Category Archives: Business/Economy

Walmart Cutting E-Commerce Jobs in California — MarketWatch.com

Walmart has announced 200 staff cuts at its California e-commerce office: “Marc Lore, the company’s new e-commerce chief, said the retail giant is “focused on adding the right talent to our team and making sure we’re investing in ways that directly improve our customer experience,” according to a memo to staff that was reviewed by the The Wall Street Journal.“ Supplier Takeaway Marc Lore, Walmart’s new head of e-commerce, is making his presence known within his division. Keep an eye...

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Bottled Water Market Expected to Grow — FoodBev.com

The market for bottled water continues to grow in the United States: “The sector was worth close to $170 billion in 2015, the company said, and is expected to grow at a compound annual rate of 9.5% up to 2022. The still bottle water segment dominates this market, occupying more than 35% of total share, driven largely be convenience as a motivating factor. In 2015, the still water segment occupied more than two-thirds of the overall bottled water market volume, and is...

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Walmart Makes Use of Big Data — Forbes.com

Walmart is making use of big data to address issues that directly affect product sales: “For example, Naveen told me about a grocery team who could not understand why sales had suddenly declined in a particular product category. The team came to the café to find out why, and by drilling into the data were quickly able to see that pricing miscalculations had been made, leading to the products being listed at a higher price than they should have been,...

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New Walmart Training to Include Produce — The Packer

Walmart’s training academies are offering specialized instruction in the management of produce departments: “Produce department managers, for example, will spend one week on overall retail basics and another week on produce-specific training. Produce topics covered will include pricing, cleaning, culling product for quality, and inventory, Wal-Mart spokeswoman Erica Jones said in an e-mail.“ Supplier Takeaway This kind of specialized training not only benefits associates and Walmart itself, it also benefits suppliers. When Walmart supervisors and managers learn how to care for...

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Target Appoints New CMO — Associated Press

  Target has named Rick Gomez its new chief marketing officer: “Gomez, who joined Target in 2013 as senior vice president of marketing, succeeds Jeff Jones effective Jan. 29. Jones left last August to take a job at ride-hailing company Uber.“ Resources for Walmart Suppliers Hear the One About MABD? It’s All in the Delivery! Courses for Walmart Suppliers NEW PODCAST: The 8th & Walton Conference Call – Episode 1

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Amazon Introduces “Virtual” Dash Buttons — Recode.com

The latest update on Amazon’s Dash buttons: You no longer have to buy one. Instead, you can tap a virtual button on Amazon.com to automatically order household staples: “The new virtual Dash buttons started appearing on the Amazon.com homepage and the Amazon app home screen on Thursday night. The company is automatically creating ones for items you recently ordered or order often. An order is placed with one click or tap on the digital button.“ Supplier Takeaway It’s hard to...

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U.S.D.A. Proposes Organic Plan — The Packer

The U.S.D.A. has proposed a new organics initiative: “The formal name is the Organic Research, Promotion, and Information Order. It would promote all organic products, from clothing to processed and fresh foods, and is expected to generate about $30 million a year.“ Supplier Takeaway Organics are big business and continue to be. It’s also clear that both public and private interests have a state in the organic food market. If you are a food provider, do you plan to source...

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Brands Question Unproven Marketing Platforms — Ad Age

Many brands are skeptical of advertising on social media platforms that don’t have a good track record of delivering customers and sales: “Two-thirds of those surveyed said they are questioning their investment with Facebook, with 40% of those saying they plan to execute independent audits of the social media platform’s audience and ad delivery, according to the report. Even if they don’t all follow through, the finding seems to suggest that Facebook can’t take its momentum for granted.“ Supplier Takeaway...

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Are Nutritional Claim Labels Key to Selling Bakery Goods? — Supermarket News

Ongoing interest in “clean” eating has led some bread suppliers to start making health claims on product labels: “On the other hand, Nielsen research conducted on behalf of IDDBA in 2016 found consumers — particularly those from high-income households that are core bakery shoppers — are seeking health claims on products. The IDDBA report suggests that the bakery has been hit hard by recent food fads focused on cutting carbs, and that in-store bakeries have not been emphasizing the health...

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Arkansas Legislators Propose SNAP Changes — NWAHomepage.com

Arkansas legislators have proposed a bill that would limit the amount of “unhealthy” food that SNAP (food stamp program) participants could purchase with their benefits: “District 97 State Rep. Bob Ballinger  said, ‘The whole point of the program was to provide nutrition not things that are counter productive. So things like soda pop and candy and those things are actually counter productive to nutrition. They’re not nutritional at all.’” Supplier Takeaway Legislators and activists are currently debating changes in SNAP...

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