Walmart

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Walmart’s store experience efforts ding profits

Lower gas prices led to improved traffic and a 1.1% same store sales increase at Walmart’s U.S. stores division, but total company performance suffered under the weight of a $3.3 billion foreign exchange impact and expense pressures which caused profits to decline 7%. 

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13 is lucky number for U.S. retailers in Canada

On the heels of Walmart's decision to acquire 13 Target locations in Canada comes an announcement from Lowe's, which has also decided to acquire 13 Target Canada leases as well as distribution center in MIlton.

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Walmart teams with Alibaba on mobile payment

Walmart is partnering with Chinese e-commerce powerhouse Alibaba to allow customers to make purchases using mobile devices in 25 of its stores in southern China.

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Supply chain exec offers digital insights

Shedding light on how Walmart plans to achieve digital and physical balance in its supply chain this week was Tracy Rosser, the retailer’s senior vice president of transportation and supply chain.