Providing Daily Walmart News to the Supplier Community
Ars Technica recently ran a post by Sean Gallagher on the potential for hackers to exploit Walmart’s new payment option. Walmart notes that it already expects 20% of individuals placing an order to never show up to make payment. (Perhaps this is a “wait and see” matter. Should be interesting! –L.P.)
HumanKind Water is Grand Winner; PlateTopper and SnapIt Eyeglass Repair Kit Also Win SAN BRUNO, Calif. – May 3, 2012 – Walmart (NYSE: WMT) today announced the final winners of its popular Get on the Shelf contest, HumanKind Water, PlateTopper and SnapIt Eyeglass Repair Kit. More than 4,000 inventors, entrepreneurs and small businesses from across [...]
Only 1 in 5 steaks qualify for Walmart’s USDA Choice Premium Beef label BENTONVILLE, Ark., May 3, 2012 – Got a taste for grilling? Almost eighty-six percent of households own an outdoor barbecue, grill or smoker. This year, meats, especially steak (83 percent), top the list of the most popular foods prepared using a grill.* [...]
M. Joy Hays, a contributor to The Motley Fool, argues that Walmart’s Mexican bribery scandal will cost consumers as well as Walmart. When major businesses indulge ethical lapses, she argues, their overall accountability suffers, which can affect customers down the line.
Mobile Commerce Nearly Doubles to 13.3 Percent of Online Retail Sales Rising Consumer Sentiment Driven By Improving Online Experience ARMONK, N.Y., May 2, 2012 /PRNewswire/ — The U.S. retail industry saw continued growth in online and mobile buying trends in the first-quarter, driven by today’s rising digital consumer marketplace. According to the IBM (NYSE: IBM) [...]
Wireless Carriers Expand Distribution to Give Customers More Options for Wireless Service CHICAGO and LITTLE ROCK, Ark., April 30, 2012 (GLOBE NEWSWIRE) — U.S. Cellular (NYSE:USM) and Alltel Wireless have joined together to begin offering U Prepaid, a no contract wireless service, in select Walmart Stores, Inc. (NYSE:WMT) in local communities across 18 states beginning [...]
Misapplied exemption resulted in pay violations; nearly $464,000 assessed in penalties WASHINGTON, May 1, 2012 /PRNewswire-USNewswire/ — Wal-Mart Stores Inc., headquartered in Bentonville, Ark., has agreed to pay $4,828,442 in back wages and damages to more than 4,500 employees nationwide following an investigation by the U.S. Department of Labor’s Wage and Hour Division that found [...]
Practical Ecommerce reports on Bizrate Insights survey on customer interaction with Pinterest and similar social media networks: 32% of survey respondents reported purchasing a product after seeing it on Pinterest or other photo-based social sites.
While some commentators are suspicious of Walmart’s new “Buy Online, Pay In Cash” program, Forbes‘ writer Laura Heller notes that it makes a lot of sense for the so-called “unbanked“: People who don’t have a regular checking or savings account, but instead rely on check cashing services, payday lenders or pawn shops for cash or [...]
In the wake of the massive Kickstarter for the Pebble watch (over $7,000,000 in pledges with 19 days left in the campaign), inventors and entrepreneurs are looking toward unconventional funding methods to get businesses started and their products to market. The New York Times examined the phenomenon in a recent article.
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