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INX:WMT, Oct 25, 04:43 UTC

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Friday, October 23


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Loblaw follows Walmart in imposing new fees on suppliers to help pay for upgrades

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Loblaw Cos. Ltd. has told its suppliers that it will charge more fees to get their products on shelves, escalating an already tense standoff between supermarkets and food producers. Loblaw, the largest grocery chain in Canada that owns Shoppers Drug Mart, Real Canadian Superstore and No Frills, on Thursday sent letters informing suppliers of the extra fees while also asking them to “keep in mind” that it is investing $6 billion over the next five years to upgrade its stores and e-commerce operations. Loblaw, however, said the new fees were necessary, in part, to help keep food prices low because suppliers keep pushing to raise what they charge grocers. Days after the Walmart announcement, United Grocers Inc., a national buying group that negotiates supply deals on behalf of Metro Inc., Save-on-Foods, Alimentation Couche-Tard Inc. and other retailers, told its suppliers in a letter that it would expect the same discount that Walmart is imposing on them. But Loblaw’s letters on Thursday appeared to be the first since Walmart to tie a multi-billion-dollar investment to a request for more fees.

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Walmart sues US in pre-emptive strike in opioid abuse battle

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The government is expected to take civil action against the world's largest retailer, seeking big financial penalties, for the role its pharmacies may have played in the crisis by filling opioid prescriptions. But on Thursday, Walmart filed a lawsuit saying that the Justice Department and the Drug Enforcement Administration are blaming the company for the government's own lack of regulatory and enforcement policies to stem the crisis. Walmart says it is seeking a declaration from a federal judge that the government has no lawful basis for seeking civil damages from the company. “Under defendants’ sweeping view, Walmart and its pharmacists may be held liable — perhaps even criminally — for failing to second-guess DEA-registered doctors and refuse their prescriptions. But if pharmacists do so, they may face the wrath of state medical boards, the medical community at large, individual doctors, and patients.”. Walmart says in the suit that the Justice Department identified hundreds of doctors who have written problematic prescriptions that Walmart’s pharmacists allegedly should not have filled. But nearly 70% continue to have active registrations with the DEA, the lawsuit says.

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Thursday, October 22


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Walmart Files Pre-emptive Lawsuit Against Federal Government in Opioid Case

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Walmart Inc. sued the federal government in an attempt to strike a pre-emptive blow against what it said is an impending opioid-related civil lawsuit from the Justice Department.The retail giant said in a lawsuit filed Thursday that the Justice Department and Drug Enforcement Administration are seeking to scapegoat the company for the federal government’s own regulatory and enforcement shortcomings in combating the opioid crisis. It is seeking a declaration from a federal judge that the government has no lawful basis for seeking civil damages from the company based on claims pharmacists filled valid prescriptions that they should have known raised red flags. Walmart, which operates more than 5,000 in-store pharmacies in the U.S., said the government’s “threatened action would be unprecedented.” It said the government hasn’t alleged that the company was filling altered prescriptions, or that its pharmacists had inappropriate relationships with patients or doctors. Plaintiffs focused less on Walmart in the early days of the opioid litigation, though the company has since been sued by counties and a handful of states across the country for its role as both a distributor of opioids to its own stores and as a pharmacy.

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Thursday newspaper round-up: Covid support package, wealth divide, Tesla, Asda

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Zephyr Energy raises £2.25M for Paradox Basin Cane Creek well #ZPHRView Video. Thursday newspaper round-up: Covid support package, wealth divide, Tesla, Asda. In a grim overview of the nation's personal finances, the Financial Conduct Authority said 12 million adults were struggling to pay their bills, up by 2 million since coronavirus struck in February. - TelegraphTesla said last night that it intended to meet an ambitious target to deliver half a million cars this year as it announced its fifth consecutive quarterly profit. However, the electric carmaker warned that achieving its delivery goal had become "more difficult" after its main factory in California was shut down temporarily in the early weeks of the pandemic.

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Wednesday, October 21


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Christmas toy sale dates revealed at Tesco, Argos, Asda, Aldi, Sainsbury's and Smyths

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Christmas toy sale dates revealed at Tesco, Argos, Asda, Aldi, Sainsbury's and Smyths. Christmas 2020 might feel like a long way off, but in fact there are less than 70 days to go until December 25. With that in mind, the thoughts of many parents will soon turn to Christmas presents, and with more families budgeting for the big day, there are plenty of opportunities to grab a bargain and treat loved ones without breaking the bank. As the festive season draws closer, members of the Extreme Couponing & Bargains UK Group have put together a handy guide for the rumoured and predicted Christmas Toy Sales for 2020. While it's important to stress that these dates are subject to change, here's a few dates that the group have put together to pop in the diary to help you prepare for Christmas. Asda. Aldi. As part of their Specialbuys set of deals, Aldi are holding a toy event in stores across the country for a short time from Thursday, October 22.

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Global B2C e-commerce Market 2025 Current as Well as the Future Challenges: Amazon, Walmart, Rakuten, Inc, Aliexpress.com, Alibaba.com, Ebay, JD.com, Flipkart, Lazada, OLX Inc. – The Think Curiouser

WMT

Global B2C e-commerce Market 2025 Current as Well as the Future Challenges: Amazon, Walmart, Rakuten, Inc, Aliexpress.com, Alibaba.com, Ebay, JD.com, Flipkart, Lazada, OLX Inc. Key Vendor Profiling• To encourage futuristic business decisions and investment discretion amongst notable market participants in global B2C e-commerce market, the reports meticulously identifies and highlights some of the leading key players. • Details pertaining to their exclusive executive company profile, product and service portfolios, pricing generation, revenue models, capacity assessment and sales outcome have been rigorously presented in the report to align with reader specifications and subsequent business decisions. Global B2C e-commerce Market Segment Analysis• The report includes actionable insights and relevant data on diverse product offerings inclusive of product specifications, their revenue generation potential as well as manufacturer investments in product improvisation and consumer response in the area.• Based on application segments, this versatile research report on global B2C e-commerce market elaborates end-user and application specific milestones for best reader experience and guidance.• Various market sub-segments are also highlighted in the report besides moving forward with CAGR performance in the forecast tenure.

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Christmas toy sale dates revealed at Tesco, Argos, Asda, Aldi, Sainsbury's and Smyths

WMT SBRY +1 more WMT SBRY TSCO

Christmas toy sale dates revealed at Tesco, Argos, Asda, Aldi, Sainsbury's and Smyths. Christmas 2020 might feel like a long way off, but in fact there are less than 70 days to go until December 25. With that in mind, the thoughts of many parents will soon turn to Christmas presents, and with more families budgeting for the big day, there are plenty of opportunities to grab a bargain and treat loved ones without breaking the bank. As the festive season draws closer, members of the Extreme Couponing & Bargains UK Group have put together a handy guide for the rumoured and predicted Christmas Toy Sales for 2020. While it's important to stress that these dates are subject to change, here's a few dates that the group have put together to pop in the diary to help you prepare for Christmas. Asda. Aldi. As part of their Specialbuys set of deals, Aldi are holding a toy event in stores across the country for a short time from Thursday, October 22.

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Tuesday, October 20


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Shoppers give verdict on Asda's new green Leeds superstore with refill stations and futuristic machines - Leeds Live

WMT

Shoppers give verdict on Asda's new green Leeds superstore with refill stations and futuristic machines. Customers can now use one of the 15 huge refill stations to fill containers with Asda own brand rice and pasta, Vimto, Kellogg’s cereals and PG Tips tea bags or loose tea. Duvets made out of recycled polyester from 65 old bottles are displayed in paper bags, baked bean tins have been ‘unwrapped’ and flowers sold ‘naked’ without plastic. Asda believes it will save a million pieces of plastic a year. “We’ve raised both our girls, aged 19 and 17, to recycle and this is just up their street,” she explained as she sent pictures to her youngest Eloise. But the biggest hit in store yesterday appeared to be the giant refill section.

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Walmart cranks up advertising drive, with or without TikTok

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The world's largest retailer is making better use of its wealth of shopper data to link promotions on its website and app with ads inside its network of 4,700 U.S. stores, according to Reuters interviews with six advertising agencies and Walmart ad tech partners, three major brands plus bankers and ex-employees. The shift has been paying off, according to one source briefed on the company's plans who said Walmart Media Group was on track to earn nearly $1 billion of advertising sales this year, more than double the amount it brought in last year. "One thing we do at Walmart Media Group is make sure that the advertising we're placing is additive to the customer experience, that we're not just throwing ads on anything anywhere, that we're really strategic," Walmart spokeswoman Molly Blakeman said. That, however, has not stopped Walmart from moving ahead with its strategy, the advertising agencies and brands said. Yet it's early days in the drive for Walmart, which has historically struggled to create new lines of business and has never turned a profit form its e-commerce business. Some advertisers and ad agencies said the retailer still had a distance to go on the technology front, including tracking how ads translated into sales - a key selling point for brands.

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Sunday, October 18


News

Morrisons successful clients from rival Asda since begin of coronavirus - Editorials 360

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Morrisons has been successful clients from its rival Asda for the reason that pandemic started, grocery store sources have revealed. Asda underperformed its opponents within the six months to the tip of September, clocking up the slowest gross sales enhance within the rush to stockpile meals at massive shops, based on information ready for The Mail on Sunday. Asda’s market share fell to 14.three per cent within the six-month interval from 15.1 per cent a 12 months earlier. ‘Morrisons has been on the entrance foot since this started and its shops are fairly often situated close to Asda’s – it is fairly apparent it has been taking Asda’s clients,’ stated one grocery store director. Rivals have described the Asda chain as ‘unloved’ and stated that they hoped its new homeowners – Blackburn-based brothers Zuber and Mohsin Issa and their personal fairness companions TDR – would make investments closely within the chain. However one grocery store veteran stated the shops might require as a lot as £500million to refurbish. The deal, which has but to be accomplished, was broadly lauded when it was introduced earlier this month. However there was rising scrutiny of the brothers’ enterprise empire since The Mail on Sunday revealed that their £18billion petrol forecourt enterprise EG Group had hyperlinks to a string of tax havens from Jersey to the Cayman Islands.

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