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  • Walmart Foundation pledges $500K in Louisiana flood relief efforts

    BENTONVILLE, Ark. – Walmart and the Walmart Foundation on Monday made a commitment to provide support through cash and in-kind donations of $500,000 to organizations helping with relief efforts for those affected by the floods in Louisiana. Working closely with the Salvation Army, American Red Cross and the Greater Baton Rouge Food Bank, coordination efforts are being made with elected officials and governmental entities across the region to meet the needs of those affected by the overwhelming flooding in the Louisiana region this week.

  • Video: Wal-Mart CEO, Jet.com CEO on ‘Squawk Box’

  • Report: Who are 'Walmart moms' voting for?

  • Walmart buying Jet.com for $3 billion

    Walmart Stores announced it will acquire retail start-up — and would-be Amazon rival — Jet.com for approximately $3 billion in cash. Additionally, $300 million of Walmart shares will be paid over time as part of the transaction.
     
    The deal will go a long way to helping Walmart expand its e-commerce growth and customer reach, and also give it more firing power as it competes with Amazon.  And Jet.com’s popularity with millennials will help the discounter attract a younger, higher-income customer. 

  • Report: Wal-Mart explores Jet.com acquisition

  • Academy Sports + Outdoors signs Walmart U.S. EVP as chief merchandising officer

    KATY, Texas — Academy Sports + Outdoors, a premier sports, outdoor and lifestyle retailer, on Wednesday named Michelle Gloeckler EVP, chief merchandising officer and president of Academy International Limited, its global sourcing entity, effective Aug. 29, 2016.

  • Mass market still most shopped channel

    More vitamins, minerals and supplements were sold online so far in 2016 than have been sold through a Walmart store, TABS Analytics reported earlier this year. According to the TABS Analytics analysis, $2 billion in VMS products were sold online vs. $1.7 billion at Walmart, $1.3 billion at Costco and $1.2 billion at CVS Pharmacy.

  • Big OTC brands fuel sales growth

    Sales of OTC medicines continue on a steady pace with dollar volumes up half a billion dollars over the first half of 2016, according to data culled from IRI. Drug Store News earlier this year reported $44 billion in OTC sales for calendar 2015, citing IRI figures.

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