Tagged: amazon

With Whole Foods, Amazon on Collision Course with Wal-Mart

by Nandita Bose and Jeffrey Dastin, Reuters 6/19/2017 7:20 am

With its $14 billion purchase of grocery chain Whole Foods Market Inc., Amazon announced its intention to take on Wal-Mart in the brick-and-mortar world.

Stocks Dip as Amazon-Whole Foods Deal Hammers Grocery Stores

by Associated Press 6/16/2017 11:22 am

U.S. stocks are lower Friday as Amazon's $13.4 billion deal for Whole Foods Market is sending grocery stores, big retailers, and food makers and distributors sharply lower.

NPD: Fueled by Back-to-School Sales, Wal-Mart Might Beat Amazon in Online Growth

by Gayathree Ganesan, Reuters 6/16/2017 11:01 am

Wal-Mart Stores Inc.'s online sales is likely to grow double than Amazon.com Inc. during the back-to-school season, helped by the Jet.com acquisition and competitive price offerings, industry research body NPD said.

Amazon is Buying Whole Foods in a $13.7B Deal

by Associated Press 6/16/2017 8:32 am

Amazon is buying Whole Foods in a deal valued at about $13.7 billion, a stunning move into brick-and-mortar retail that sets the stage for more radical store experimentation and intensified competition with grocery rivals.

Wal-Mart Adds to Portfolio, Buys Bonobos for $310M

by Lance Turner 6/16/2017 8:24 am

Wal-Mart Stores Inc. of Bentonville announces that it will buy online apparel retailer Bonobos Inc. for $310 million in cash.

Amazon Offers Prime Discount to Those on Government Benefits

by Associated Press 6/6/2017 9:29 am

Amazon is making a play for low-income shoppers. The online leader is offering a discount on its pay-by-month Prime membership for people who receive government assistance.

Doug McMillon at Annual Meeting: 'We're Building A New Wal-Mart'

by Marty Cook 6/2/2017 4:01 pm

Wal-Mart Stores Inc. of Bentonville is recreating itself to better serve customers in today's changing world of retail. "We will compete with technology, but we will win with people," CEO Doug McMillon said.

Wal-Mart Tests Store Employee Delivery of Online Orders

by Associated Press 6/1/2017 12:58 pm

In its latest effort to compete with online giant Amazon, Walmart is testing a delivery service using its own store employees, who will deliver packages ordered online while driving home from their regular work shifts.

Wal-Mart Works to Close Gap Between Itself and Amazon

by Anne D'Innocenzio, The Associated Press 5/30/2017 11:21 am

Even after an online spending spree, it may be hard for Wal-Mart to escape the Amazon in the room. Amazon keeps innovating too, implementing new technology and trying to make shopping more convenient.

Target Locked in Game of Shipping Tag with Wal-Mart, Amazon

by Anne D'Innocenzio, The Associated Press 5/17/2017 3:54 pm

Target, Wal-Mart and Amazon are engaged in a game of shipping tag, each trying to adjust their free threshold and other shipping strategies to a level that can lure shoppers away from one of the other.

A Look Inside a $12.4 Million Slap at Wal-Mart

by Mark Friedman 5/15/2017 12:00 am

Last month a federal jury in Fayetteville ordered Wal-Mart to pay $12.4 million for damages that included willful and malicious misappropriation of Cuker’s confidential information and trade secrets.

Customer Demand Drives Final Mile Industry

by Marty Cook 5/15/2017 12:00 am

The “final mile” of shipping items purchased online — experts call it a $13 billion market — is tantalizing for shippers even as it is putting pressure on retailers’ margins.

How Amazon Trounces Rivals in Battle of Shopping 'Bots'

by Jeffrey Dastin, Reuters 5/10/2017 9:31 am

How Amazon's technological prowess is helping it dominate the retail competition.

Wal-Mart Files Patent for Amazon Dash Rival

by Nandita Bose and Gayathree Ganesan, Reuters 5/5/2017 10:04 am

"Wal-Mart aims to integrate [Internet of Things] into the products themselves for automatic re-ordering with no user input at all."

Arkansas to Cut $43M from Upcoming Year's Budget

by Andrew DeMillo, The Associated Press 5/3/2017 6:59 am

Arkansas is cutting its budget for the coming fiscal year by $43 million, state officials announced Tuesday, days after the governor ordered reductions in this year's funding for state agencies.

Wal-Mart Seeks Online Fashion Presence Through Acquisitions

by Nandita Bose and Gayathree Ganesan, Reuters 4/18/2017 6:50 am

Wal-Mart's bid for Bonobos is the latest step in the company's attempt to recover lost ground against Amazon and others in the growing online fashion world, analysts say.

Recode: Wal-Mart in Advanced Talks to Buy Bonobos

by Reuters 4/17/2017 11:08 am

Wal-Mart Stores Inc. is in advanced discussions to buy online men’s fashion retailer Bonobos Inc., Recode reported on Friday, citing sources.

Too Much Too Much (Gwen Moritz Editor's Note)

by Gwen Moritz 4/17/2017 12:00 am

Online competition isn’t the only change in the retail landscape. Many stores are closing because the malls that surround them just aren’t attracting the kind of traffic they used to.

Wal-Mart to Discount Online-Only Items Delivered to Stores

by Anne D'Innocenzio, The Associated Press 4/12/2017 6:54 am

Starting next week, Wal-Mart will offer discounts on thousands of online-only items when customers elect to have them shipped to one of the company's stores for pickup.

Arkansas House Rejects Attempt to Impose Online Sales Taxes

by Kelly P. Kissel and Tafi Mukunyadzi, The Associated Press 4/3/2017 4:41 pm

Arkansas legislators wrapped up the bulk of their work for the 2017 regular session Monday, approving a $5.5 billion budget and establishing a rainy day fund for future fiscal emergencies.

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