Wal-Mart

Staples to Acquire Office Depot for $6.3B
February 4, 2015

Staples announced Wednesday that it will acquire Office Depot for $6.3 billion, a move that merges the two largest chain stores selling office supplies. The deal comes as the retailers are seeing massive upheaval in their industry. Demand for paper-based office supplies is dwindling as more business functions move online, and a diverse array of competitors, including Amazon.com and Wal-Mart, are competing to sell these kinds of goods. Together, the brands would have about $39 billion in annual sales and about 4,000 stores. Staples CEO Ron Sargent said that a merger would help the brands compete more effectively.

Forget Stores, Apple Pay is Already Taking Over Mobile Shopping
January 23, 2015

Apple Pay doubters question whether anyone will swipe their iPhone at a store checkout counter. But as mobile shopping booms, Apple Pay is already showing huge returns for early adopters. It's a small sample size, with Apple Pay only out since late October, but so far iPhone owners with the service enabled are vastly more likely to make online purchases on their phones. Take sports and concert ticket search app SeatGeek, whose sleek new checkout screen boasts a conversion rate up to 30 percent. With Apple Pay, that follow-through rate shoots up to 80 percent.

Wal-Mart Launches Cash Pickup Option for Tax Refunds
January 22, 2015

Wal-Mart is launching a service allowing customers to pick up their tax refunds in cash at all stores nationwide. It's the discounter's latest move to offer more financial services, which is seen as a path to bringing more shoppers into its stores. The world's largest retailer, based in Bentonville, Ark., says the process will take the same time as if customers were to file their returns electronically and then get direct deposit, which could take just a week, says Daniel Eckert, senior vice president of services for Wal-Mart's U.S. division.

The New Retail Brand Frontier: Disruptive Innovation
January 20, 2015

As we enter a new year in a slow-growth economy, it's worth considering which retailers may excel in this competitive environment and those which may fall behind. With limited opportunities for growth, it takes something extra to stand apart from the pack. In a word, it takes disruption.

GameStop Leverages Technology to Transform the In-Store Experience
January 14, 2015

In an interview with Retail Online Integration yesterday at the National Retail Federation's Big Show in New York City, Charlie Larkin, senior director of the GameStop Technology Institute (GTI), discussed why the retailer believes technology and innovation are critical to its future, as well as some of the cool new things GameStop is doing to connect the digital and physical worlds in its stores.  

Online Counterfeiters: Getting Smarter and Now Enlisting Customersโ€™ Help
January 8, 2015

With the arrival of the holiday shopping season came a renewed wave of online fraud. The recent Wal-Mart episode revealed an interesting new twist in this game. The often-complex relationship between "traditional" brick-and-mortar retailers, "new" online e-commerce platforms, and the people that drive all of these โ€” i.e., the consumer โ€” took a whole new turn. 

Why Dynamic Pricing is the New Standard in E-Commerce
January 7, 2015

Dynamic pricing is a topic that's been getting a lot of attention lately. It's come a long way since it publicly debuted in the airline industry in the 1980s. Now we're used to seeing it across many different industries. From Uber to Amazon.com, many businesses are putting their own spin on dynamic pricing. But what is it exactly? To put it simply, it's a flexible pricing strategy in which businesses alter their pricing based on a number of factors, both internal and external.

Target Showing Symptoms of a Big Decline
January 7, 2015

Is Target headed towards the same fate as Sears? Analysis of the discount retailer's latest numbers suggest it's possible. According to a Seeking Alpha report, Target reported a small revenue decline on Oct. 31 of last year compared with the year prior; the firm declared $73.7 billion in TTM revenue, compared with $73.81 billion the same period in 2013. While the drop is far from catastrophic, the numbers show a more troubling picture when held up against Target's top rivals. Wal-Mart, Kroger and Costco all reported multibillion-dollar revenue increases in the same period.

Free Delivery Creates Holiday Boon for U.S. Consumers at High Cost
January 5, 2015

For top U.S. retailers, free delivery is now the norm. That is good news for shoppers, but not so much for investors. During the just-ended holiday season, outlets from Target to Wal-Mart to Amazon expanded their free-delivery options, adding more items eligible for free shipping. They also did away with minimum spending thresholds to qualify for the perk. Yet as

Wal-Mart, Sears in Alleged Illegal Toy Gun Crackdown
December 19, 2014

Major retailers are illegally selling prohibited toy guns online, the N.Y Attorney General's office alleged Thursday. Eric Schneiderman's office sent cease-and-desist letters to the retailers (Wal-Mart, Amazon.com, Kmart, Sears and ToyArsenal.com) to halt sales of these toy guns to New Yorkers immediately. "Once this matter was brought to our attention, we placed a shipping block on our website to prevent the mentioned items from being sent to the state of New York. We're also confident that measures are in place to prevent these items from being sold at our New York stores," Wal-Mart said in a statement.