Target Shakes Up Online Leadership With Eye on Rivals Wal-Mart Stores Inc last month splashed out over $3 billion to acquire e-commerce startup Jet.com.
Target's online sales contribute about 3 percent to its overall revenue. Recognizing the need to boost growth, the Minneapolis-based retailer spent $1.4 billion in 2015 to improve its e-commerce
US Holiday Sales to Grow, But Big Chains Getting Smaller Piece
Consumers are increasingly buying gifts at niche retailers, potentially pulling spending away from places like Wal-Mart Stores Inc. and Macy's Inc., Deloitte said in an annual report released on Wednesday. Upstart companies – think Bonobos or Fabletics – have collectively steered $200...
Wal-Mart Completes Jet.com Acquisition for $3 BillionThe answer he said was in the savings both Wal-Mart and Jet can together offer shoppers.
Jet, with its ability to lower prices as customers add more items to their shopping carts, will help the world's largest retailer reach more customers such as millennial shoppers. The deal would also...
EBay Rival Letgo Touts Sales Growth as VCs Foot the Billcom, which said it was on track for $1 billion this year when Wal-Mart Stores Inc. agreed to acquire the company for about $3.3 billion. Although, Jet does not sell cars.
By Melissa Mittelman; editor: Mark Milian.
Wal-Mart Profit Beats Expectations With Stocks Rising
Wal-Mart outperformed a string of weak results by competitors. On Wednesday, rival Target Corp cut its full year profit forecast and reported a drop in quarterly sales due to weakness in its electronics and grocery departments.
Shares of Wal-Mart were trading up 3.5 percent at $75.48...
Hostess Is Now Selling Deep Fried Twinkies In The Freezer Aisle
Hostess is now mass-producing them and selling them at Wal-Mart in chocolate and vanilla. The Twinkies have been fried and frozen before packaging, according to the Associated Press. Then, you pop them in the oven and voila! Maybe it's not gourmet restaurant-quality, but it is a deep-fried...
Social Goods | Throwaway Clothing Culture, Ivanka Trump vs Working Moms"
"Why Wal-Mart Is a Retail Sustainability Leader (But Doesn't Really Want to Talk About It)"
""The retail giant boasts an impressive sustainability record, but the company is strictly business about its accomplishments — for good reason, experts say."
"FTC Cracks Down...
From Goldman to Google, Wal-Mart Hands Jet.Com's Backers a Win Now, with Wal-Mart Stores Inc. buying Jet.com for $3.3 billion, some of the biggest names on Wall Street and Silicon Valley — from Goldman Sachs Group Inc. to Google's venture arm — are cashing in.
Jet.com's backers may rake in anywhere from twice to 15 times their initial outlay, depending...
Wal-Mart to Buy Jet.com to Compete with Amazon
Wal-Mart's online business has struggled, posting its slowest growth in a year in the latest quarter, and the Jet deal reflected management's eagerness to prioritise online growth.
Wal-Mart, the world's largest retailer, said it would pay around $3 billion in cash for Jet, part of which...
Wal-Mart's Deal for Jet.com Said to Hinge on Keeping Founder
BI Primer: Wal-Mart Gains Undeterred by Wages, Deflation, Forex
Jet has differentiated itself in e-commerce through "gain sharing," enticing shoppers to add items to their baskets to reduce the shipping cost of each unit, or to pay with debit cards rather than credit to cut transaction...
Amazon Cloud Unit Helps It Stay Profitable While Investing
The Seattle-based company reported second-quarter earnings that topped analysts' estimates, while spending on quicker delivery to keep ahead of Wal-Mart Stores Inc. and other brick-and-mortar retailers, expanding its entertainment offerings to challenge video-streaming rival Netflix Inc....
Amazon Brings Back 'Prime Day' Sales Gimmick
Amazon's competitor, Wal-Mart, announced its own discounting effort Wednesday to try to get ahead of Amazon. It will offer discounts throughout July on a host of products online. It is also offering a free 30-day trial on its two-day unlimited shipping service, and an extra month free for...
Ahead of Amazon Prime Day, Wal-Mart Tries To Move In
In a blog post early Wednesday announcing Wal-Mart's plan, Fernando Madeira, president and chief executive officer of Wal-Mart.com's US division wrote, "Once you start using it, it's hard not to notice the everyday low prices on the stuff you need and want."
By Anne D'Innocenzio.
Adidas Agrees Long-Term Partnership With Kanye West
The singer calls himself the first "hip hop designer" and says he hopes to surpass the world's biggest retailer Wal-Mart.
"This partnership illustrates that anyone with a dream can dream without limitations," West said on Wednesday.
On Tuesday Nike gave a lower than expected forecast...
JD.com Loses Lustre as Hedge Funds Backpedal Amid Slowing Growth The stock rallied more than 4 percent on June 20 when the company said will take ownership of Wal-Mart Stores Inc.'s Yihaodian online marketplace, which markets groceries to higher-income female shoppers in Shanghai, Beijing and Guangzhou.
Alistair Way, an...
The China Edit | Asian Brands Go West, Brexit Worries, Hong Kong Sales"
"Wal-Mart Stores Inc. will acquire a 5 percent stake in Asian e-commerce giant JD.com Inc. as part of a deal that will reshape the US retail chain's operations in China."
"Jack Ma said Alibaba has 'zero tolerance' for counterfeits, repeating a message that has so...
Fashionable Husbands – What To Wear This Winter A nice change from the ugly pair he got at Wal Mart 10 years ago....
COATS & JACKETS
Finding a coat that my husband wants to wear is almost as hard as getting a teenager to wear a coat... He wears a chunky knit sweater in the middle of January because he hasn't found the...
The 10 Most Hated Companies Wal-mart
7. JPMorgan Chase
#Fab4Holiday Day 16: Win 1 of 4 Sets of @NenesSecret's ENTIRE Hair Linecom and will be available at select Wal-Mart, Walgreen's, and Sally Beauty Supply stores starting February 2014.
All you have to do to enter is fill out the widget below and then leave me a comment telling me which Nene's Secret product you'd try first if you won. Hurry—contest ends December...
Ash Trainers for the Black Friday There is so much going on here it probably should not work, and yet, the Manolo thinks that it does work, and thinking about why it works, takes the Manolo's mind off of the Black Friday barbarity that is taking place at Wal-Mart this very instant.