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

Retailers Rediscover ‘Just-in-Time’ Inventory After Years of Pileups
Retailers Rediscover ‘Just-in-Time’ Inventory After Years of Pileups
January 24, 2024  |  Retail

Retailers are reportedly embracing “just-in-time” inventory management once more after years of excess stock. As The Wall Street Journal (WSJ) reported Wednesday (Jan. 24), merchants...

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Walmart Shuts Down Innovation Lab as Retailers See Tech Bets Eat Into Margins
Walmart Shuts Down Innovation Lab as Retailers See Tech Bets Eat Into Margins
January 23, 2024  |  Walmart

With the race for retailers’ digital presences growing more competitive each year, demanding more resources, Walmart is reportedly axing its Store No. 8 innovation hub...

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How Retailers Are Folding GenAI Into Their 2024 Playbook 
How Retailers Are Folding GenAI Into Their 2024 Playbook 
January 22, 2024  |  Retail

In the world of retail, generative artificial intelligence (AI) has taken up the conversation.  Although the idea is not new, its importance has escalated, especially...

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Walmart and Amazon Get Back to Basics to Elevate Signature Shopping Experiences
Walmart and Amazon Get Back to Basics to Elevate Signature Shopping Experiences
January 19, 2024  |  Retail

In a world where Amazon and Walmart are always finding ways to go neck in neck, both retail giants are focusing on enhancing their established...

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50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
January 18, 2024  |  Payment Methods

The use of split-pay plans is already widespread, and the last holiday shopping season was no exception, with consumers relying on different installment plans. The...

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Shein Remains at Top of Provider Ranking of Shopping Apps for Sixth Consecutive Month
Shein Remains at Top of Provider Ranking of Shopping Apps for Sixth Consecutive Month
January 17, 2024  |  Shopping

Valentine’s Day is less than a month away, and if you’re on the lookout for something special for your sweetie, PYMNTS is here to help....

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Kroger-Albertson Merger Delays Let Smaller Grocers Live Another Day
Kroger-Albertson Merger Delays Let Smaller Grocers Live Another Day
January 16, 2024  |  Retail

With the looming merger between Kroger and Albertsons set to make it all the harder for smaller grocery chains to stand a fighting chance, delays...

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Like Physical Stores, Retailers Are Pinning Hopes on Retail Media  
Like Physical Stores, Retailers Are Pinning Hopes on Retail Media  
January 16, 2024  |  Retail

Just like the resurgence of physical retail — retail media ads are now novel once again, especially in-store.   Or maybe they’re keeping their novelty as they’ve...

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NRF Preview: Retailers Hope Last Year’s Pivots Turn Into 2024 Sales
NRF Preview: Retailers Hope Last Year’s Pivots Turn Into 2024 Sales
January 15, 2024  |  Retail

Last year, the National Retail Federation’s annual show put the spotlight on the return of physical retail and AI. This year, it’s all about checking...

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