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Kroger taps Walmart tech veteran as store operations chief
Grocery Dive22d agoneutral
Kroger taps Walmart tech veteran as store operations chief

Editor’s note: This story is developing and will be updated. Dive Brief: Kroger announced Wednesday that Mark Ibbotson will join the grocer as executive vice president and chief store operations officer on Sept. 14. A former top executive at Walmart, Ibbotson brings decades o...

What Walmart (WMT)'s Tariff-Funded Price Cuts and Ecosystem Expansion Mean For Shareholders
Simply Wall St.23d agobearish
What Walmart (WMT)'s Tariff-Funded Price Cuts and Ecosystem Expansion Mean For Shareholders

In recent weeks, Walmart has expanded its offer with new brands and partners, from HallPass low-sugar candy and Bluevua water systems to Purpose Toys’ Naturalistas dolls and the Scenario women’s fashion line, while also marking its 100th company-owned EV fast-charging site and rolling out Morgan’s Repellent and a limited Duke Cannon–Mountain Dew collaboration at Walmart and online. At the same time, Walmart reported higher second-quarter revenue of US$187.94 billion, continued share...

The Morning Risk Report: FTC Files Lawsuit Alleging Amazon Deceived Advertisers
The Wall Street Journal23d agobearish
The Morning Risk Report: FTC Files Lawsuit Alleging Amazon Deceived Advertisers

The Federal Trade Commission on Monday filed a lawsuit against Amazon.com alleging that the e-commerce giant manipulated prices businesses paid to advertise on its retail platform, reaping tens of billions of dollars for itself over seven years. The lawsuit, joined by a bipartisan group of more than 20 state attorneys general, alleged that Amazon deceived advertisers by secretly raising the minimum price advertisers had to pay to place ads promoting their products. Third major litigation: The case, filed in a Seattle federal court, becomes the consumer-protection agency’s third major case against Amazon, which agreed to pay $2.5 billion last year to settle an earlier suit alleging it tricked people into signing up for its Prime service and made it hard to cancel the subscription.

Nike (NKE) Reinstates Chief Commercial Officer Role
Simply Wall St.24d agoneutral
Nike (NKE) Reinstates Chief Commercial Officer Role

Nike (NYSE:NKE) appointed Walmart veteran Jane Ewing as chief commercial officer, reinstating the role after a period without a dedicated executive in that position. The company announced a new partnership with Foot Locker to launch The Crenshaw Rec, a community-focused retail and cultural hub in Los Angeles. The Crenshaw Rec is designed as a blended space for shopping, sport and local programming tailored to the surrounding neighborhood. For a broader view on how large consumer brands are...

Amazon Prime vs. Walmart Plus: Which is The Better Deal? We Did the Math
The Penny Hoarder24d agoneutral
Amazon Prime vs. Walmart Plus: Which is The Better Deal? We Did the Math

Advertising disclosure: Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners. Our time is valuable. That’s why we’re willing to pay for fast and reliable delivery. Amazon Prime has dominated the online shopping space […] This was originally published on The Penny Hoarder, a personal finance website that empowers millions of readers nationwide to make smart decisions with th