Category Archives: Walmart News

World’s Highest Walmart Concentration

Author: 8th and Walton

Where will you find the largest concentration of Walmart-owned stores? You might think it would be in Arkansas, or maybe in one of the more populous states, but you’d be wrong. Puerto Rico has the largest number of Walmart-owned stores per square mile in the world. Walmart claims 56 stores in Puerto Rico, but Puerto Rico’s Center for Investigative Reporting (CPIPR)…

Walmart Nigeria

Author: 8th and Walton

Shelley Broader recently met with Lagos state governor Akinwunmi Ambode to work out final details about the Walmart stores which will soon be opening in Lagos, Nigeria. Ambode announced that his administration will support Walmart. Ambode is pleased that Walmart will bring more jobs for younger workers, and Walmart looks forward to reaching the emerging markets in Africa, the next frontier…

Jeff Clapper on Made in the USA

Author: 8th and Walton

Interviewing 8th & Walton’s Jeff Clapper recently, Kyle Kellams asked a question that many ordinary Americans might have wondered about: why is Walmart making a $2.5 billion investment in American-made goods? “That’s a lot of money,” said Kellams. “Why do this — other than that it looks good?” Clapper was able to provide a clear answer: Walmart is committed to EDLP,…

Did Walmart Urbanize Bentonville?

Author: 8th and Walton

The Washington Post says that Walmart had to change Bentonville from a quaint small town with “Cows, trees, and probably people hiking” into a city that would appeal to the kind of people Walmart wants to hire — a group that includes young, urban professionals. Many of them enjoy the small-town feel, but they want urban amenities and they want to…

Jet: A New Ecommerce Rival?

Author: 8th and Walton

Walmart buys goods at wholesale prices and sells them at retail in stores and online, at a profit. Amazon buys goods at wholesale prices and sells them at a discount online, relying on business and consumer services, deep-pocketed investors, and marketplace seller fees to bring it close to profitability. Jet is a new version of ecommerce. They’re planning to buy at…

Another Bout for Walmart and Amazon

Author: 8th and Walton

Yesterday was Amazon Prime Day,  a summertime version of Black Friday designed to sell lots of goods to Amazon’s most faithful shoppers, and also to increase their numbers. Amazon offered special deals only to members of the Prime subscription program, along with 30 day free trials of the program. Walmart.com recently took on prime with its forthcoming ShippingPass program, and they…

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Jarratt Industries Does It Again

Author: 8th and Walton

https://youtu.be/krjeA9mmMFc Jarratt Industries, makers of the Taco Plate, had another win at this month’s Made in the USA Open Call. Walmart’s Made in the USA event is becoming an annual tradition as Walmart works to keep their promise of increasing American-made products in Walmart stores by $250 billion. Walmart has also supported suppliers in many ways, from matchmaking suppliers with American…

The Analyst Shortage

Author: 8th and Walton

Walmart is the largest private employer in the U.S. and a consistent creator of jobs. If you look beyond the actual hires by Walmart and include the jobs created by suppliers, manufacturers, and support service companies, you’re looking at an enormous number of jobs. Yahoo Finance recently reported that Walmart is responsible for 6,000 jobs in Northwest Arkansas alone. But there’s…

Walmart Adds Stocking Fees

Author: 8th and Walton

Walmart will be charging suppliers stocking fees. There have been some fees in the past for specific suppliers, but it is expected that the new fees will affect some 10,000 U.S. suppliers. Reuters reported that a letter to suppliers announcing this move spoke of bringing “consistency to the collection of allowances related to the growth of our business and suppliers’ use…

The Average Walmart Shopper?

Author: 8th and Walton

Walmart is one of the most customer-centric companies around, and all smart suppliers know not only their customers, but also their Walmart customers. Kantar Retail conducted a survey of 4,000 shoppers and came up with a persona for the average Walmart shopper, according to a new report from Business Insider. She’s a 50 year old white woman with a household income…