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Todd Taber

Walmart to Cut 1,000 Corporate Jobs

Walmart

Walmart is planning to slash more than 1,000 corporate jobs this month, The Wall Street Journal reports. The news comes shortly after the big-box retailer announced plans to raise its hourly minimum wage and close 63 Sam’s Club locations. “We’ve …

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Walmart Raises Its Minimum Wage, Gives Bonuses

minimum wage

Walmart has announced plans to raise its starting wage for hourly associates to $11. In many states, that boost in the starting wage will be higher than the legally required minimum wage. The retailer is also offering a one-time bonus …

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The Latest on Home Depot’s Acquisitions

home depot

The Home Depot made deals to buy two businesses during the second half of 2017, eyeing opportunities for future growth online and in its brick-and-mortar locations. Now, reports suggest that the home improvement retailer is considering the purchase of XPO …

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Amazon, Walmart Online Prices Closer Than Ever

acquisitions

A new study from financial data firm Market Watch finds that Walmart and Amazon’s online prices are closer than ever, Business Insider reports. The study, which tracked prices on Amazon and Walmart’s website, spanned 700 days. Walmart’s online prices were …

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PMI, Consumer Confidence Make Gains

Click the image above to view a full PDF. The nation’s third-quarter 2017 consumer confidence levels rose nearly 20 percent over third-quarter 2016, indicating that consumers feel confident about the overall economy. Some regions ravaged by hurricanes showed measurable consumer …

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Target Buys Grocery Delivery Company Shipt

shipt

Target has purchased delivery startup Shipt Inc., a deal which will enable the retailer to complete same-day deliveries from about half of its 1,800 stores by summer 2018, Bloomberg reports. Customers will pay $99 per year to receive unlimited same-day …

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