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ECRM names 9 Merchant Team of the Year winners
SOLON, Ohio — ECRM has recognized nine retailers for their work in sourcing, merchandising and supplier collaboration as part of its second annual Merchant Team of the Year awards effort. The winners span 10 categories across the food, drug, mass and value channels.
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Walmart expects ‘connected customer’ to lead 40% e-commerce growth by 2019
BENTONVILLE, Ark. — Walmart is counting on the “connected customer” and strong e-commerce growth as its two competitive weapons in the ongoing digital retailing war.
Walmart has augmented its fiscal year 2019 guidance with an expectation that e-commerce sales growth in the United States will increase by a staggering 40% by 2019. Walmart also predicted that consolidated net sales will grow at or above 3%, driven by comp-sales and e-commerce growth.