Walmart: latest retail news and insights | ESM Magazine

Vertical Farming Startup Plenty To Expand Via $680m JV With UAE's Mawarid

US vertical farming startup Plenty is forming a joint venture with Mawarid, a subsidiary of Alpha Dhabi Holding, in a $680 million deal to develop a networ...

US Online Sales Hit $7.2bn On First Day Of Amazon Prime Day Event, Adobe Says

Shoppers spent about $7.2 billion online across retailers during the first day of Amazon's Prime Day in the United States on 17 July, according to a report...

US Back-To-School Spending To Remain Muted In 2024, Deloitte Says

Back-to-school spending this year is expected to be flat or lower in the United States, as shoppers dial down on expensive electronics such as laptops and...

Walmart To Build Five New Warehouses To Speed Up Distribution Of Perishable Goods

Walmart plans to build five new warehouses with a high tech spin in the United States aiming to bolster and speed up the distribution of perishable product...

US FDA To Prohibit Use Of Brominated Vegetable Oil In Food, Soda

The US Food and Drug Administration said it would revoke the regulation that authorised the use of brominated vegetable oil (BVO) in food items, effective...

UK Retailer Asda Says It Returned To Profit In FY 2023

Asda said it returned to a pretax profit in its 2023 financial year, even though it lost market share to rivals over the period.

Walmart Partners With Agritask To Improve Sourcing Decisions For Fresh Produce

Walmart has entered into a strategic partnership with crop supply intelligence company Agritask to optimise sourcing decisions.

Indians Get Hooked On 10-Minute Grocery Apps, Squeezing Small Retailers

Indians long relied on visits to small neighbourhood outlets for groceries or got free deliveries from them via phone orders, before the rise of e-commerce...