Walmart enhances online shopping with Eko’s AI
Walmart first partnered with Eko six years ago and has since seen significant improvements in customer engagement and sales.
Retail News
RILA issues statement on possible tariff announcement
“Families want the Trump administration to focus its mandate on policies that lower costs and already have a proven track record to unlock investment and growth.”
Amazon’s MK30 drone ready for liftoff following safety tests
With FAA certification secured, Amazon’s MK30 drone is poised to scale its delivery operations.
Paramount, Circana, and iSpot partnership offers always-On CPG ad measurement
The collaboration enables large-scale, always-on attribution measurement, eliminating the need for time-consuming, ad-hoc performance studies.
Walmart to spend $6 billion on Mexico expansion
According to Walmex, the Mexican subsidiary of the U.S. retailer, the expansion will create approximately 5,500 jobs.
Canada’s largest Asian grocer expanding its U.S. Footprint with San Francisco location
T&T Supermarkets has carved out a niche as a destination for authentic Asian cuisine, blending traditional tastes with modern retail appeal.
Walmart and Cropin partner to strengthen supply chains with AI
“By collaborating with Cropin, it enables Walmart to further streamline sourcing practices and better predict yields using their real-time Gen-AI technology,” said Kyle Carlyle, Walmart's VP of Sourcing Innovation and Surety of Supply.
Walgreens to close 500 locations this year
The restructuring efforts follow Walgreens' $10 billion acquisition by private equity firm Sycamore Partners earlier this month, which is known for acquiring struggling retail brands and has a track record of implementing cost-cutting measures.
Food Lion Feeds hits 1.5 billion meals goal, sets new target to double its impact by 2032
“We believe no one should have to choose between dinner and rent or gas and groceries.” — Meg Ham, Food Lion.
Dollar General announces officer promotions
Nick Metzger, Steve O’Brien, Tricia Snider and Bill Steiger have joined Dollar General.
AARP joins NACDS' "Nourish My Health" public health campaign
The campaign’s reach spans millions of Americans, with targeted outreach in communities disproportionately affected by nutrition-related diseases.
Dollar Tree reports Q4 earnings as it gains higher-income shoppers
“We finished 2024 on a high note with strong execution at Dollar Tree as growing customer acceptance of our expanded assortment drove sales momentum,” said CEO Mike Creedon.
U.S. consumer confidence plunges again in March
The Conference Board Consumer Confidence Index suggests that older consumers are driving the decline in confidence. Those over 55 reported the steepest drop in optimism.
Meijer to open Independence Market in Clarkston next month
Independence Market aims to provide a convenient and community-focused shopping experience. It blends Meijer's commitment to quality with a strong emphasis on local products and partnerships.
Dollar Tree to sell Family Dollar for over $1 billion
“This is a major milestone in our multi-year transformation journey to help us fully achieve our potential,” said Mike Creedon, Chief Executive Officer, Dollar Tree, Inc.