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NRF releases 2023 Top 100 Retailers list

NRF releases 2023 Top 100 Retailers list

WASHINGTON – The National Retail Federation today released its annual list of the Top 100 Retailers, compiled by Kantar, a global marketing data, insight and consultancy company. The 2023 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. Longtime No. 1 Walmart held its top position with $499.65 billion in U.S. retail sales

A look at the grocers best positioned for 2053

A look at the grocers best positioned for 2053

CHICAGO – Amazon, Aldi, Costco Wholesale Club, and Walmart are among U.S. grocery retailers best positioned for success in 2053, according to a report out today from dunnhumby. “Grocery 2053: A Data-Driven Gaze into the Future” is the data science firm’s examination of trends that will have the biggest potential impact on grocery retailers over

Influential Women: Judith McKenna, Walmart

BENTONVILLE, Ark. — Over the last several years Judith McKenna has led a restructure of Walmart’s international portfolio, divesting businesses in Argentina, Brazil, Japan and the United Kingdom between 2018 and 2021, allowing the business to invest in high-growth markets. Now, Walmart International is poised to generate long-term sustainable growth for the company. McKenna was

CEO Doug McMillon details Walmart’s evolution

CEO Doug McMillon details Walmart’s evolution

BENTONVILLE, Ark. — The Walmart that Doug McMillon presides over is a different place than it was when he became CEO nine years ago. At the time, some industry observers viewed the company as too vast and deeply rooted in brick-and-mortar retailing to compete effectively in the age of e-commerce. With McMillon’s prodding, Walmart proved

Walmart: stores the next frontier for retail media

Walmart: stores the next frontier for retail media

BENTONVILLE, Ark. — Walmart has grown its retail media business, Walmart Connect, by offering advertisers the ability to reach consumers when they are searching for products on the retailer’s website as well as via thousands of digital televisions and point-of-purchase screens in its physical stores. Now Walmart Connect plans to leverage the retailer’s stores to

Walmart making online orders more sustainable

Walmart making online orders more sustainable

BENTONVILLE, Ark. – Walmart has announced new measures designed to make its online orders more sustainable. Recognizing that its customers have hundreds of millions of packages shipped from Walmart each year, the retailer said Thursday that it is making it easier for customers to reduce plastic waste, for example. Moving forward, nearly all orders shipped

Walmart shareholders vote down nine proposals

Walmart shareholders vote down nine proposals

BENTONVILLE, Ark. — Walmart shareholders voted down nine proposals, ranging from a call for a racial equity audit to one seeking an evaluation of the risks of doing business with China. Shareholders also approved the election of the retailer’s director nominees. The votes came during Walmart’s annual shareholders’ meeting, which was conducted virtually on Wednesday.