Top 5 Retail Stories of the Week 4.15.18April 20, 2018
Each week, we’ll be rounding up the top stories from the retail industry so you can start your weekend off right. Here are the biggest news stories from the week of April 15, 2018:
1) Walmart to Increase EV Charging Stations (Progressive Grocer) – “Walmart has revealed plans to more than double its EV charging station sites through the addition of several hundred charging stalls across its operations in 34 states. When completed, the expansion will bring the mega-retailer’s total number of charging units to considerably more than 1,000, making Walmart one of the nation’s leading EV charging station hosts.”
2) Whole Food Scraps Loyalty Programs (MarketWatch) – “Whole Foods Market has sent an email to members of its loyalty program announcing that it will discontinue its rewards program and digital coupons starting May 2, indicating that it will soon be folded into the Amazon Prime program.”
3) Amazon Offers 76 Private-label Brands (Business Insider) – “If you’re a frequent Amazon shopper, you’ve probably noticed and even purchased something from its popular private label brand, AmazonBasics. What you might not have noticed is how aggressively Amazon is pushing into other categories, with a special emphasis on fashion.”
4) Walmart Introducing New Website to Compete with Amazon (CNBC) – “The new design will be much more personalized, starting on the homepage. Shoppers will soon see top-selling items on Walmart.com based on their locations. They will also see a profile of their local store, telling them if that store has online grocery or easy reorder, for example.”
5) Target to Tackle Beauty Market for Women of Color (Forbes) – “During the ‘Multicultural Beauty Panel’ at Target’s Manhattan design offices, executives from the chic-cheap discounter pronounced its commitment to serving the unmet beauty needs of women of color. Its salvo: The launch of 150 exclusive products designed expressly for the multicultural consumer, delivered by eight entrepreneurial brands founded by women of color.”
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