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It’s Official: Walmart’s Cheaper than Target

Find more education infographics on e-Learning Infographics Profitero’s annual report on Back to School shopping came through with a clear answer to the question you’re seeing in social media: does Walmart beat Target on price, or is it the other way around? Looking at everything from school supplies to student clothing, Walmart’s prices came in at just about 25% lower than…

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Influencer Marketing for Suppliers

When Martha Stewart tells her fans to make jewelry out of rickrack, they do it. When Oprah touts a book, Americans (who read just about half a dozen books in an entire year) go out and buy the book in droves. How often have you dreamed of having your product noticed by a celebrity? Many smaller suppliers wish they could afford…

walmart supplier online initiative

Walmart’s Supplier Online Assortment Initiative, Phase 2

Suppliers should be working right now to comply with the Walmart Supplier Online Assortment Initiative, Phase 1. If you’ve completed this first part of the process, scroll down to learn about Phase 2. Here’s a recap of Phase 1: HOW TO COMPLY Regardless of category, suppliers should follow these steps: Identify current in-store SKUs and check to see if they’re currently…

accounting

Chargebacks: Accounting or Replenishment?

Retailer deductions can cost suppliers way too much. Often, the source of the problem is in the accounting. Numbers from invoices and purchase orders have to match, so a slip that changes one digit can result in invalid chargebacks. Walmart’s accounting requirements are strict, and they’re different from other retailers, so it’s easy to have a small error in accounting, and…

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What Is Retail Link For?

If Retail Link has always been part of your Walmart supplier experience, you might think of it as a duty or a way Walmart checks up on you. In fact, Retail Link was a revolutionary new idea when it started. It gave suppliers more power and autonomy. “Retail Link,” said Peter Pham in Forbes, “provided a way for suppliers to manage…

Vintage Santa Claus

Walmart Layaway Starts Even Earlier

Walmart is launching 2015’s holiday layaway today, two weeks earlier than last year. The minimum price for layaway items is $10 — down from $15 last year — and shoppers will have 90 days rather than 60 days to pay. The minimum basket size is $50.00, and items can be picked up as late as December 14th. Walmart’s efforts to make…

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Walmart Supplier Glossary: MABD

MABD – Must Arrive by Date MABD may sound simple and straightforward, as though Walmart were just saying, “Make sure you get the goods here by Thursday! Thanks!” That’s not how it works, though. Suppliers have a very small window in which to be one time. Being early or late can result in 3% chargebacks. Suppliers must also be sure their…

basic training

Basic Supplier Training with 8th & Walton

You want to get your product on the shelf or you’ve just started as a Walmart supplier — or maybe you’ve been on the shelf at Walmart for a while and it’s not working out the way you expected. 8th & Walton’s Basic Training can make the difference. Basic training is also a great way to get a new hire up…

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Made in the USA Not as Easy as It Sounds?

Walmart’s Made in the USA initiative gives suppliers new ways to get their goods on the shelf at the world’s largest retailer, but current suppliers are facing some challenges. Here are some of the top concerns suppliers are expressing: Sourcing in the U.S. can be hard. After a couple of decades of offshoring, there are fewer factories in America, and fewer…

SMM4S

Food Suppliers on Saturday Morning Meeting for Suppliers

https://youtu.be/KZClKjn1xQU Kettle’s Oregon plant has 600 solar panels. Their Beloit plant was the first in the nation to gain LEED certification. They generate enough energy through their wind turbines to power 65 homes each year. Theirs were the first chips to be Non-GMO Project-Verified. Their fleet runs on biodiesel created from their waste oil. Clearly, this company is a leader in…

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