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Tag: walmart

Retail Roundup—CB2 selling online mattress brand; Walmart unveils shoppable apartments

CB2 selling online mattress brand CB2 had teamed up with Tomorrow Sleep to sell the company’s hybrid mattresses in store. The mattresses, born as a subsidiary of Serta Simmons Bedding, has traditionally sold direct-to-consumers but will now also be available in 13 CB2 stores across nine states. (PR Newswire) Walmart unveils shoppable apartments Walmart shoppers can …

Retail Roundup—CB2 selling online mattress brand; Walmart unveils shoppable apartmentsRead More

Walmart Joins Microsoft With Bid For TikTok’s U.S. Business

Walmart is partnering with Microsoft to make a bid for the U.S. operations of short-form video platform TikTok. The offer will go up against acquisition bids by other major companies, possibly including Oracle, according to CNBC. If successful, the deal could help Walmart better position itself to merge its retail operations with media capabilities. “The …

Walmart Joins Microsoft With Bid For TikTok’s U.S. BusinessRead More

Walmart sells off 2 more digital brands

Dive Brief: Walmart has made deals to sell off two of its online brands, a spokesperson confirmed for Retail Dive. Shoes.com, which Walmart acquired for $9 million in 2017, is headed to private equity firm CriticalPoint Capital, according to Bloomberg, which first reported the news. CriticalPoint is the owner of the footwear retailer JackRabbit. Digital …

Walmart sells off 2 more digital brandsRead More

Retail Roundup—Pier 1 same-store sales drop 8%; Walmart, Kroger top retailers

Walmart India makes half of sales out of store Walmart India is now getting almost half of its business through out-of-store sales channels including B2B e-commerce, associate-driven sales and call centers. Walmart was among the first retailers in India to adopt the omnichannel way of doing business. (Economic Times) Walmart, Kroger, Amazon top retailers Walmart, Kroger …

Retail Roundup—Pier 1 same-store sales drop 8%; Walmart, Kroger top retailersRead More

Retail Roundup—Etsy expands in Germany; Bluefly gains more sellers

Walmart hires design executive Walmart took another giant digital step by hiring Valerie Casey as head of design, the first time a design executive has been in an officer-level position. The hiring of Casey demonstrates the company’s commitment to digital retailing. (Media Post) Bluefly rapidly gains more sellers Online fashion marketplace Bluefly partners with Mirakl …

Retail Roundup—Etsy expands in Germany; Bluefly gains more sellersRead More

Walmart Canada Will Invest $3.5 Billion To Modernize Stores, DCs And Supply Chain

Walmart Canada is planning a $3.5 billion (Canadian) investment over the next five years that will impact every aspect of its business. The equivalent in U.S. dollars is $2.58 billion. At the store level, the funds will go toward: Renovations to nearly one-third of its locations; Expansion of curbside pickup; Piloting “micro fulfillment centers” within …

Walmart Canada Will Invest $3.5 Billion To Modernize Stores, DCs And Supply ChainRead More

Walmart Doubles Down On “Save Money. Live Better.” As It Wants To Help You Shop For Your Next Health Insurance Plan

Walmart quietly launched Walmart Insurance Services LLC. The new business entity moves Walmart beyond just offering education on insurance to selling health insurance policies. “Yes, you read that right, Walmart now has an insurance agency,” reads multiple new job listings on Walmart’s site. This follows a presentation by Walmart President of Health and Wellness Sean …

Walmart Doubles Down On “Save Money. Live Better.” As It Wants To Help You Shop For Your Next Health Insurance PlanRead More

Walmart quietly registers insurance business in latest health-care move

A Walmart Care Clinic in Carrollton, Georgia, is ready to start seeing patients. Those who use the clinic will pay $4 if they are covered by Wal-Mart’s employee health plan or $40 if they do not. Jodi Gralnick | CNBC Walmart is making yet another move in the health-care world: It’s getting into the insurance …

Walmart quietly registers insurance business in latest health-care moveRead More

Walmart’s stock rises 7% on report of Amazon Prime competitor coming this month

Walmart‘s answer to Amazon Prime will launch this month, according to a report by Vox’s Recode. The big-box giant confirmed in February that it plans to roll out a subscription-based service called Walmart+, but it hasn’t revealed details or its strategy to attract members and stand out from competitors. Shares rose by nearly 7% Tuesday to …

Walmart’s stock rises 7% on report of Amazon Prime competitor coming this monthRead More

Walmart discontinues sales of ‘All Lives Matter’ shirts following backlash | Fashion

Giant US retailer Walmart is set to discontinue sales of “All Lives Matter” merchandise on their website, after a social media backlash. The company, which is the biggest retailer in the US, caused controversy online earlier this week when it was revealed that a third-party brand, Old Glory, was selling a number of $20 T-shirts …

Walmart discontinues sales of ‘All Lives Matter’ shirts following backlash | FashionRead More