The rumor mill is roiling with tales of Walmart test projects, including the possibility of home delivery. There's just one problem, it's all rumors.
An anonymous source apparently told Bloomberg News that Walmart is thinking of testing home delivery in the San Jose, Calif. area with the code name...
Walmart is warning the public about pending inflation. CEO Bill Simon told USA Today that inflation is "going to be serious. We're seeing cost increases starting to come through at a pretty rapid rate."
Prices are moving up on things like food and clothing. We've reported on commodity prices...
Abercrombie & Fitch caught a lot of flack recently with its new push-up bikini top for girls as young as seven, so much so, it dropped the term "push-up" within a week of its launch. Whether it's a marketing scheme or publicity stunt, will it affect sales?
Abercrombie & Fitch Kids' Ashely...
Walgreens Buys Drugstore.com, Amazon Buys Soap.com
3:00 PM 3/25/2011
Walgreen drugstore chain is buying Drugstore.com for $409 million. That's nearly 102% more than the company is valued at, but the move lets the traditional retailer gain a foothold on the Internet that it's been unable to do on its own.
"Drugstore.com significantly accelerates our multi-channel...
The lines between online and in-store shopping are getting a whole lot blurrier and the whole experience is more streamlined for shoppers: Walmart has launched "Pick Up Today."
Pick Up Today is different from "Site to Store," which lets you order select items online and have them shipped to...
Where's Lunch? 'Groupon Now' to Offer Location-Based Deals
8:00 AM 3/21/2011
It seems there's no end to the ways in which Groupon can grow, but come April, the "Groupon Now" mobile app will use mobile devices to offer deals based on where you are at any given moment.
Groupon founder and CEO Andrew Mason outlined the ambitious new program in an interview with Bloomberg...
Bad Romance: Target Wins Ethical Award, Lady Gaga Still Nixes Deal
4:30 PM 3/16/2011
Target has been named one of the World's Most Ethical Companies for 2011 by Ethisphere Institute, an international business ethics organization. But international superstar Lady Gaga disagrees. Gaga has killed a deal to release an exclusive version of her new album at Target stores, thanks to the...
Hammer another nail in the coffin of mom and pop shops. Walmart is moving ahead with a plan to open hundreds of small format stores, while Target is readying a modified version of its own big box.
Someday soon, most neighborhoods will be served by different kinds of Walmart stores in a variety of...
Watch 'Dark Knight' on Facebook ... Netflix Doesn't Like This
3:30 PM 3/9/2011
Now you can view a movie on Facebook, in addition to updating your status, wishing friends a happy birthday and uploading photos from the kids' graduation. Warner Bros. will begin offering movies on demand via the social network for just $3 (or 30 Facebook Credits).
It's just one movie -- "The...
Subway may promote itself as a fast food option that helps shrink the waistline, but the chain is now the largest kid on the restaurant block, surpassing McDonald's with more stores, coming in at 33,749 units compared to McDonald's 32,737.
We've come to think of McDonald's as an iconic symbol of...
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DailyFinance Wire
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