News

Amazon is triggering a battle for rock-bottom prices

A new study revealed that Amazon is, on average, the cheapest of all the major online retailers in the United States. Amazon beat out Best Buy, Wayfair, and Dick’s Sporting Goods to be crowned the most affordable place to buy appliances, electronics, furniture, and sporting goods. Walmart‘s website followed closely […]
Amazon is triggering a battle for rock-bottom prices
News

Walmart still has a big weakness in its battle against Amazon

Walmart has set its sights online for growth, beefing up its e-commerce offerings with quick and free shipping to compete with Amazon. It still lags behind in one key area, however, according to analysts at Cowen. The gap in assortment – the actual products offered by Walmart.com and Amazon.com – […]
Walmart still has a big weakness in its battle against Amazon
News

Walmart is helping launch original shows, claiming that Netflix and Amazon don’t make enough content aimed at its core Middle America shoppers

Walmart has struck deals to back original TV shows and other programming that will air on its streaming service, Vudu. The retailer’s streaming videos will be geared towards Walmart’s customer base of middle- and lower-income shoppers who don’t live in major cities, who Walmart believes to be underserved by current […]
Walmart is helping launch original shows, claiming that Netflix and Amazon don’t make enough content aimed at its core Middle America shoppers
News

Walmart is looking into selling cannabis products in its Canadian stores

Walmart’s Canadian division is exploring the sale of marijuana products in its stores, according to reports. The company said it had carried out some “preliminary fact-finding” on carrying CBD-infused products in its stores, but it had no immediate plans. Canada is set to legalise marijuana federally on October 17, and […]
Walmart is looking into selling cannabis products in its Canadian stores
News

Amazon just intensified the war against Walmart

Amazon’s announcement that it is raising minimum wage to $US15 per hour should terrify Walmart. Walmart and Amazon are battling for seasonal holiday workers, and a higher minimum wage gives Amazon the much-needed edge. Raising the minimum wage also serves as a crucial reputation fixer for Amazon, elevating it above […]
Amazon just intensified the war against Walmart
News

Walmart filed a patent application for a shopping cart that would track your stress levels as you’re shopping and alert employees if you’re internally freaking out

Walmart filed a patent application for a shopping cart that would track things such as shoppers’ heart rates and temperatures and how strongly they’re gripping the handle. According to the patent filing, the cart would use this data to figure out whether shoppers are stressed and when they might need […]
Walmart filed a patent application for a shopping cart that would track your stress levels as you’re shopping and alert employees if you’re internally freaking out
Markets

WALMART SOUNDS THE ALARM: Trump’s trade war will hit Americans hard

Walmart sent a letter to the Trump administration about two weeks ago asking it to reconsider new tariffs on $US200 billion worth of Chinese goods. In a letter to US Trade Representative Robert Lighthizer seen by Business Insider, the retailer reportedly said the immediate impact of the fresh tariffs “will […]
WALMART SOUNDS THE ALARM: Trump’s trade war will hit Americans hard
News

Walmart is doubling down on a futuristic way to train employees

Walmart is shipping 17,000 Oculus Go headsets to stores for training purposes, the company announced on Thursday. Walmart is expanding a program it began last year. The headsets have been used in training at Walmart Academies, which are special centres designed to teach advanced retail skills. The retailer says it […]
Walmart is doubling down on a futuristic way to train employees
News

The woman behind Bonobos’ most hated ad is its new CEO

Bonobos has a new CEO: Micky Onvural. Founder Andy Dunn announced he was stepped down as CEO in a Linkedin blog post on Tuesday, but did not reveal his next move. Onvural served as Bonobos’ chief marketing officer for two years. While serving that role, Bonobos put out what Dunn […]
The woman behind Bonobos’ most hated ad is its new CEO
News

These are the brands with the most loyal shoppers

Amazon and Walmart have the most loyal customers, according to a study by Morning Consult. The study looked at what drives brand loyalty across various industries and found that reliability is the most important factor. Morning Consult asked 6,600 shoppers to think of a brand they are loyal to and […]
These are the brands with the most loyal shoppers
News

Walmart built a new vending machine that retrieves groceries within seconds

Walmart is expanding a test of automated kiosks that serve as vending machines for online grocery orders. The company is testing a new version of the kiosks that’s attached to a supercenter store in Sherman, Texas. The kiosk retrieves customers’ online grocery orders within seconds. The pickup kiosks are part […]
Walmart built a new vending machine that retrieves groceries within seconds
News

Walmart says these will be the 40 toys every kid wants this holiday

Walmart unveiled its top toys of 2018 list in September, enlisting kids and “toy influencers” to predict the toys every kid will want this holiday. This year, Walmart’s list has 40 toys in different categories like collectibles, toys delivered from entertainment properties, big brands, and innovation. Walmart’s VP of toys, […]
Walmart says these will be the 40 toys every kid wants this holiday
News

Walmart should buy these 3 startups to take on Amazon, according to Morgan Stanley

In a note to clients about the battle between Amazon and Walmart, Morgan Stanley said Walmart should consider acquiring additional brands to better position itself against Amazon. Amazon’s shoppers are younger and wealthier, on average, when compared to Walmart’s shoppers. Startups like Outdoor Voices, Allbirds, and Warby Parker, which are […]
Walmart should buy these 3 startups to take on Amazon, according to Morgan Stanley
Markets

MORGAN STANLEY: Amazon and Walmart are duking it out in a $4 trillion market

The retail sales market will grow to $US4.3 trillion by 2021, Morgan Stanley analysts estimate. Walmart‘s opportunity for upscaling its customer base, which includes low income earners, is greater than Amazon’s opportunity for downscaling, they said. But competition with Amazon may weigh on Walmart’s margins. Watch Walmart trade in real-time […]
MORGAN STANLEY: Amazon and Walmart are duking it out in a $4 trillion market
Markets

Walmart’s new feature has its e-commerce business growing faster than Amazon’s

Walmart‘s Click & Collect feature has its e-commerce growing faster than Amazon’s. Click & Collect is driving loyalty and more visits to Walmart stores. Walmart’s comparable grocery sales, its largest category, grew impressively in the second quarter. Watch Walmart’s trade in real-time here. Walmart’s e-commerce business is growing faster than […]
Walmart’s new feature has its e-commerce business growing faster than Amazon’s
Markets

Walmart’s massive surge just added billions to the Walton family’s wealth — here’s how much you’d have made if you invested $1,000 back in the day

Walmart is surging after crushing earnings estimates Thursday morning, adding about $US12 billion to the wealth of the Walton family. An investment of $US1,000 at the start of 1980 would be worth over $US1.9 million today. Watch Walmart stock trade in real time here. Walmart’s stock price is surging after […]
Walmart’s massive surge just added billions to the Walton family’s wealth — here’s how much you’d have made if you invested $1,000 back in the day
Markets

Walmart’s surge just added $12 billion to the Walton family’s wealth

The Walton family still controls about 48% of Walmart, meaning their exorbitant wealth is innately tied to the company’s stock price. Walmart’s earnings surge on Tuesday netted Sam Walton’s heirs a cool $US11.6 billion. Follow Walmart stock price in real-time here. Walmart skyrocketed more than 10% Thursday following the grocer’s […]
Walmart’s surge just added $12 billion to the Walton family’s wealth
News

These are the 20 biggest retailers in America

America’s biggest retailers bring in billions of dollars in sales each year. A recent ranking in the National Retail Federation’s Stores magazine looked at the top 100 biggest retailers based on sales. Walmart,Kroger, and Amazon took the top three spots in the ranking, which used data from Kantar Consulting. The […]
These are the 20 biggest retailers in America
News

Aldi just revealed its next assault against Walmart, Amazon, and Kroger

Aldi is planning to expand grocery delivery services to all US stores, Aldi US CEO Jason Hart told Business Insider. The company will start testing curbside pickup as well, Hart said. Aldi is slowly ramping up its investment in delivery and pickup amid fierce competition from Walmart,Kroger, and Amazon for […]
Aldi just revealed its next assault against Walmart, Amazon, and Kroger
News

Walmart is gearing up to replace Toys R Us

Walmart is ramping up its offerings for babies and kids. The company has added more than 30,000 new baby-related products to its website in the last year. Now it’s launching a new section on its website featuring baby nursery items categorized into different themes including wanderlust, boho chic, and mid-century […]
Walmart is gearing up to replace Toys R Us
News

Walmart is using self-driving cars to transport shoppers to their groceries

Walmart is using Waymo‘s self-driving cars to transport shoppers to pick up their online grocery orders. The service is being tested at a Walmart store in Chandler, Arizona. “Our personal shoppers get to work meticulously picking customers’ orders based on their pickup times,” Tom Ward, Walmart’s vice president of e-commerce […]
Walmart is using self-driving cars to transport shoppers to their groceries
Lifestyle

The 28 richest American families, ranked

The US may not have any rich royals, but it does have rich families with net worths in the billions. These billionaire clans have accumulated their fortunes in vastly different ways, from publishing and cosmetics to retail and hotels. Keep reading to see the top 28 richest families in the […]
The 28 richest American families, ranked
News

Amazon’s made-up holiday is forcing other retailers to offer crazy sales

AmazonPrime Day is putting pressure on major retailers such as Target,Macy’s,Walmart, and J.C. Penney to offer massive Black Friday-style sales in July. Some of these retailers are offering as much as 30% off certain products and departments. Others, such as Home Depot, Staples,Best Buy, and Bed Bath & Beyond, have […]
Amazon’s made-up holiday is forcing other retailers to offer crazy sales
Strategy

Walmart employees share the 5 biggest mistakes shoppers make

Walmart store employees have some suggestions about what to steer clear of on your next shopping run. Business Insider spoke with a number of associates to find out what mistakes they’d like to tell shoppers to avoid. Some associates shared money-saving hacks, while others gave tips on what times to […]
Walmart employees share the 5 biggest mistakes shoppers make
News

Walmart has a new weapon to take on Amazon

Walmart has hired its first chief customer officer, Janey Whiteside. She will oversee all customer-focused initiatives online and in Walmart stores. The move comes as Walmart focuses more and more on the customer experience, and competes with Amazon. Walmart is placing a renewed focus on the customer. The retail giant […]
Walmart has a new weapon to take on Amazon
News

Walmart reveals the most popular two-day shipping item in every state

Walmart.com analysed the most popular item available for free, two-day shipping in every state from January 2018 to June 2018. There were some items that were popular everywhere, like Spectre TV’s, L.O.L Surprise! toys and Bounty paper towels, but there were also some surprises. According to the data, New Yorkers […]
Walmart reveals the most popular two-day shipping item in every state
News

Walmart employees share 5 annoying things they wish shoppers would stop doing

Walmart jobs can be rough when customers are rude. Some employees have spoken to Business Insider about particularly gob-smacking behaviours from shoppers. They highlighted people eating produce and leaving items throughout the store as particularly annoying. Sign up for Business Insider’s retail newsletter, The Drive-Thru. Visit Business Insider’s homepage for […]
Walmart employees share 5 annoying things they wish shoppers would stop doing
News

A 23-year-old has been arrested after being accused of making $1.3 million in fake returns at more than 1,000 Walmart locations, and it reveals a dangerous trend sweeping the industry

The police have arrested a 23-year-old man in Yuma, Arizona, who they say made fraudulent returns at more than 1,000 Walmart locations across the United States. The fake returns cost Walmart roughly $US1.3 million, according to authorities. Return fraud costs retailers up to $US17 billion annually in the US. A […]
A 23-year-old has been arrested after being accused of making $1.3 million in fake returns at more than 1,000 Walmart locations, and it reveals a dangerous trend sweeping the industry
News

These are the best grocery stores in America, according to shoppers

Wegmans has been voted the best grocery store chain in the United States for the third consecutive year, according to Market Force Information’s annual survey. In 2017, Wegmans tied for first place with Publix. These two regional chains were ranked highest in terms of store cleanliness and item availability. Wegmans […]
These are the best grocery stores in America, according to shoppers
News

Sam’s Club is opening a mysterious new tech-focused grocery store

Walmart-owned Sam’s Club is opening a store that carries mainly fresh food and grab-and-go meals. The store, which has not yet been named, will serve as a testing ground for new technology such as self-service returns, digital price tags, and cashierless checkout through Scan & Go. The store, opening in […]
Sam’s Club is opening a mysterious new tech-focused grocery store
News

Walmart’s e-commerce CEO reportedly just dropped $43 million on a penthouse in a ‘paparazzi-proof’ building filled with celebrities. Take a look inside.

Walmart‘s CEO of US e-commerce, Marc Lore, has reportedly purchased a penthouse in an ultra-luxury building in Manhattan for $US43.8 million, according to the Wall Street Journal. The building is known for being an enclave of celebrities due to “paparazzi-proof” features like a lower-level parking lot protected by iron gates. […]
Walmart’s e-commerce CEO reportedly just dropped $43 million on a penthouse in a ‘paparazzi-proof’ building filled with celebrities. Take a look inside.
Strategy

Walmart workers wish they could tell customers these 7 things

Walmart store employees aren’t always able to speak their minds when dealing with customers. Business Insider spoke with a number of associates to find out what they’d like to tell shoppers, but can’t. For one thing, an employee said, check the website before going to the store: If the price […]
Walmart workers wish they could tell customers these 7 things
News

Walmart is giving away free doughnuts — here’s how to get some

Walmart is giving away free doughnuts at locations across the United States on Friday, with as many as 1.2 million doughnuts up for grabs. Other chains giving away doughnuts to celebrate National Doughnut Day include Dunkin’ Doughnuts and Krispy Kreme. National Doughnut Day is celebrated on the first Friday of […]
Walmart is giving away free doughnuts  —  here’s how to get some
News

Walmart is now offering college tuition to employees for $1 a day

Walmart announced on Wednesday that it will offer low-cost college education to part-time, full-time, and salaried employees at three universities, all of which have online programs for working adults. Employees will pay just $US1 a day, which works out to about $US75 per semester. The catch is that employees must […]
Walmart is now offering college tuition to employees for $1 a day
News

Walmart is making a massive change that employees have been demanding for years

Walmart employees can now wear jeans, which were previously prohibited, and shirts of any colour or pattern. The retailer announced the changes on Wednesday, calling its former dress code “outdated.” Employees were previously barred from wearing blue denim, and shirt colours were restricted to blue or white. The company faced […]
Walmart is making a massive change that employees have been demanding for years
News

Facebook is taking a page from Amazon, Walmart, and IKEA

Facebook is launching a new home-services feature for Marketplace. It looks a lot like other existing services that offer vetted professionals for hire, like Angie’s List and Amazon Home Services. Users can enlist professionals to do things like plumbing, cleaning, or performing home renovations. Facebook has partnered with Handy, HomeAdvisor, […]
Facebook is taking a page from Amazon, Walmart, and IKEA
Markets

Walmart beats as online sales surge

Walmart beat on both the top and bottom lines. Online sales surged by 33% versus a year ago. Cool April weather negatively impacted merchandise sales and traffic. Watch Walmart trade in real time here. Walmart on Thursday reported first-quarter earnings and sales that topped analysts’ expectations, boosted by strong online […]
Walmart beats as online sales surge
News

Amazon is aggressively going after some of Walmart’s most loyal customers

Amazon is trying to break down barriers that keep those without credit cards or bank accounts from shopping on the site. The retailer is aggressively going after these customers with new initiatives like Amazon Cash, Prime discounts, and, reportedly, some kind of checking account. The unbanked tend to be lower-income, […]
Amazon is aggressively going after some of Walmart’s most loyal customers
News

Walmart has a new website for wealthy shoppers — here’s what it’s like

Walmart is targeting wealthy shoppers with a new online shop that features upscale fashion brands sold by Lord & Taylor. The shop, which is launching in the coming weeks, will be accessible through a new tab on Walmart’s website called “premium brands.” Walmart’s current clothing assortment will live under a […]
Walmart has a new website for wealthy shoppers  —  here’s what it’s like
Tech

Walmart just scored a huge victory over Amazon with Apple’s help

Jet.com is now a reseller of Apple products, including the iPhone, it announced on Wednesday. Jet.com is a subsidiary of Walmart and runs independently. Walmart is already a massive Apple retailer. Amazon carries some Apple products, including Mac computers – but not the iPhone, iPad, and Apple Watch. It’s possible […]
Walmart just scored a huge victory over Amazon with Apple’s help