Category Archives: Walmart/Sam’s Club

Interview with CEO of Renfro, a Walmart Supplier — Fibre2Fashion.com

A recent interview with Bud Kilby, CEO of Renfro Corporation: “Yes, we have sold Walmart since the 1970s and have grown with them. We provide Walmart a variety of products, both branded and private label, across all departments, all genders. We have participated in Walmart’s US Manufacturing Initiative since its inception several years ago. Renfro was one of the first companies to join this effort with Walmart.“ Supplier Takeaway Do you participate in the US manufacturing initiative? If not, what...

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Analysts Tap Walmart as “Best Positioned” to Compete with Amazon in Grocery — CNBC

Analysts believe that if Amazon’s grocery initiatives can be challenged, Walmart is the best company to do so: “Based on our analysis, we determined that Wal-Mart was the winner (low exposure to Amazon Fresh/Prime Now markets and low EPS impact from exposure to those exposed markets),” Citi said in the 43-page report. “Whole Foods Market came in last place overall in our analysis, largely due to their urban store exposure, which overlaps highly with Amazon Fresh and Prime Now, as...

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Walmart Details India Expansion Plans — The Times of India

Walmart has offered some details on its India expansion: “Sources told TOI that Walmart, which currently has 20 stores across the country, is planning as many stores in the two northern states, where BJP recently swept to power. In addition, the US retailer plans to open 10 stores each in Maharashtra (where it currently operates its ‘Best Price outlets in Amravati and Aurangabad), Andhra Pradesh and Telangana.“ Supplier Takeaway Are you interested in beginning or expanding your international business? Is...

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Modcloth Acquisition Reflects Walmart’s Changing Demographics — Yahoo! Finance

Walmart’s acquisition of several higher-end e-commerce brands indicates that the company is seeking to shift its core demographic: “In an economically-divided America, Walmart has begun working to sell to two separate groups: shoppers looking for extreme discounts and upper-income shoppers seeking higher-quality items. Walmart has been working to grow sales from more affluent customers for years, especially when it comes to e-commerce.“ Supplier Takeaway The “Walmart Demographic” may not be what it once was. How is this going to affect your...

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Can Walmart Compete With Amazon in Fashion? — BusinessofFashion.com

Is Jet.com’s recent acquisition of Modcloth a sign that Walmart wants to challenge Amazon in the area of apparel? “The current Walmart e-commerce chief executive spoke about his ambitions and Jet.com’s much-hyped rivalry with Amazon at technology news website Recode’s Code Commerce event on Monday. Lore, who assumed his role when the big box retailer acquired Jet.com in August 2016, is on an acquisition spree. Last week Jet.com bought ModCloth, an online women’s retailer known for vintage-inspired clothing, its diverse...

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Movie Lovers, Rejoice: Walmart’s Vudu Launches First Mobile Service that Transforms DVDs and Blu-rays into a Digital Collection — Walmart.com

SUNNYVALE, Calif. – March 23, 2017 – Vudu, Walmart’s subscription-free, premium video streaming service, announced today the launch of the first mobile offering to convert DVDs and Blu-rays into digital libraries, right from a customer’s phone. Available beginning today, March 23, at 12:00 p.m. EDT, Mobile Disc-to-Digital turns DVDs and Blu-rays into digital movies* with a simple scan through the Vudu app. These movies can then be viewed on hundreds of Vudu-enabled devices including televisions, Blu-ray disc players, gaming consoles,...

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Walmart to Invest in Chilean Operations — WHTC.com

Walmart plans to invest in its Chilean operations: “As part of the plan, the retail and supermarket chain will also remodel over 50 stores, add more than 5,000 jobs, and further develop a large distribution center near the capital city of Santiago.“ Supplier Takeaway Do you sell products in Chile? If you don’t, does the fact that Walmart is investing in the region cause you to consider the possibility of working in this market? Resources for Walmart Suppliers How Retailtainment...

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Walmart Establishes Tech Incubator — Fortune.com

Walmart is establishing an independent tech group to help it in its battle against Amazon: “To do that, the discount retailer announced on Monday it was launching Store No 8, an innovation cluster whose entrepreneurs will be free from the diktats of its Bentonville, Arkansas headquarters and Wall Street’s short attention span, to develop the retail tech Walmart needs in order to modernize over the next five to ten years. And, more crucially, the tech is aimed at helping it...

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Walmart Will Hold Annual Shareholders’ Meeting on June 2

Walmart has announced the date for its Annual Shareholder’s Meeting: “BENTONVILLE, Ark.–(BUSINESS WIRE)–Wal-Mart Stores, Inc. (NYSE: WMT) announced that the company’s 2017 Annual Shareholders’ Meeting will be held on Friday, June 2, 2017, at 8 a.m. CDT in the Bud Walton Arena at the University of Arkansas in Fayetteville, Ark. The meeting will be webcast on the company’s website at http://stock.walmart.com. The record date for shareholders entitled to vote at that meeting will be April 7, 2017.“ Supplier Takeaway Do...

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India May Ease Restrictions on Foreign Retailers — Bloomberg.com

India may be open to allowing foreign retailers to operate if they agree to stock a specific percentage of India-produced goods: “Global companies with a permit to sell local food items — Amazon.com Inc. has applied for a license — may also be allowed to market made-in-India non-food products such as toothpaste and towels worth about 25 percent of total sales, the official said, asking not to be identified citing rules on speaking with the media. India may also allow...

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