Walmart releases Q3 earnings — ChainStoreAge.com
Walmart has released its Q3 earnings, beating estimates while acknowledging the possibility of grocery deflation in the coming months: “In the U.S., Walmart’s same-store sales rose 4.9%,...
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Walmart continues to dominate Amazon in online grocery sales — BusinessInsider.com
Walmart continues to have a larger share of online grocery sales: “By the end of 2024, Walmart will have 26.9% of online grocery sales, while Amazon will have just 18.5%, according to the data....
READ MOREGrocery industry faces cold storage shortage– SupplyChainDive.com
The grocery industry continues to struggle with a shortage of cold storage facilities: “For decades, innovations in the food and pharmaceutical industries pushed up the value of products moving...
READ MORESally Beauty: Consumers cutting back on beauty supplies — PYMNTS.com
Sally Beauty reports that many consumers are becoming more frugal when it comes to beauty purchases: “The beauty products chain has observed an ongoing trend where items like styling tools...
READ MOREOnline grocery sales are on the rise — ChainStoreAge.com
Consumers continue to purchase groceries online: “The mass format, and particularly Walmart, continues to attract a larger share of MAUs as U.S. households search for ways to save money,”...
READ MOREAll eyes on Walmart, Target earnings — Reuters.com
Analysts await Walmart and Target earnings reports in hopes that they’ll provide insight into the current economic climate: “After a turbulent holiday season last year, when inflation...
READ MOREWalmart’s sustainability strategy — MIT Management Sloan School
Vishal Kapadia, Walmart’s SVP for energy transformation recently spoke about the company’s sustainability strategies: “Kapadia said that some potential customers have ‘range...
READ MORESurvey: Consumers concerned about cost of living — ChainStoreAge.com
A recent survey shows that most consumers are “extremely concerned” about cost of living increases: “A majority (62%) of consumers are ‘extremely concerned’ about the...
READ MOREWalmart vs. Amazon in grocery — PYMNTS.com
PYMNTS.com offers an analysis of where Walmart and Amazon stand in the battle for grocery dollars: “Walmart has capitalized on the opportunity presented by persistent inflation, especially in...
READ MOREWalmart Kantar’s #1 retailer — ChainStoreAge.com
Once again, Walmart takes the top position in Kantar’s PoweRanking Report: “Walmart claimed the No. 1 spot among retailers in Kantar’s U.S. 2023 PoweRanking report. The retailer has...
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