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Wal-Mart

Gen Z in focus as Walmart relaunches private-label fashion line

by David Johnson
Gen Z in focus as Walmart relaunches private-label fashion line

By Reuters Published Jun 13, 2024 Walmart will relaunch a private-label brand targeted at Gen Z customers, it announced on Thursday, to take on rivals and cross-sell products to customers. …

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Jake Paul launches men’s personal care brand at Walmart

by Lionel Rogers
Jake Paul launches men’s personal care brand at Walmart

Professional boxer Jake Paul announced on Wednesday the launch of a men’s personal care brand, available exclusively at Walmart and Walmart.com. Jake Paul launches men’s personal care brand at Walmart. …

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Google to invest $350 million in India’s Flipkart, valuing co at $37 billion, source says

by Lionel Rogers
Google to invest 0 million in India’s Flipkart, valuing co at  billion, source says

By Reuters Published May 25, 2024 Alphabet’s Google will pick up a minority stake worth $350 million in Walmart-backed Flipkart, valuing the Indian e-commerce firm at $37 billion, a source …

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Target lowering prices on 5,000 items in bid to lure more shoppers

by David Johnson
Target lowering prices on 5,000 items in bid to lure more shoppers

By Reuters Published May 21, 2024 Target will be lowering prices on at least 5,000 frequently shopped products across its assortment ranging from milk to diapers, the big-box retailer said …

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Rebel Gildan executives push for board change, return of ex-CEO Chamandy

by Lionel Rogers
Rebel Gildan executives push for board change, return of ex-CEO Chamandy

By Bloomberg Published May 19, 2024 Some executives of clothing maker Gildan Activewear Inc. are urging investors to support an activist shareholder that’s trying to win control of the board …

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Walmart’s strong forecast signals a resilient consumer

by Lionel Rogers
Walmart’s strong forecast signals a resilient consumer

By Reuters Published May 16, 2024 A positive forecast from retail bellwether Walmart on Thursday signaled a resilient U.S. shopper, in line with earlier remarks by one of its key …

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Walmart to cut jobs at headquarters, relocate others

by Lionel Rogers
Walmart to cut jobs at headquarters, relocate others

By Reuters Published May 15, 2024 Walmart Inc announced on Tuesday that it plans to cut hundreds of jobs at its corporate headquarters and relocate a majority of its U.S. …

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US online retail spending up 7% Jan-April, driven by demand for cheaper products, report says

by Lionel Rogers
US online retail spending up 7% Jan-April, driven by demand for cheaper products, report says

By Reuters Published May 9, 2024 ​Online retail sales in the U.S. rose about 7% from January to April this year, an Adobe Analytics report showed on Thursday, driven by …

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Target is taking its popular in-house apparel brand abroad

by David Johnson
Target is taking its popular in-house apparel brand abroad

By Bloomberg Published May 6, 2024 Target Corp. doesn’t just want to sell its private-label brands to its shoppers. The company is going after customers at other stores, too.  Bloomberg …

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Etsy misses first-quarter sales, profit estimates on lower discretionary demand

by Lionel Rogers
Etsy misses first-quarter sales, profit estimates on lower discretionary demand

By Reuters Published May 2, 2024 Etsy missed Wall Street expectations for first-quarter gross merchandise sales (GMS) and profit on Wednesday, hurt by lower demand for its handcrafted goods and …

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