Last week, Macy’s and JCPenney kicked off the retail earnings season by posting better-than-expected earnings. But the news may not continue to be so good.
Continue reading Week in Preview: Abercrombie, Lowe’s …
In a move targeted at online retail giant Amazon.com, Walmart.com on Thursday announced it’s offering free shipping on nearly 60,000 gift items — including popular toys and electronics — through Dec. 20. Could the move start …
Walmart has renewed its efforts to purchase Russian supermarket chain Kopeika, following reports that competing Russian grocer X5’s interest in acquiring it has waned, according to Reuters.
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The mammoth retailer plans to increase the number of its smaller-format stores and trim down the SuperCenters in new markets. The goal: To boost sales, especially among the lower-income households it considers its base.
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Walmart sales beat every other company’s by a mile, but did you know that if Walmart were an army it would be bigger than Russia’s and North Korea’s combined? How do its revenues as national GDP stack up? How many miles will it…