Hints and tips:
Related Special Reports
...But it has made first-party data, such as that collected by Walmart on the 255mn customers that visit its stores and websites each week, more valuable....
...I’m midway through investigative journalist Eyal Press’s excellent book Dirty Work, which examines the often appalling conditions faced by people doing society’s toughest, most thankless tasks, such as slaughterhouse...
...Apart from being many times more profitable than Walmart, app stores have another advantage....
...More middle and higher income shoppers are doing their grocery runs at its stores. At the same time, lower income consumers snap up more of its private-label food offerings....
...The deal shows a change in direction at the business....
...Outside its home market, Walmart pointed to a 28 per cent sales increase from its stores in China as the country eased Covid-related restrictions....
...Among the aggressive online markdowns offered on Monday, Amazon was discounting private-label apparel as much as 60 per cent, while Walmart slashed up to 60 per cent from prices of tech accessories such...
.... ©2023 Nikkei Inc. All rights reserved....
...What is sensible at a discount to business-value becomes stupid if done at a premium.”...
...Doing a buyback is a good idea only if the company doesn’t have a higher-returning way to invest the cash....
...Later Oracle and Walmart reached an agreement to buy its US operations but the deal was shelved after the Biden administration decided to review the transaction....
...Before Tulsa passed its ordinance, Hall-Harper says she asked both Dollar General and Walmart to ensure that future stores in north Tulsa would be of a model that included fresh produce — but her requests...
...In the more developed US market, Walmart has mentioned an aspiration of roughly 6 per cent of sales, compared to less than 1 per cent last year....
...Walmart, whose supercentres can be 10 times as large, has just over 5,700 stores in the two countries....
...Is PDD as big as Amazon, or is it as big as Amazon plus Walmart?...
...As a discounter, Walmart is doing better than retail broadly, but a consumer slowdown is nonetheless inscribed in its results....
...Anecdotally, I can report that my Brooklyn florist was doing standing-room-only business on Mother’s Day. Send your own observations to: robert.armstrong@ft.com and ethan.wu@ft.com....
...I mean, Walmart can sort of meet customers online as well, or people are more likely to go drive long distances to go to a Walmart....
...the business case for doing something about it....
...But a business as large as Walmart will always struggle to escape responsibility for societal issues in the communities in which it operates, especially when driven by cost saving to maximise shareholder...
...Walmart aims to build more than 75 medical centres in the US by the end of 2024. Dollar General is testing mobile health clinics outside some of its stores....
...Walmart is installing digital labels in 500 of its stores and France’s Carrefour has been using them for years. But greater reliance on algorithms to price products could have downsides....
...Much of what Strivr does is create digital content that displaces the need for, say, Walmart to travel the country teaching classes at its 5,000 stores....
...She describes the business as a “tech company first. Half of our team is technical, which is an unusual balance for a beauty slash retail offering....
...However, Walmart chief executive Doug McMillon added that the company was gaining market share as higher-income shoppers turned to its stores and ecommerce services to save money....
International Edition