May 21st, 2015
The Bentonville-Bella Vista Chamber of Commerce recently hosted Steve Bratspies, EVP of food for Walmart U.S.. The City Wire reported on his presentation, which focused on the area of fresh groceries. Bratspies recognizes the sea-changes that have taken place within the grocery category over the years. These changes include: A trend toward eating fresh foods. The demand for foods that meet the needs of special diets, such as gluten-free or sugar-free. A greater push for organics and locally grown produce. Walmart is … Read More
May 21st, 2015
Is Sam’s Club Losing Ground to Costco? Sam’s Club is having a difficult time. Bloomberg reports that not only are Q1 sales the “worst” in the past several years, Sam’s Club continues to lose its fight with Costco for the title of top membership warehouse. Sam’s Club same-store earnings grew by 0.4 percent (excluding fuel) while Costco’s sales increased by 8 percent. The reason for the decline? The article points to two possible culprits: Costco’s private label Kirkland Signature brand is popular with … Read More
May 20th, 2015
Despite its best efforts, Walmart.com still has a long way to go before it catches up with Amazon’s online sales numbers. Walmart has taken numerous steps to compete with the e-commerce retailer, including: Authorizing its associates and store managers to match Amazon’s prices during the holiday season. Testing a flat-rate postage program that competes with Amazon Prime. Opening new distribution centers that focus on online sales. Offering online and offline payment options. Developing apps that boost mobile traffic. All this is … Read More
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