Walmart has hired former Justice Department official Joe Beemsterboer as its new head of Government Enforcement and Legal Investigations: “Before joining Walmart, Beemsterboer spent over 12...READ MORE
Valuable information, curated from dozens of sources around the globe, keeps you abreast of meaningful retail news. Subscribe to the newsletter and start your workday with the latest.
Most Recent News
July brought some unexpected good news for shopping malls in the United States: “Visits to malls (includes indoor malls, open-air lifestyle centers and outlet malls) were down year-over-year,...
Walmart and Amazon are engaged in a new frontier of competition: website ad revenue. “Walmart brought in about $2.1 billion revenue from advertising last year, so it’s definitely playing...READ MORE
Sam’s Club pharmacy has ranked #1 in J.D. Power & Associates customer satisfaction survey for the seventh year in a row: “The study, now in its 14th year, was redesigned for 2022. It...READ MORE
Consumers are raiding their savings accounts to pay the bills with many fearing further financial problems: “Expectations are grim: 63% of consumers who earn under $50,000 annually told us they...READ MORE
Consumer spending increased in June, despite a low customer sentiment index: “Overall consumer spending climbed a healthy 1.1 percent in June, the Bureau of Economic Analysis reported Friday, a...READ MORE