IKEA's $1.1 Billion Strategy: Slashing Prices Amid Global Deflation for Crisis Resilience
29 November 2023
3372
The IKEA Effect For those accustomed to frequent shopping, the recent years may have involved skillful navigation through store aisles and bracing for potential price increases on beloved items like sandwiches, eggs, or home decor. Encouragingly, a ...
Walmart to sell its e-commerce technology to small retailers
28 July 2021
3683
E-commerce tech Chief Executive Officer Doug McMillon is interested in expanding his company's revenue streams beyond its core retail business. As early as Wednesday, small and medium-sized retailers will be able to buy technology that Walmart has ...
Walmart shares fell after forecasts of lower sales and high costs
19 February 2021
3456
Walmart and Q4 earnings Walmart shares fell on Thursday after the company reported lower revenues and profits than analysts' estimates, and gave a forecast of lower sales and profits due to rising wages and capital expenditure on the e-commerce...
Walmart increased online sales
17 November 2020
3211
Walmart is growing again The trend of online sales continued in Q3 with sales in the USA increasing by 79%. The CEO of Walmart Doug McMilon said: "This was another good quarter. We believe this new customer behaviour will c...
As of Saturday, Walmart resumes monitoring and counting the number of customers entering its shops
15 November 2020
3394
Precautions from Walmart Such precautions are necessary to make sure that it does not exceed the capacity limit, as coronavirus cases are skyrocketing at record speed across the country. Starting in April, Walmart limits the number of people in its...
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