New York — The Anti-Defamation League’s National Consumer Technology Industry divisio
Bentonville, Ark. — Walmart has shaved $20 off the $99 contract price of Apple’s forthcoming 16GB iPhone 5c and $10 off the $199 iPhone 5s.
The discounter began taking in-store pre-orders for the iPhone 5c this morning, in advance of the new handsets’ Sept. 20 sale date.
Walmart has also dropped the contract price of the discontinued iPhone 5 from $98 to $79 for the 16GB model, and cut $100 from the price of unlocked iPhone 5 and iPhone 4 models, to $549 and $349, respectively, for use with its Straight Talk prepaid plan.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Bentonville, Ark. — Wal-Mart Stores reported higher net sales and net earnings corporately but lower comp sales for Walmart U.S. stores in its second fiscal quarter, ended July 31.
Corporate net sales were $116.2 billion, an increase of 2.4 percent over last year. Consolidated net income attributable to Walmart was $4.1 billion, up 1.3 percent.
U.S. comp-store sales were down 0.3 percent for Walmart U.S. and up 1.7 percent at Sam’s Club locations in the U.S.
Minneapolis — Best Buy is doing a better job of thwarting showrooming than Walmart or Target, a new study suggests.
According a report by market research firm Prosper Insights & Analytics, fewer in-store mobile customers defect to Amazon.com while shopping at Best Buy than they do while visiting Target or Walmart stores.
Fayetteville, Ark. – Walmart celebrated its store associates and flaunted its financial performance and social responsibility at the company’s annual shareholder meeting last week.
As per tradition, the corporate pep rally was peppered with celebrity appearances, which this year included performances by Kelly Clarkson, Jennifer Hudson, John Legend and master of ceremonies Hugh Jackman.
Actor Tom Cruise also made a special appearance, to tout Walmart’s commitment to women, the environment, food banks, and healthful eating choices.
New York — Hisense launched its first branded tablets for the U.S. market here Thursday, announcing two Wi-Fi-only SKUs that will be sold exclusively through discount store giant Walmart.
The tablets include the Sero 7 LT (light), which carries a $99.99 suggested retail, and the Sero 7 Pro, which carries a $149 suggested retail.
Both models will be available starting Friday at more than 3,000 Walmart stores across the country.
CTIA 2013 Las Vegas — Smartphones will “bring retailing back to its roots of being personal and interactive,” said Gibu Thomas, global head of mobile at Walmart during a keynote speech here at the CTIA convention.
Walmart is using its smartphone shopping app to deliver the “personal and interactive experience that Sam Walton believed in,” Gibu told the audience. “The future is history,” he said.
Bentonville, Ark. — Wal-Mart Stores reported slightly higher net sales and income for the first quarter, ended April 30.
Net sales for the first quarter were $113.4 billion, an increase of 1 percent over last year. Net sales last year benefited by 1 percent from the extra day due to leap year. On a constant currency basis, net sales would have increased 1.8 percent to $114.2 billion.
Consolidated net income attributable to Walmart for the first quarter was $3.8 billion, up 1.1 percent.
San Bruno, Calif. – Now that it’s established itself as the world’s largest brick-and-mortar retailer, Walmart has set its sights on dominating cyber shopping as well.
The company is investing heavily in technology and fulfillment capabilities to deliver what Walmart’s global e-commerce president/CEO Neil Ashe described to analysts at a Barclays retail conference this week as “a personalized shopping experience that exceeds your expectations each time.”
New York — Walmart has reaffirmed plans to begin testing in-store lockers in a dozen of its Superstores this summer.
Neil Ashe, Walmart’s president/CEO of global e-commerce, first announced the lock-box strategy at a media event last March. He reiterated the rollout plans here this morning at a Barclays analyst conference.
The program will allow customers to retrieve their Walmart.com orders from in-store lockers without waiting for a clerk to pull them from storage.
Santa Clara, Calif. — Walmart’s video-on-demand streaming service Vudu notified registered users this week that thieves had broken into its offices and made off with hard drives and equipment containing some customer data.
Vudu said the theft occurred last month and included hard drives containing sensitive customer information, including names and addresses, birth dates, email addresses and account activity.