24, 2024 | Appliances, Home + Housewares, Home Environment

Lasko has launch two new ceramic space heaters — a tower model and an oscillating tabletop model — at Sam’s Club. Lasko 32-Inch Digital Ceramic Tower Heater ($64.97 retail price) Designed for medium- to large-sized rooms, the heater delivers 1500 watts of power....
Tech Initiatives Driving Walmart Into the Adaptive Retail Era

Tech Initiatives Driving Walmart Into the Adaptive Retail Era

by Mike Duff | Oct 14, 2024 | Retail Articles

Walmart has developed a system of platforms as the basis of a combined proprietary artificial intelligence, GenAI, augmented reality and immersive commerce function that the company maintains will allow it to accelerate its entry into a new retail era. The company...
Sam’s Club Reconstitutes Compensation in Effort To Stabilize Workforce

Sam’s Club Reconstitutes Compensation in Effort To Stabilize Workforce

by Mike Duff | Sep 18, 2024 | Retail Articles

Sam’s Club is establishing new workforce compensation and career mapping programs designed to strengthen staffing at a time when getting and keeping employees has been a challenge for retailers. Sam’s Club stated that, in an increasingly competitive retail landscape,...
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