November 13, 2017 by MMR
Lord & Taylor, Lord and Taylor, online, Walmart
Featured Articles, Leading Headlines, Retail News
BENTONVILLE, Ark. — Walmart and Lord & Taylor announced Monday that they are teaming up to create a new online fashion destination. The companies said that Lord & Taylor will launch a flagship store on Walmart.com. The online store, expected to launch in spring 2018, will let Walmart.com offer a specialized online experience featuring Lord
November 13, 2017 by MMR
myCheckout, online, online shopping, Order Pickup, Ship from Store, Target, Target Restock
Featured Articles, Leading Headlines, Retail News
MINNEAPOLIS — Target says its ability to use its store network to get online orders faster, together with the compelling new brands it has on offer, should translate into a strong sales in the upcoming holiday season. The retailer pointed out in a blog post Monday that it offers online shoppers a number of ways
November 13, 2017 by MMR
Food retailers, home delivery, store-pickup services
2017, Issue 11-13-2017, Issues
NEW YORK — Food retailers are adding home delivery and store-pickup services in an effort to address the needs of a small but possibly growing contingent of consumers who want the convenience of shopping for groceries online. Jewel-Osco was set to launch a delivery service in Chicago earlier this month, allowing residents of much of
November 13, 2017 by MMR
Richard Ashworth, Walgreens, Walgreens Boots Alliance, WBA
2017, Issue 11-13-2017, Issues
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) has promoted Richard Ashworth to president of operations at Walgreens, a newly created position, the company announced last month. Ashworth has been with the company more than 25 years, most recently serving as president of pharmacy and retail operations. Now, with the promotion, Ashworth takes on additional
November 13, 2017 by MMR
NRF, tax reform legislation, The National Retail Federation
2017, Issue 11-13-2017, Issues
WASHINGTON — The National Retail Federation (NRF) said it welcomed the tax reform legislation that was introduced in Congress and called on legislators to get the measure to President Trump as soon as possible. “President Trump wants to sign tax reform into law by Christmas, and we think that would be the perfect present for
November 13, 2017 by MMR
Moody’s Investors Service., operating income, U.S. retailers
2017, Issue 11-13-2017, Issues
NEW YORK — U.S. retailers can expect operating income and sales to grow between 3.5% and 4.5% in 2018, according to Moody’s Investors Service. Meanwhile, solid economic fundamentals suggest healthy holiday sales growth of between 3% and 4% this year, Moody’s said at the end of last month in releasing its retail sector outlook for
November 13, 2017 by MMR
BJ's Wholesale Club, Forrester's U.S. 2017 Customer Experience Index, Rite Aid
2017, Issue 11-13-2017, Issues
CAMBRIDGE, Mass. — Rite Aid Corp. and BJ’s Wholesale Club Inc. were the biggest gainers among food, drug and mass retailers in Forrester’s U.S. 2017 Customer Experience Index (CX Index). The index, based on a survey of some 120,000 U.S. online adult consumers, measures and ranks more than 300 U.S. brands across 21 industries. Of
November 13, 2017 by MMR
Amazon, Profitero, Walmart
2017, Issue 11-13-2017, Issues
BOSTON — A new report from global e-commerce analytics firm Profitero reveals that Amazon may be the current online price leader, but that lead could be slipping as Walmart ramps up its efforts to be price competitive. The study, “Price Wars: A Study of Online Price Competitiveness,” states that Amazon’s prices are typically 11% lower
November 13, 2017 by MMR
TABS Analytics, Walmart
2017, Issue 11-13-2017, Issues
SHELTON, Conn. — Walmart is the leading venue for sales of household products, according to research by TABS Analytics. Walmart accounts for 16.4% of sales in the $75 billion household products market, TABS revealed in a recent webinar. That compares to 14.9% for food retailers, 9.5% for dollar stores, 9.3% for home improvement stores. E-commerce
November 13, 2017 by MMR
Fred Morganthall, Kroger, Mike Donnelly
2017, Issue 11-13-2017, Issues
CINCINNATI — Kroger Co. executive vice president of merchandising Mike Donnelly has assumed responsibility for both operations and merchandising as executive vice president and chief operating officer. The move comes as Fred Morganthall, who has been serving as Kroger’s executive vice president of retail operations, is set to retire, effective November 30. Donnelly will become
November 13, 2017 by MMR
holiday, retailers
2017, Issue 11-13-2017, Issues
NEW YORK — As the holiday shopping season gets under way, the latest forecasts suggest that consumer spending will be up this year. But retailers are taking no chances, offering special deals and free shipping to get customers to shop their stores or websites. Walmart announced this month that it is expanding its product assortment
November 10, 2017 by MMR
Jet.com, Nielsen, POS data, Walmart, Walmart One Version of Truth
Leading Headlines, Supplier News
NEW YORK — Nielsen announced Thursday that it had been named Walmart’s preferred provider of point-of-sale data, and was expanding its partnership with the giant retailer. Nielsen chief executive officer Mitch Barns shared details of the arrangement during the the company’s Investors Day conference. According to Barns, Nielsen and Walmart are teaming up to create