Organizations

Walmart

Masked customers browsed Bronner's Christmas Wonderland store in Frankenmuth, Mich., in early December.

Holiday Shoppers Steered Clear of Stores, Favoring Online Buying

By: Sarah Nassauer
Source: Wall Street Journal
Date of Publication: December 26th, 2020
During a remade shopping season, many Americans ditched stores for digital outlets. And pandemic buying trends that favored household goods and food over apparel continued, according to early sales data from firms that track shopper spending.
5 ways the coronavirus pandemic is reshaping the future of retail stores

5 ways the coronavirus pandemic is reshaping the future of retail stores

By: Lauren Thomas
Source: CNBC
Date of Publication: December 17th, 2020
The coronavirus pandemic is forcing retailers to rethink the role of the brick-and-mortar store.
Walmart forecasts promising holiday season as online sales soar

Walmart forecasts promising holiday season as online sales soar

By: Melissa Fares, Aishwarya Venugopal
Source: Reuters
Date of Publication: November 17th, 2020
Walmart Inc WMT.N said on Tuesday it was optimistic about its holiday sales prospects in a pandemic-ridden year after the big-box retailer beat Wall Street expectations for quarterly results as Americans increasingly shift their spending online.
Walmart to sell operations in recession-hit Argentina, taking $1 billion hit

Walmart to sell operations in recession-hit Argentina, taking $1 billion hit

By: Adam Jourdan, Eliana Raszewski
Source: Reuters
Date of Publication: November 6th, 2020
Walmart Inc, the world’s largest retailer, said on Friday it was selling its retail operations in Argentina to South American supermarket chain owner Grupo de Narváez, pulling back as the country grapples with an economic crisis.
Here's how stores are changing Black Friday for the pandemic

Here's how stores are changing Black Friday for the pandemic

By: Jordan Valinsky
Source: CNN Business
Date of Publication: October 31st, 2020
Black Friday is officially Black November. Also parts of October. And December, too.
Sam's Club is putting robot janitors in all of its stores during the pandemic

Sam's Club is putting robot janitors in all of its stores during the pandemic

By: Alexis Benveniste
Source: CNN Business
Date of Publication: October 21st, 2020
Soon every Sam's Club will have a robot to scrub the store floors.
In partnership with Brain Corp, an artificial intelligence company, the membership-only warehouse chain will distribute 372 new autonomous floor scrubbers to its stores this fall.
Walmart to spread out deals to avoid Black Friday crowds

Walmart to spread out deals to avoid Black Friday crowds

By: ANNE D'INNOCENZIO
Source: The Associated Press
Date of Publication: October 14th, 2020
Walmart says it will spread out its traditional one-day Black Friday deals over three weekends in November in an effort to reduce crowds in its stores during a pandemic.
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Walmart Is Offering Home Covid-19 Testing Kits by Drone

By: Lisa Lacy
Source: Adweek
Date of Publication: September 22nd, 2020
Trials are beginning in Nevada and New York.
Walmart expands fashion focus with new private clothing label for men and women

Walmart expands fashion focus with new private clothing label for men and women

By: Melissa Repko
Source: CNBC
Date of Publication: September 21st, 2020
Walmart is launching Free Assembly, a private label of men’s and women’s clothing, which will sell online and in stores. The big-box retailer’s leaders have looked beyond the grocery aisles and sought to sell more general merchandise to turn e-commerce into a profitable business. With the coronavirus pandemic, Walmart has a new opportunity to grab market share from apparel retailers like J.C. Penney that have filed for bankruptcy protection and others, such as Kohl’s and Macy’s, that have seen sales drop. Yet Walmart still has to prove it can keep up with consumer tastes and provide good value in the fickle fashion world.
Coronavirus and luxury retail: Shopping for used Hermes, Cartier in Covid era

Coronavirus and luxury retail: Shopping for used Hermes, Cartier in Covid era

By: Eric Rosenbaum, Susan Caminiti
Source: CNBC
Date of Publication: September 19th, 2020
The luxury market has taken a big hit during the pandemic, and the mega-deal between Tiffany’s and LVMH is on the verge of falling apart. Used apparel and accessories start-ups The RealReal and ThredUp are rebuilding business models to deal with Covid-19 requirements. Resale experiments at department stores like Macy’s are underway and its CEO says luxury is a bright spot amid a bleak retail landscape, while Walmart also has a new deal with ThredUp. Luxury shopping is a big consumer prize: Amazon just announced its entry, Amazon Luxury Stores.