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The New York Federal Reserve Bank has announced a new metric to gauge supply chain pressures: “Noting that supply chain pressures are a key driver of inflation, the bank said in a press release...
READ MOREWalmart is expanding its Neighborhood Market format by adding two new stores in Florida and Georgia: “The two stores feature a new layout and larger footprint than previous Neighborhood...
READ MORETarget is getting competitive with Walmart by lowering prices on thousands of items: “The retailer plans to lower prices on roughly 5,000 ‘frequently shopped items,’ including milk,...
READ MOREWalmart has increased its shipping speeds, making it more competitive with Amazon when it comes to e-commerce: “Walmart delivered 4.4 billion items with either same-day or next-day shipping...
READ MOREA recent survey showed that most Americans plan to celebrate the upcoming holiday and likewise plan to shop: “That’s according to market research firm Numerator’s survey of over 5,500...
READ MOREA recent study showed that younger consumers prefer a mix of shopping online and in-store: “The study found that 78% of millennials, 76% of bridge millennials and 73% of Gen Z shoppers buy...
READ MOREFormer Walmart U.S. CEO Bill Simon believes that, in the long term, affluent consumers won’t continue to shop at Walmart: “Even though affluent shoppers helped drive the retailer’s...
READ MOREWalmart has opened a new next-gen fulfillment center in Greencastle, Pennsylvania: “The discounter has opened its fourth next-generation fulfillment center. The 1.5 million-sq.-ft. facility is...
READ MOREThe United States Postal Service wants to increase rates for its Parcel Select service: “The agency wants rates for Parcel Select to increase by 25% on average on July 14, according to a notice...
READ MOREWalmart reported strong growth in its first quarter, attributing much of its success to its omnichannel retail options and marketplace sales: “Growth was driven by its pickup & delivery...
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