Walmart

Inside Costco: The Magic in the Warehouse

<b>By Neal Gabler</b><p>Photograph by Spencer Lowell for Fortune<p>December 3, 2016, 8:00 AM EDT<p>Culture is its edge—but even a phenomenal company faces …

Costco

A look at clothing companies that are closing stores

NEW YORK (AP) — A number of retailers, particularly clothing stores, are shuttering locations as shoppers move online and find fashion inspiration from social media. Some analysts believe the trend will only accelerate later this year.<p>A look at some of the brands that are closing stores or …

Business

Wal-Mart Acquires Niche Sites, to the Dismay of Hipsters

Wal-Mart Stores Inc. is rapidly buying up hip, small online retailers that appeal to wealthier shoppers in hopes of finally taking on Amazon.com Inc.<p>Last week Wal-Mart acquired hipster clothing website ModCloth. In February it bought outdoor specialty retailer Moosejaw and the month before, online …

Fortune 500

Wal-Mart’s Vudu App Can Now Make Digital Copies of DVDs (WMT)

Vudu, a media technology company owned by Wal-Mart Stores Inc. (WMT), announced today, March 23, that it has launched its first mobile service, which …

Personal Finance

Credit Suisse negative on Dollar General

Credit Suisse issues a harsh outlook on Dollar General (NYSE:DG).<p>"DG’s long-term growth algorithm looks unachievable, as increasing competition and …

Fortune 500

Florida Senate to vote on letting grocery outlets sell hard liquor in stores

TALLAHASSEE — Will Floridians soon be able to buy whiskey, rum or vodka in a grocery store?<p>The Florida Senate is expected to vote today on the …

Government

These haunting photos of the retail apocalypse reveal a new normal in America

The retail apocalypse has descended on America.<p>More than 3,500 stores are expected to close across the US in the next couple of months.<p>Department stores like Macy's, Sears, and JCPenney, and retailers including BCBG, Abercrombie & Fitch, and Bebe have all been forced to close up dozens of …

Business

Costco's Best Deals May Be In The Liquor Aisle

If you do a search for “vodka” on Costco.com, it will give you results for “soda,” but not for booze. Even so, at Costco warehouses around the country, 1.75-liter bottles of Kirkland Signature brand vodka (“distilled six times”) are flying out of the display stacks at the end of the liquor …

Drinking

Target Is About to Look Completely Different

The company just revealed what its store of the future will look like.<p>Your local Target store is about to look unrecognizable — and if you're in a hurry, you're going to love what they've done with the place. Target announced Monday that it is working on "the company's most ambitious store redesign …

Texas

ModCloth Has Been Sold to Walmart—and Their Customers are Pissed

On Friday, the indie fashion retailer ModCloth announced that they were purchased by Walmart. A message from ModCloth co-founder Susan Gregg Koger …

More tidbits from the Starbucks annual meeting

Starbucks (SBUX +0.5%) announced that it added Satya Nadella (CEO of Microsoft), Rosalind Brewer (former CEO of Sam’s Club) and Jorgen Vig Knudstorp …

Business

Starbucks celebrates 25 years since its IPO

At every Starbucks annual shareholder meeting, one man asks executives when the coffee shop chain will include gluten-free offerings on its menu.<p>At today's gathering, the 25th since the Seattle-based coffee giant's IPO, his dream should come true.<p>Starbucks, which is largely responsible for …

Markets

Time for wall between whiskey & Wheaties to crumble

It’s not surprising that the so-called “whiskey and Wheaties” bill <b>that cleared a Florida House committee</b> Wednesday did so by a bare 15-13 margin.<p>Any …

Drinking

Albertsons looks into the future and sees organic bananas

Albertsons is discussing a takeover of Sprouts Farmers Market, a move by the second-largest U.S. supermarket chain that would mean a deeper push into …

Here's What the Target Stores of the Future Will Look Like

A new entrance is devoted to speedy shopping.<p>Shoppers who just need to pick up a few items are likely to zip right past Target on the way to quicker, …

Fortune 500

Viral video shows man riding horse through a Wal-Mart

Talk about horseplay.<p>A video of a Houston man riding a horse through Wal-Mart went viral on Sunday evening when Woody Fields posted it to …

AOL

Walmart Launches 'Store No. 8,' a Startup Incubator in Silicon Valley

This is the retail giant's latest effort to beef up its e-commerce operations.<p>In-store drones? Beacon technology? Virtual reality-enabled shopping? All could soon become a reality at Walmart stores.<p>Walmart is launching a startup incubator in Silicon Valley to identify new retail technologies that …

Silicon Valley

Soon, You’ll Be Able to Get Costco Groceries Delivered in 50 Different Cities

Costco Wholesale (cost) is ramping up its home grocery delivery in a major way.<p>The bulk retailer is teaming up with Shipt, a startup delivery …

Markets

Target unveils new store design for shoppers in a rush, shoppers who ramble

NEW YORK — In a move to bring shoppers back to its stores, Target is embarking on an ambitious redesign aimed at helping people who need to dash in …

Jacksonville

Target's brick-and-mortar stores are key to its digital growth

<i>This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here.</i><p>While speaking at the Shoptalk 2017 conference, Target CEO Brian Cornell said the retailer's brick-and-mortar locations have been a major driver of digital growth.<p>He also …

Business

Walmart launches new tech startup incubator, as e-commerce war with Amazon heats up

Walmart's Store No. 8 will help the company develop new retail solution with robotics, VR, AR, AI, and machine learning to give the retail giant an …

Innovation

Giant Eagle to open Thursday on Interchange Road

The 75,000-square-foot store will offer some services new to the Erie region, including online ordering and curbside pickup.<p>The new Giant Eagle store …

Best Galaxy S6 and S7 Trade-In Deals

Whether you're itching to get your hands on the Galaxy S8 or you want to upgrade to another phone, you might be thinking about trading in your older …

Samsung Galaxy

Costco Tests Grocery Delivery Service (COST, WMT)

Costco Wholesale Corp. (COST) is launching a delivery service starting in the Tampa Bay, Fla. area for grocery products through a partnership with …

Personal Finance

Walmart wants to use drones in-store to help retrieve items for customers

Walmart wants drones to search stock rooms and deliver products to speed up customer service.<p>US retail giant Walmart is looking to deploy drones in …

Drones

Fashion, food, and footwear: The richest retailers on Forbes 2017 World’s Billionaires list

Retail can be a lucrative industry for those that are successful, according to the latest global billionaire rankings from <i>Forbes.</i> In the top 100 …

Wealth

Are you a speed shopper or browser? New Target stores to accommodate both (+video)

Years after the start of the e-commerce revolution, American shoppers don't just want web options – they want it all online and in stores, and all at …

eCommerce

Are you so hot you have to buy cooling underwear?

CLOSE<p>Skip in<p>x<p>Embed<p>VIDEO PLAYLIST: SHOPPING MATTERSShopping at Costco just got a whole lot easier | 1:01<p>No more long lines at Costco. The warehouse …

eCommerce

Wal-Mart to Launch E-Commerce Investment Arm

Wal-Mart, the world's largest retailer, will launch its first investment arm to expand its e-commerce business in partnership with retail start-ups, venture capitalists and entrepreneurs, the company said on Monday.<p>The plan is being spearheaded by Marc Lore, Wal-Mart's e-commerce chief, who joined …

eCommerce

Grocery Shopping Is About To Change Dramatically

There is a fundamental shift afoot in the grocery world, one that promises to recreate the shopping experience in customers.<p>Retailers, however, may not be so charmed and some will not survive the transition being driven by the following forces.<p><b>Changing Consumer Habits</b><p>The shift to healthier eating …

Business