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Issue 12-14-2015

Walmart creates pathways to a better in-store experience

BENTONVILLE, Ark. — Walmart generated headlines in February with the announcement that it would raise the baseline pay of its store associates. Walmart generated headlines in February with the announcement that it would raise the baseline pay of its store associates. But as significant as the move was, it was only one element of a

Endless aisles available for digital customers

SAN BRUNO, Calif. — The mission of Walmart’s global e-commerce business, based here in Silicon Valley, is to develop world-class e-commerce capabilities and then integrate them with the company’s formidable strengths in brick-and-mortar retailing, in order to meet consumers’ growing demand for a seamless omnichannel shopping experience. The mission of Walmart’s global e-commerce business, based

Next-generation network to sharpen distribution

SAN BRUNO, Calif. — Walmart, which has long been known for the efficiency of the distribution network that serves its brick-and-mortar stores, is leveraging those existing assets as it creates the "next generation fulfillment network" to support its omnichannel retailing model. Walmart, which has long been known for the efficiency of the distribution network that

Retailer cultivates tech talent

SAN BRUNO, Calif. — Walmart’s growing operation here is evidence of the retailer’s commitment to make the investments necessary to compete and win in e-commerce. Walmart’s growing operation here is evidence of the retailer’s commitment to make the investments necessary to compete and win in e-commerce. The company currently employs about 2,200 people in its

Trove of shopping data provides chain with actionable insights

BENTONVILLE, Ark. — The opportunity to apply data science and digital technology to old-fashioned retailing fundamentals makes this an exciting time for Sam’s Club, says senior vice president and chief member officer Tracey Brown. The opportunity to apply data science and digital technology to old-fashioned retailing fundamentals makes this an exciting time for Sam’s Club,

Product mix tailored to members

BENTONVILLE, Ark. — Getting the merchandise assortment right is important for any retailer, but it is particularly critical for Sam’s Club, which has to meet its members’ needs with a limited assortment. Getting the merchandise assortment right is important for any retailer, but it is particularly critical for Sam’s Club, which has to meet its

Seminal retail event

NEW YORK – Surging online sales contrasted with disappointing brick-and-mortar volume as the holiday shopping season got under way. E-commerce purchases soared 14% on Cyber Monday to a record $3 billion plus, causing websites including target.com to temporarily crash from overuse. In-store crowds for Black Friday, by comparison, were thinner than expected. ShopperTrak estimated brick-and-mortar

Ex-Target exec to assist Walmart with marketing

BENTONVILLE, Ark. – Walmart confirmed earlier this month that the company’s head of marketing, Stephen Quinn, will be retiring from the company. According to Walmart spokeswoman Deisha Barnett, Quinn will step down on January 31. In conjunction with the Quinn announcement, Walmart said that it plans to hire former Target Corp. marketing chief Michael Francis

Baldwin to succeed Sen as BJ’s CEO

WESTBOROUGH, Mass. – BJ’s Wholesale Club Inc. announced earlier this month that it had promoted Christopher Baldwin as the company’s chief executive officer, effective February 1. Baldwin, who joined BJ’s in September as chief operating officer, succeeds Laura Sen in the CEO role. Both Sen and Baldwin will continue to serve on the company’s board.

Albertsons is gearing up for IPO

BOISE, Idaho – Albertsons is preparing for an initial public offering of stock and has reacquired 33 of the stores it was forced by antitrust regulators to sell ahead of its buyout of ­Safeway. Albertsons last month filed an amended S-1 form with the Securities and Exchange Commission regarding its IPO. The company expects to

FTC asks WBA, Rite Aid for info

DEERFIELD, Ill. – As has been expected, Walgreens Boots Alliance Inc. and Rite Aid Corp. announced earlier this month that the two companies have each received a request for additional information (“second request”) from the Federal Trade Commission in connection with WBA’s proposed acquisition of Rite Aid. The second request was issued under notification requirements