Tag:  Wal-Mart

Cyber Monday Reached New Heights with $7.9 Billion Sales Cyber Monday Reached New Heights with $7.9 Billion Sales

Cyber Monday was the single largest shopping day in U.S. history,” said John Copeland, head of Marketing and Customer Insights at Adobe. For comparison’s sake, Black Friday recorded 6.22 billion dollars in sales, while the Thanks Giving Day recorded sales...

  • American Icon Sears Files for BankruptcyAmerican Icon Sears Files for BankruptcySears, the iconic American department store, filed for Chapter 11 bankruptcy this morning. The New York Times reported that court papers show that Sears has amassed liabilities of $11.3 billion compared with $7 billion in assets.. The retailer, which employees...
  • The Strength of Beauty: Why Cosmetics is Withstanding AmazonThe Strength of Beauty: Why Cosmetics is Withstanding AmazonJeff Bezos just became the richest man in modern history with a net worth of over 150 BILLION dollars. This news,  announced yesterday, only further illustrates the fact that the Seattle-based Amazon has become a force to be reckoned with. While...
  • Wal-Mart Goes High TechWal-Mart Goes High TechAt the end of the world there will nothing but cockroaches, polyester and Wal-Mart. Or so we believed. Wal-Mart has been untouchable for decades. But with Amazon’s foray into pretty much everything, box stores have found themselves questioning their immortality....
  • When finding Wholesalers, Look for Direct LiquidationWhen Finding Wholesalers, Look to Direct LiquidationAll across the world, hundreds of thousands of individuals are the proud owners or, aspiring owners, their own businesses. This is especially prevalent in North American some the motion of, “Pulling yourself up by your bootstraps,” has been engrained in...
  • Via Trading: Leading Liquidators of Closeouts, Customer Returns & Overstock MerchandiseVia Trading is a Wholesale Merchandise Liquidator. Buy wholesale overstocks and customer returns in Cases, Pallets or Truckloads. Wholesale in Los Angeles.
  • Despite Amazon’s Meteoric Rise, Alibaba and JD Won’t Be PushoversDespite Amazon’s Meteoric Rise, Alibaba and JD Won’t Be PushoversAmazon has seen its value increase significantly in recent years. Whether you just read another article detailing their next move or acquisition, or just had something from the marketplace delivered to your doorstep, Amazon is engraining itself in our daily...
  • New Tax Bill Leaves Retailers Feeling OptimisticNew Tax Bill Leaves Retailers Feeling OptimisticThanks in part of our 24-hour news cycle, we have heard time and time again that the new tax bill would be the answer. The answer to the question of how to ensure American businesses become more competitive that is....
  • Wal-Mart Purchases Boston’s Shoebuy for $70 million To Strengthen Jet.comWal-Mart Stores Inc. has purchased one of the largest online shoe stores to add to their recent acquirement of Jet.com. In 2000, according to Top500Guide.com, ShoeBuy launched and has had great success selling now on many online shopping locations such...
  • Target Opening Smaller Stores Targeted At MillennialsAmidst the ongoing battle of declining traffic and sales, Target is slated to open several small stores in predominantly urban centres where millennials live. From New York City to Pennsylvania and California, these smaller, focussed stores, will target (excuse the...
  • Wal-Mart Invests In Textile Manufacturing In The United StatesAs of June 21, 2016, nearly seven million dollars has been invested into small motors, textiles, and plastic moulding by The Wal-Mart United States Manufacturing Innovation Fund, according to Vice President Cindi Marsiglio of US MANUFACTURING Wal-Mart has stated. Cindi...
  • DirectLiquidation.com | 70% Off Retail on Name Brands | Cases, Pallets, TruckloadsWholesale auction marketplace for surplus inventory, customer returns, overstock and refurbished merchandise. We are the exclusive liquidator for several top US retailers stocking millions in inventory you can't find anywhere else. Free to register.
  • German Wholesaler METRO Eyes Expansion in India, Plans 50 More Stores by 2020German Wholesaler METRO Goes Toe-to-Toe with Wal-Mart in India, Plans 50 More Stores by 2020METRO Cash & Carry, a chain of self-service wholesale stores based in Germany, plans to expand in India with 50 more stores by the end of 2020, the German company said Monday. India, where retail is closed to foreign direct...
  • E-Retailer Sales Went All-Time High This ThanksgivingAccording to ComScore Inc., e-retailers recorded an all-time high on web sales, beating the average Thanksgiving weekend to Cyber Monday by as much as 22%, which is above the industry average. On the other hand, brick-and-mortar stores did not feel...
  • Walmart Pledges to Buy More American-Made MerchandiseWalmart has pledged to increase domestic sourcing by up to $50 billion over the next ten years. The plan comes alongside a commitment by the largest U.S. retailer to further more career opportunities to its employee, as well as war...
  • Walmart to Start Monitoring Third-Party WarehousesImage source: The Guardian Walmart has announced plans to start overseeing local warehouses that sort and move imported goods headed to Walmart outlets, Wall Street Journal reports. The announcement came following legal issues and worker strikes amid complaints that subcontractors...
  • Hurrican Sandy Affects RetailersRetailers Brace for Decline in November Sales as Hurricane Sandy RecedesAt a Wal-Mart store in Riverhead, New York. October 28, 2012 (Reuters)   Retailers are not likely to emerge unscathed from the ill effects of Hurricane Sandy, which barreled across the East Coast right before the most important shopping months...
  • eFashionWholesale.com Name Brands + Luxury Brands Apparel | Handbags | Shoes Accessories | Cosmetics
  • Pork Scandal in China Closes Some Wal-Mart StoresWal-Mart in China is accused of selling ordinary pork as organic pork in the southwestern city of Chongqing. As a result, some Wal-Mart stores will close temporarily. "We have agreed to temporarily close some stores in Chongqing for 15 days. We believe this will allow us to complete comprehensive actions to upgrade the standards in these Chongqing stores," said a Wal-Mart spokesperson in a statement.
  • Activity in Wholesale Surprises SomeWholesale has had its share of ups and downs, but the real news is in the fact that while other industries have experienced flagging sales, or periods of disappointments in their profitability forecasts, wholesale has been blazing a trail to success, as thousands of new suppliers and eager sellers enter the arena to create a new and more dynamic business environment than ever before.
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Facial Recognition in Stores Threatens Privacy Facial Recognition in Stores Threatens Privacy

Privacy is a sensitive topic. Increasingly, consumers have been ditching it for the sake of convenience. We now live in the time of auto-pay, and Alexa knows the ins and outs of our daily lives. Not so long ago, we...