Wal-Mart

Behind the Customers-as-Delivery-Men Idea, Walmart's Fear of Amazon
March 29, 2013

Wal-Mart Stores is considering an unusual foray into the crowdsourcing/sharing economy: asking its customers to deliver purchases made by online buyers. As company executives told Reuters, they hope the plan, if implemented and if effective, would help Walmart compete with Amazon's quick delivery service.

The idea, which is still in the brainstorming stage, would involve shoppers dropping off packages for online customers who live on their route back home. The retailer would offer a discount on the customers' shopping bill, essentially covering the cost of their gas in return for the delivery

Walmart Expands Self-Checkout in Stores Via its iPhone App
February 20, 2013

Wal-Mart Stores Inc. has its sights set on the smartphone-wielding shopper, this week expanding use of the "Scan & Go" feature for its iPhone app to 40 stores in the Denver area. It has been testing the mobile commerce technology in stores in Northwest Arkansas, Atlanta, San Jose, CA, and Portland, OR, a Wal-Mart spokeswoman tells Internet Retailer. Scan & Go enables a shopper to scan the bar codes on products as she picks the products off shelves and puts them into her shopping cart. The app creates a list

As Lenovo Moves Market, Will Things Get Worse for Dell?
February 18, 2013

The moment of truth came in early 2007. After bleeding market share for two years, and losing more than a third of its shareholder value, Dell Inc. forced out CEO Kevin Rollins and brought back the man who, two decades earlier, had founded the company. Changes followed quickly. In May, Dell announced that it would begin selling PCs at Wal-Mart, and before long other retailers were carrying the brand. Over the next three years, plants were closed in Texas, North Carolina, and Ireland, and production was outsourced to Asia.

Walmart Will Help U.S. Onshoring of Appliance Production
January 18, 2013

Walmart committed to increase domestic U.S. sourcing of the products it sells, including taking steps to help onshore manufacturing of appliances.

Walmart U.S. President and CEO Bill Simon made the announcement while speaking at the National Retail Federation's annual BIG Show.

Walmart and Sam's Club will buy an additional $50 billion in U.S. products over the next 10 years. The retailer will help grow U.S. manufacturing on two fronts:
* By increasing what it already buys in the United States.
* By helping to onshore U.S. production in high potential product areas

Retailers Taking Tech Battle for Shoppers to Next Level
January 17, 2013

The store of the future has arrived and it is threatening to leave technology laggards behind.

The modern store is equipped with cameras that look at you, guess your tastes based on your gender, age and behavior, and send deals to your smart phone accordingly. It also has the technology to reduce endless check-out lines and speed up the process for picking up something ordered online.

The deal-sending screen, by Intel Corp and used by Sears Holdings Corp and others, was just one example of cutting edge technology on display at this week's

Best Buy Says Walmart Ads Give Phony Price Comparisons
January 4, 2013

Best Buy Co. Inc., whose prices and products are named in ads by rival Wal-Mart Stores Inc., says the ads are misleading.

The Wall Street Journal reports that Richfield-based Best Buy, along with New Jersey-based Toys "R" Us Inc. and several regional grocery chains, have filed complaints with attorneys general in several states saying that the Walmart ads use inaccurate prices or don't compare the same items. Best Buy, for example, cites a Walmart ad that claims it was selling a Dell laptop for $251 less than Best Buy

Wal-Mart Selling Apple's iPhone 5 at Big Discount
December 14, 2012

Wal-Mart Stores Inc said on Friday that it began selling Apple Inc's flagship iPhone 5 smartphone at a big discount in thousands of its stores.

Wal-Mart said it is selling the 16 GB Apple iPhone 5 for $127, versus an original price of $189.97. The price is valid with a two-year contract from wireless carriers Verizon, Sprint and AT&T, the retailer added.

Wal-Mart said it is also selling the 16 GB iPhone 4S and the 16 GB iPad with Retina display and WiFi at discounts.

The offers will be available for 30 days

Walmart's Evolution From Big Box Giant To E-Commerce Innovator
November 27, 2012

Walmart, the world's largest retailer, embraces social, mobile, and the startup spirit to compete against Amazon. Will it be enough?

Jeremy King was ignoring the largest retailer in the world. For a month, he'd been getting calls from a Walmart recruiter. King was used to being wooed, since he was well known in Silicon Valley as an engineer who built key parts of eBay's infrastructure. The calls kept coming. Finally, he picked up the phone and let Walmart know exactly what it would take to get him to interview.

Walmart Tries a 'Blended Channel' Approach to Survive in a Digital World
November 23, 2012

Retail stores such as Best Buy are struggling to survive in a digital age, but Walmart is hoping to avoid the same fate by embracing both physical and digital models. In an interview with Wired, the company states the the goal "isn't to pit physical stores against the website," but instead to use a hybrid approach. Customers can still walk into a retail store and browse goods, but Walmart tries to enhance the experience with its mobile app. When people walk into a Walmart's geofenced area, for example, the app enters "Store" mode

Walmart Reports its Best Black Friday Ever with 5,000 Items Sold Per Second
November 23, 2012

The U.S. retail network Walmart has reported that the Black Friday of 2012 has been the best one for the company ever, bringing 22 million customers to its stores on Thursday.

During the Black Friday shopping frenzy from 8pm through midnight, the retailer processed nearly 10 million register transactions and almost 5.000 items per second.

Among other results, Walmart has mentioned the "amazing turnout" for the iPad 2, as well as for LG Blu-ray players and LCD TVs, 1.3 million of which has been sold.