Big-box retailer Walmart posted its first-quarter sales, which saw the retail giant reporting $138.3 billion in total revenue, an increase of $3.7 billion, or 2.7 percent, from the same quarter last year. Walmart follows a nontraditional fiscal year, with the …
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Major Retail Chains Increase Starting Wages
Major retail chains are raising their starting wages for hourly workers in the U.S., CNN reports. Costco will raise its minimum wage this week to $16 for hourly workers. The company employs roughly 180,000 people in the U.S., and about …
Read More »Consumer Electronics Show Highlights New Retail Possibilities
At the 2021 Consumer Electronics Show® (CES), the ways technology will impact the future of retail were on full display. Featuring presentations from global retail brands, tech entrepreneurs and industry analysts, CES 2021 was a look into the future of …
Read More »Walmart U.S. CEO on Meeting New Shopper Needs
The National Retail Federation (NRF) recently hosted a webinar with Walmart U.S. president and CEO John Furner to learn how the company had pivoted during COVID-19 to ensure staff and shopper safety. In August, the company announced its second-quarter financial …
Read More »Walmart to Eliminate Hundreds of Corporate Jobs
Walmart is cutting hundreds of corporate positions as it merges its online and store businesses in the U.S., reports CNBC. The big-box retail chain has not disclosed how many corporate positions will be affected by the cuts, but the eliminated …
Read More »Home Improvement Big Boxes Requiring Customers to Wear Masks
Many major retailers, including big-box home improvement stores, are asking shoppers to wear masks in their stores to prevent the spread of COVID-19. Learn more about how Home Depot, Lowe’s and Walmart are approaching this new policy in their stores. …
Read More »Big Boxes Change Policies Amid COVID-19
The COVID-19 pandemic has brought changes to home improvement stores across North America, but big boxes are also finding it necessary to adopt new operations policies to protect employees and customers. Learn what Home Depot, Lowe’s, Menards and Walmart are …
Read More »COVID-19 Prompts Major Shift in Retail Operations
On March 11, the World Health Organization declared COVID-19 a pandemic, the first in more than a decade. As the number of confirmed cases surpassed 3,100 people in 49 states, governments, communities and businesses of all sizes have been forced …
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