What you need to know today—top news and stories in retail:
- Nike launches .SWOOSH
- Walmart beats expectations with Q3 results
- Five trends from the Private Label Trade Show
- Amazon launches virtual health care clinic
- And more!
Nike Launches .SWOOSH Web3 Platform for Virtual Product Creators
Nike has beta launched .SWOOSH, a digital community and platform where athletes, creators, collectors and consumers can learn about and
Walmart Releases Q3 FY23 Earnings
Walmart U.S. comp sales1 grew 8.2%, with unit growth in food, and eCommerce up 16%Q3 FY23 GAAP EPS of $0.66;
Five trends from the Private Label Trade Show
CHICAGO — The exhibit floor of PLMA’s sold-out 2022 Private Label Trade Show opened here yesterday with more than 1,400 exhibitors and
Amazon launches virtual health care clinic in U.S.
SEATTLE — Amazon on Tuesday launched Amazon clinic, a virtual platform where users can connect with healthcare providers to help treat
Grocery e-commerce sales fall 3% in October
Dive Brief: Online grocery sales in the U.S. fell 3% in October compared with the same period in 2021, to $7.8 billion,
Walmart raises outlook as groceries boost sales, inventory glut recedes
KEY POINTS Walmart’s grocery business buoyed its third-quarter earnings and revenue, which surpassed Wall Street’s expectations. Chief Financial Officer John
Amazon Search Volume Falls 3% Year Over Year in October 2022
Following anecdotal examples of softer than expected demand around the Prime Early Access Sale (PEAS), a site-wide analysis by Momentum