walmart

Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in 1962 and incorporated on October 31, 1969.

(source: corporate.walmart.com)

Walmart Commits to 5-Year $200 Billion Global Sales Goal
Walmart Commits to 5-Year $200 Billion Global Sales Goal
June 04, 2023  |  Walmart

Walmart plans to double its overseas gross merchandise volume to $200 billion in five years. “It is a pretty ambitious target,” said Judith McKenna, Walmart...

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Grocers Cut Prices Globally as Discount Retailers Gain Share
Grocers Cut Prices Globally as Discount Retailers Gain Share
June 02, 2023  |  Retail

Forced to choose between protecting their margins and losing more share to discount retailers, grocery chains worldwide are slashing prices to remain competitive. In the...

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Grocery Shoppers Are More Loyal to Merchants Than to Products
Grocery Shoppers Are More Loyal to Merchants Than to Products
May 31, 2023  |  Consumer Insights

As consumers adjust their spending in response to grocery inflation, shoppers are challenged to make difficult decisions about their food spending. Yet, fewer than half...

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Rising Organized Retail Theft Puts Pressure on Profits for Major Retailers  
Rising Organized Retail Theft Puts Pressure on Profits for Major Retailers  
May 31, 2023  |  Retail

It’s more than shoplifting. It’s organized retail theft. That’s been a common narrative for the past few years.  During May, retailers such as Target, Dollar...

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Provider Ranking of Shopping Apps Shows Brands Hunkering Down for Summer
Provider Ranking of Shopping Apps Shows Brands Hunkering Down for Summer
May 31, 2023  |  Shopping

You may have clicked this link looking for radical changes of position in PYMNTS’ Provider Ranking of Shopping Apps. Sorry to disappoint, but this is not...

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Amazon Wins in Dry Groceries as Walmart Breaks a Sweat
Amazon Wins in Dry Groceries as Walmart Breaks a Sweat
May 30, 2023  |  Retail

Walmart may be well ahead of Amazon in terms of share of the total grocery market, but when it comes to the center aisles, the...

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Grocery Shoppers Don’t Scrimp When Buying Food for Their Pets
Grocery Shoppers Don’t Scrimp When Buying Food for Their Pets
May 26, 2023  |  Consumer Insights

As ongoing macroeconomic challenges put pressure on consumers’ grocery shopping budgets, many are turning to lower-quality goods to save on cost, but few are willing...

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Putting Memorial Day BBQ on the Table May Put a Dent in Household Budgets
Putting Memorial Day BBQ on the Table May Put a Dent in Household Budgets
May 26, 2023  |  Economy

It’s Monday and a holiday. The hot dogs are at the ready. The grill’s fired up. The wallets feel a whole lot lighter. The Memorial...

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Gen Z Leads Decline in Subscription Renewals
Gen Z Leads Decline in Subscription Renewals
May 26, 2023  |  Retail

Value may outweigh convenience when it comes to recurring subscriptions, as consumers seek any and all avenues to cut costs. Consumers are digging deep to...

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