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☆ I visited Walmart and found over 25 products that show how the retail giant is trying to win over wealthier customers
▼ + stars: | 2024-05-06 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

However, the retailer plans to stock more premium items to attract wealthier shoppers. I visited Walmart to see which fancy brands and products it already carries. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Bentonville-based retail giant's primary focus since day one has been to drive down costs and offer rock-bottom prices. Before the new products hit shelves, I visited my local Supercenter to see what premium items the retailer already carries.

Persons: — Organizations: Walmart, Service Locations: Walmart's, Bentonville

☆ I visited Walmart and saw more than 25 premium items you might not expect to find there
▼ + stars: | 2024-05-05 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

However, the retailer plans to stock more premium items to attract wealthier shoppers. I visited Walmart to see which fancy brands and products it already carries. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Before the new products hit shelves, I visited my local Supercenter to see what premium items the retailer already carries.

Persons: — Organizations: Walmart, Service Locations: Walmart's, Bentonville

At stake is the role of a wide spectrum of players, from fintech firms to card companies and established banks. Walmart's Fintech startup One is now offering BNPL loans in Secaucus, New Jersey. Buy now, pay later has gained popularity with consumers for everyday items as well as larger purchases. A Capital One Walmart credit card sign is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019. Meanwhile, Walmart said last year when its lawsuit became public that it would soon announce a new credit card option with "meaningful benefits and rewards."

Persons: Joe Raedle, Goldman Sachs, Omer Ismail, Hugh Son, BNPL, Jason Mikula, Amazon's, Karma, John Furner, John David Rainey, Dot, " Rainey, Rainey, Morgan Stanley, Walmart's, Yichuan Cao Organizations: Walmart, Getty, CNBC, New Jersey Walmart, Apple, Electronics, Adobe Analytics, Bank of Walmart, Robinhood, Walmart U.S, Coastal Community Bank, Capital, PayPal Locations: Hallandale Beach , Florida, Bentonville , Arkansas, Manhattan, Secaucus , New Jersey, New Jersey, U.S, Mountain View , California, United States

☆ How climate change is beginning to be built into employee pay and benefits
▼ + stars: | 2024-04-13 | by ( Trevor Laurence Jockims | ) www.cnbc.com time to read: +8 min

There are some companies all-in, as a brand, in fighting climate change , such as Patagonia. So-called green perks, also referred to as climate change benefits, could help to bridge that gap. A rising, though still marginal trend in the job market, employee enticement and compensation packages tied to climate change can help to make these abstractions clearer and more actionable in the workplace. "There's a nascent but growing interest in climate change benefits," Schneider said, pointing out that Google searches for commuter benefits, as an example, are trending up. Green perks are a benefits arena where the demand would seem to outstrip supply, and green commuter benefits may be the first indication of a wider adoption wave.

Persons: enticement, WTW, Caroline Mangiardi, Mangiardi, Lauren Schneider, it's, Schneider, Mercer, Lizzy Kolar, Kolar, Kolar's Organizations: Walmart, Apple, Bank of America, Compt, CSR, employee's CSA, Fortune Locations: Bentonville , Arkansas, Patagonia, Bentonville —, Bentonville, employee's

☆ Why the pioneering abstract painter Janet Sobel disappeared from the art world at the height of her fame
▼ + stars: | 2024-04-01 | by ( Helen Stoilas | ) edition.cnn.com time to read: +10 min

Edward C. Robison III/Courtesy The Menil CollectionSobel’s rise in the New York art scene was speedy — and short-lived. An untitled Sobel work, featuring totemic figured rendered in crayon and gouache on drawing pad paper. There’s a lot to still learn.”An untitled Sobel work, circa 1946. Courtesy the Museum of Modern Art/The Menil CollectionAn untitled Sobel work, circa 1946-1948. James Craven/Courtesy The Menil CollectionWhat the exhibition demonstrates above all is how innovative Sobel was, in both her media and methods of application.

Persons: Jackson Pollock, Willem de Kooning, Janet Sobel, you’ve, Sobel, Edward C, Robison III, Sol Sobel, Sidney Janis, Janis, “ Janet Sobel, Clement Greenberg, Pollock, ” Greenberg, —, totemic, Paul Hester, Len Sobel —, — Sobel, Baruch, ” Len Sobel, Peggy Guggenheim, Guggenheim, Louise Bourgeois, Lee Krasner, Leonora Carrington, New Jersey —, Natalie Dupêcher, ” Dupêcher, Len Sobel, William Rubin, Rubin, Sobel —, Len Sobel’s, I’m, James Craven, …, ”, Dupêcher, “ Organizations: CNN, Brooklyn Daily Eagle, Art Students League, Arts Club of Chicago, Brooklyn Daily, New, Puma, ”, Museum of Modern Art, National Gallery of Art, Menil, Brooklyn, Pennsylvania Academy, Fine Arts, Guggenheim, EPA, of Modern Art, MoMA, San Diego Museum of Art, Crystal Bridges Museum of American Locations: New York, Paris, Brighton Beach , Brooklyn, Brooklyn, Washington ,, Houston —, Ukrainian, New Jersey, York, Manhattan, Venice, Perth Amboy, Plainfield , New Jersey, Ukraine, Bentonville , Arkansas, America

☆ Walmart Wants to Teach Store Managers Compassion
▼ + stars: | 2024-03-12 | by ( Jordyn Holman | ) www.nytimes.com time to read: 1 min

On a stormy afternoon in Bentonville, Ark., a Walmart regional manager recounted a story about a moment when his humanity came up short. He was 24-year-old store manager anxiously trying to get his workers to set up Halloween merchandise displays. Instead, the workers were gathered around the televisions in the electronics department. He didn’t fully understand what was happening until a worker tearfully laid into him, explaining that she had relatives in New York City. “I didn’t take a minute to survey the room to understand the ramifications of my words and my actions,” the former store manager, David Seymore, now a regional vice president at Walmart, told his listeners.

Persons: ”, David Seymore, “ Organizations: Walmart Locations: Bentonville, Ark, New York City

Walmart said it hasn't made any changes to store managers' pay structure in more than a decade. U.S. managers of the sprawling supercenters, which run about 180,000 square feet, will receive $20,000 in stock grants. Walmart said the stock grants will vest over a three-year period, with ownership for one-twelfth of the grant total coming every quarter. The new starting annual base salary for U.S. store managers will range from $90,000 to $170,000. That means that the average base pay for store leaders will go to $128,000 from $117,000, according to Cedric Clark, executive vice president of store operations at Walmart’s U.S. division.

Persons: hasn't, ”, John Furner, Furner, Cedric Clark Organizations: Walmart, U.S, Hometown, Walmart U.S, Walmart’s U.S Locations: Bentonville , Arkansas, U.S

☆ Walmart raises store managers’ pay for first time in a decade, average hits $128,000
▼ + stars: | 2024-01-18 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +3 min

Now, Walmart is saying it’s going to pay the managers of those stores, charged with that huge responsibility, accordingly, with a new average salary of $128,000 a year. Walmart said Thursday it is boosting the average pay of its store managers from $117,000, or by just over 9%, the retailer announced Thursday. The company told CNN that it hasn’t made any changes to store managers’ pay structures in more than a decade, before a pandemic and all that followed subsequently, including a period of high inflation. Previously, the pay range for store managers was between $65,000 and $170,000, it said. The retailer noted that as many as 75% of its managers began their Walmart careers as hourly workers.

Persons: New York CNN —, hasn’t, ” Cedric Clark, ” Clark, “, CNN’s Nathaniel Meyersohn Organizations: New, New York CNN, Walmart, CNN, Walmart U.S, Target Locations: New York, The Minneapolis, Bentonville , Arkansas, U.S, Washington

NEW YORK (AP) — Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders. Roughly 75% of its store management started out as hourly workers, Walmart said. Walmart said that the store managers' new starting annual base wage ranges will be from $90,000 to $170,000. Walmart announced in January 2023 that U.S. workers would get pay raises the following month, increasing starting wages to between $14 and $19 an hour. Starting wages had previously ranged between $12 and $18 an hour, depending on location.

Persons: Cedric Clark, Clark, “ They're, ”, “ We’re Organizations: — Walmart Inc, Walmart, Walmart's U.S, Auto Care Centers Locations: Bentonville , Arkansas, U.S

However, it offered a cautious outlook and said that shoppers pulled back their spending in late October. Industry analysts are dissecting the data, seeking to shed more light on how consumers are feeling as the holiday approaches. Walmart reported that profits were $453 million, or 17 cents per share, for the three-month period ended Oct. 31. Comparable store sales — those from established stores and online operating over the past 12 months — rose 4.9% for the Walmart U.S. division for the quarter. Global e-commerce sales rose 15%.

Persons: That's, Doug McMillon, it’s, McMillon, Macy’s, Anne Organizations: Walmart, Industry, Shoppers, Federal Reserve, U.S . Commerce Department, Revenue, Walmart U.S Locations: Bentonville , Arkansas, U.S

☆ Walmart is at work on a new degree-free message about getting hired at its corporate headquarters
▼ + stars: | 2023-11-01 | by ( Bob Woods | ) www.cnbc.com time to read: +10 min

"In prior years, people would pursue a cybersecurity college degree," Stomski said. At the same time, Wildavsky stressed that being dismissive about the value of a college degree is a mistake. "This is not about getting rid of college degrees," Stomski said, and she added that many of Walmart's corporate jobs will still require them. Examples of Walmart corporate roles that will not require college degrees including positions in operations and merchandising, but Stomski declined to be more specific. In August 2022, Walmart began eliminating around 200 corporate jobs as part of a restructuring effort amid a more challenging economic environment.

Persons: Terra, Stomski, We're, Lorraine Stomski, Julie Gehrki, Ben Wildavsky, Wildavsky, it's, —, OpenAI, We've, Colleen Ammerman, Walmart's Organizations: Walmart, Walmart Inc, Terra Fondriest, Bloomberg, Getty, Target, Southern New Hampshire University, University of Arizona, University of Denver, Google, IBM, Tesla, GM, Accenture, University of Virginia, College, Marines, LinkedIn, Harvard Business School Locations: Bentonville , Arkansas, workforces, U.S, Minnesota

☆ Walmart to upgrade 1,400 stores with $9 billion investment
▼ + stars: | 2023-10-30 | by ( Siddharth Cavale | ) www.reuters.com time to read: +2 min

On Friday, 117 stores in 30 states will be re-launched showcasing the enhancements, representing investments of more than $500 million, Walmart said in a statement. In total, it plans to modernize more than 1,400 of its 4,717 Walmart stores across the country. As part of those efforts, the company tested some remodeled concept stores called "Stores of the Future" at a few Walmart Supercenters, including Teterboro in New Jersey, earlier this year. Monday's investments mark the national rollout of that concept, a Walmart spokesperson said. The enhanced stores will have refreshed interiors and exteriors, with new paint, updated flooring, modernized restrooms, LED-lighting and new signage for brighter and easier navigation through the stores, the company said.

Persons: John Furner, Siddharth Cavale, Bill Berkrot Organizations: Investment, Walmart, Sam's, Thomson Locations: Bentonville , Arkansas, New Jersey, New York

☆ For Annie Leibovitz, an Opportunity to Work and Build on the Past
▼ + stars: | 2023-10-20 | by ( Laurel Graeber | ) www.nytimes.com time to read: +1 min

This article is part of the Fine Arts & Exhibits special section on the art world’s expanded view of what art is and who can make it. Annie Leibovitz often says she is obsessed. It requires drive, she said, and “you have to be obsessed.”All of these passions — and more — appear in “Annie Leibovitz at Work,” a show of about 300 photographs at the Crystal Bridges Museum of American Art in Bentonville, Ark. The exhibition, which runs through Jan. 29 before traveling to other museums, is unlike any Ms. Leibovitz, 74, has ever done. When Ms. Walton suggested that Ms. Leibovitz might want to exhibit at the museum as well, Ms. Leibovitz replied that she was more interested in making new work than in displaying what she had already done.

Persons: Annie Leibovitz, Abraham Lincoln, ”, Leibovitz, Alice L, Walton, Sam Walton Organizations: Fine Arts, Gettysburg, Crystal Bridges Museum of American Art Locations: Bentonville, Ark, Jan

Another Republican presidential candidate has dropped out of the crowded 2024 field. He said the need to rally around one candidate to defeat former President Donald Trump had become increasingly clear. The GOP front-runner remains hugely popular in the Republican Party, despite making history as the first president to be impeached twice and inciting the Capitol insurrection on Jan. 6, 2021. The Florida governor officially launched his 2024 presidential campaign on May 24 in a glitch-marred Twitter announcement, casting himself as Trump’s only legitimate Republican rival. The wealthy biotech entrepreneur and author of “Woke, Inc.” kicked off his presidential campaign on Feb. 21 with a video and op-ed.

Persons: Will Hurd, Nikki Haley, Donald Trump, Miami Mayor Francis Suarez, Robert F, Kennedy Jr, America's, Roe, Wade, Trump, DeSantis, Trump's Jan, ” Pence, Pence, Scott, “, ”, Christie, ” Christie, “ Tucker Carlson, Gavin Newsom, Johnson, Joe Biden, Biden, Marianne Williamson, John F, Kennedy, West, Meg Kinnard Organizations: Republican, Former, Miami Mayor, GOP, Democratic, White House, White, U.S . Capitol, Republican Party, Disney, Pence, Trump, U.S, Capitol, South, Black Republican, United Nations, Trump Cabinet, Inc, America, Fox News, California Gov, Michigan, Bowl, DEMOCRATIC, Department of Peace, Biden, Green Party Locations: Former Texas, Lago, U.S, Florida, Iowa, South Carolina, North Charleston, Charleston, Jersey, New Hampshire, Arkansas, Bentonville, New York, Dakota, Fargo ., America, Washington, Boston

Equal Employment Opportunity Commission (EEOC)on Tuesday accused Walmart Inc of failing to put an end to severe sexual harassment of female workers by the manager of a West Virginia store and of firing a woman after she complained to the commission. Debra Lawrence, the EEOC's regional attorney in Philadelphia, said preventing sexual harassment requires employers to act "promptly and forcefully." The EEOC filed Tuesday's lawsuit on behalf of a class of female workers who were allegedly harassed by the manager. The commission is seeking an order requiring Walmart to revise its policies on preventing sexual harassment and retaliation, along with backpay and other money damages for the class of women. The case is EEOC v. Walmart Stores East LP, U.S. District Court for the Southern District of West Virginia, No.

Persons: groped, Debra Lawrence, Lawrence, Delaney Anderson, Jason Bailey, Daniel Wiessner Organizations: Walmart, Opportunity Commission, Walmart Inc, Southern District of, Thomson Locations: West Virginia, Lewisburg, Bentonville , Arkansas, Philadelphia, Southern District of West Virginia

☆ 'My wife and I have almost entirely separate finances,' says CFP—'it really helps us to have less conflict'
▼ + stars: | 2023-09-15 | by ( Ryan Ermey | ) www.cnbc.com time to read: +6 min

That's why a recent tweet from Ian Weiner, a certified financial planner and owner of Bespoke Wealth Solutions, stands out. In response to another user who said, "Don't marry someone you wouldn't share a credit card with," Weiner posted, "My wife and I have almost entirely separate finances, AMA." CNBC Make It caught up with Weiner to ask about how he and his wife, Jes — a muralist based in Bentonville, Arkansas — divvy things up. CNBC Make It: You seem to be bucking the trend a little bit by keeping everything separate. She doesn't disregard the future, but I think she would say that, that's not that's not guaranteed, that's not promised.

Persons: Ian Weiner, Weiner, Jes, she's, We've, it's, It's, We're, we've, that's, She's Organizations: CNBC Locations: Bentonville , Arkansas

Walmart's logo is seen outside one of the stores ahead of the Thanksgiving holiday in Chicago, Illinois, U.S. November 27, 2019. The merchandise mix Walmart (WMT.N) will carry rests not purely on retail executives' judgment but rather on software it developed around 2019. Its machine-learning algorithm relies on weather patterns and each store's past sales data to predict inventory needs of its more than 4,700 U.S. locations, a Walmart tech executive told Reuters. Walmart executives say it is aided by its large tech team in India, spanning three cities and employing 11,500. Software directs Walmart workers to use the quickest route while assembling online orders for pickup and delivery, Vasudev said.

Persons: Kamil Krzaczynski, D.A, Davidson, Michael Baker, Doug McMillon, Thomas Hayes, Hari Vasudev, Vasudev, David Klink, Huntington, Nandan Mandayam, Siddharth Cavale, Mark Porter Organizations: REUTERS, Walmart, Reuters, Target, Shoppers, Amazon, New, Great, U.S, Walmart's India, Software, Workers, Hunting Private Bank, Thomson Locations: Chicago , Illinois, U.S, United States, Bentonville , Arkansas, New York, India, Bengaluru, Target's, Walmart's

☆ Exclusive: Walmart cuts pharmacist pay, hours while workload piles up
▼ + stars: | 2023-08-29 | by ( Siddharth Cavale | ) www.reuters.com time to read: +5 min

Walmart also has agreed to pay $3.1 billion as its share of an opioid-related legal settlement, which is adding to its legal costs this year. For example, a pharmacist could go from an 80-hour, two-week pay period to one lasting 64 or 72 hours, said the source, who attended the meeting and spoke on condition of anonymity. On average, the Bentonville, Arkansas-based retail chain pays its pharmacists more than $140,000 a year, excluding bonuses and incentives, according to Walmart. Earlier this year, Walmart scaled back the operating hours of its pharmacies by two hours at more than 4,500 U.S. stores, amid a shortage of pharmacists and pharmacy technicians that began during the pandemic. SHORTAGE OF PHARMACY TECHNICIANSThe underlying reason that chain drug stores like Walmart are scaling back pharmacists' hours is a shortage of pharmacy technicians, Hogue said.

Persons: haven't, Davey Lavergne, Marilee McInnis, Michael Hogue, Hogue, Siddharth Cavale, Jonathan Oatis, Andy Sullivan Organizations: Walmart, Reuters, Dow Jones Industrial, Health, Wellness, American Pharmacists Association, Pharmacy Workforce Center, Pharmacy, Thomson Locations: Arkansas , Tennessee , Missouri , Alabama, Georgia, Florida, Louisiana, Bentonville , Arkansas, Washington, New York

☆ Walmart cuts pharmacist pay, hours while workload piles up
▼ + stars: | 2023-08-29 | by ( ) www.cnbc.com time to read: +2 min

Walmart is asking some of its 16,000 pharmacists across the U.S. to voluntarily take pay cuts and reduce their working hours in a bid to reduce costs, a person familiar with the matter told Reuters. Walmart also agreed in late 2022 to pay $3.1 billion as its share of an opioid-related legal settlement, which is adding to its legal costs this year. For example, a pharmacist could go from an 80-hour, two-week pay period to one lasting 64 or 72 hours, the source said. On average, the Bentonville, Arkansas-based retail chain pays its pharmacists more than $140,000 a year, excluding bonuses and incentives, according to Walmart. Earlier this year, Walmart scaled back the hours it operates its pharmacies by two hours at more than 4,500 U.S. stores, amid a shortage of pharmacists and pharmacy technicians that began during the pandemic.

Persons: haven't, Davey Lavergne, Marilee McInnis, Michael Hogue Organizations: Walmart, Reuters, Health, Wellness, American Pharmacists Association Locations: Arkansas , Tennessee , Missouri , Alabama, Georgia, Florida, Louisiana, Bentonville , Arkansas, Washington

☆ This Small Ozarks Town—Home to Walmart Headquarters—Is Becoming a New Capital of Cool
▼ + stars: | 2023-08-19 | by ( Kathryn O Shea-Evans | Photographs Barrett Emke For The Wall Street Journal | ) www.wsj.com time to read: 1 min

MORE THAN a decade after the Crystal Bridges Museum of American Art opened in 2011 in Bentonville, Ark., I found myself wondering if more art, culture and good food had followed in its wake. Founded by Alice Walton , daughter of Walmart founder Sam Walton, and designed by convention-flouting architect Moshe Safdie, the museum turned a spotlight on this southern city in the Ozarks. Named for the spring that feeds the two ponds that flank it, the museum holds work by artists such as Mark Rothko, Andy Warhol and Georgia O’Keeffe.

Persons: Alice Walton, Sam Walton, Moshe Safdie, Mark Rothko, Andy Warhol, Georgia O’Keeffe Organizations: Crystal Bridges Museum of American Art, Walmart Locations: Bentonville, Ark, Georgia

☆ Two young tech workers share why they relocated to Arkansas from Texas and California
▼ + stars: | 2023-08-14 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

They stayed in Bentonville, Arkansas, for three days and stopped in Fayetteville — about 330 miles from Dallas — for coffee on the way back. Northwest Arkansas, which consists of Benton, Madison, and Washington counties, has become the country's 100th-largest metro area. Northwest Arkansas' plan to bring in new talentCompanies like Walmart, Tyson Foods, and JB Hunt are headquartered in Northwest Arkansas and have been attracting movers for years. The Northwest Arkansas Council tried luring remote tech talent with $10,000 and a mountain bike. Do you work in tech and recently move to Northwest Arkansas?

Persons: relocaters, Nicholas Falldine, Falldine, JB Hunt, John Mayer, Nelson Peacock, Peacock, Chris Thompson, Thompson, he's, Walton's, Keith Myers, jumpstart, —, Fayetteville's, Jordan Pandy Organizations: Service, University of Arkansas, NWA, —, Companies, Walmart, Tyson Foods, Better, Gardens, Northwest Arkansas Council, The Northwest, Kansas City Star, Austin, Census Bureau Locations: Northwest Arkansas, Wall, Silicon, Dallas, Bentonville , Arkansas, Fayetteville —, Benton , Madison, Washington, Austin, Arkansas, Fayetteville, Silicon Valley, Falldine . Northwest Arkansas, Bentonville, The, The Northwest Arkansas, Los Angeles, Philadelphia, homeownership, Tulsa , Oklahoma, Marina Del, Fayetteville Falldine

☆ Native American artist Jeffrey Gibson will represent the United States at the 2024 Venice Biennale
▼ + stars: | 2023-07-28 | by ( Benjamin Sutton | ) edition.cnn.com time to read: +4 min

Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style. (CNN) — Jeffrey Gibson, the Colorado-born, New York-based artist who is a member of the Mississippi Band of Choctaw Indians and of Cherokee descent, will represent the United States at the 2024 Venice Biennale, becoming the first Indigenous artist to have a solo exhibition in the US Pavilion. Gibson’s work mixes many traditions, combining techniques from Indigenous beading, weaving, metalwork and more with the formal language of hard-edged abstract painting, Pop Art sculpture. For his exhibition in Venice, Gibson will create installations inside the US Pavilion, on its exterior and in its courtyard, incorporating elements of performance and multimedia in addition to static works. Jeffrey Gibson Brian Barlow“The last 15 years of my career have been about turning inward and trying to make something I really wanted to see in the world,” Gibson, reflecting on his selection for the Biennale, told The New York Times.

Persons: — Jeffrey Gibson, Gibson, Jeffrey Gibson Brian Barlow “, ” Gibson, Kathleen Ash, Louis Grachos, Abigail Winograd, Jeffrey, ”, Milby, Venice —, ” Winograd, Ruth, Elmer Wellin, Leigh Bowery, Simone Leigh Organizations: The Art, CNN, Colorado -, Mississippi Band, Choctaw, Institute of American Indian Arts, Bard College, Biennale, New York Times, Portland Art Museum, SITE, Portland Museum of Art, US State Department, Boston’s Institute of Contemporary Art, Elmer Wellin Museum of Art, Hamilton College, Biennial, Gallery of Art, Buffalo AKG Art Museum, Denver Art Museum, Crystal Bridges Museum of American Art, Seattle Art Museum Locations: Colorado, New York, United States, Venice, Santa Fe , New Mexico, Navajo, Portland , Oregon, SITE Santa Fe, American, Oregon, New Mexico, Clinton , New York, Bentonville , Arkansas

☆ These are the 3 best markets for long-distance real-estate investors to capitalize on both strong cash flows and property value appreciation, according to an expert who's written multiple books on inv
▼ + stars: | 2023-07-14 | by ( William Edwards | ) www.businessinsider.com time to read: +3 min

David Greene says Alabama, Southern Georgia, and Northern Florida are ripe markets for appreciation. I do think appreciation is likely to be experienced later because of the increasing population that's moving there," Greene said on the podcast. According to Census Bureau data compiled by the National Association of Realtors, Florida's population grew the most in absolute terms out of any US state in 2022, while Georgia grew the sixth-most and Alabama grew the ninth-most. Cities they found where the population grew above 6% last year include Ocala, Florida; Tallahassee, Florida; Savannah, Georgia; and Deltona, Florida. National Association of RealtorsData also shows that median home prices in Alabama, Georgia, and Florida are cheaper than the national median of $436,800.

Persons: David Greene, bullish, Greene, Southern Georgia Daniela Duncan, Austin Organizations: Alabama, Florida Bown Media, Getty, National Association of Realtors, NAR, US Postal Service, National Association of Realtors Data, Rocket Mortgage Locations: Alabama, Southern Georgia, Northern Florida, Phoenix, Nashville, Austin, Alabama Montgomery , Alabama, Northern Florida Pensacola, Florida, New York, New Jersey, Birmingham, Bentonville , Arkansas, Florida's, Georgia, Ocala , Florida, Tallahassee , Florida, Savannah , Georgia, Deltona , Florida, Alabama , Georgia

☆ Amazon's own Prime members prefer Walmart over Whole Foods. It's a worrying sign for the tech giant's grocery aspirations.
▼ + stars: | 2023-06-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Prime members are more likely to buy groceries online at Walmart than Amazon's stores, per a survey. Previously, Prime members could get free delivery from Amazon Fresh if they ordered at least $35 in items. Although they tend to prefer Walmart, Amazon Prime members are much more likely to order from Whole Foods than non-Prime members are. Noam Galai/ContributorDespite Walmart gaining ground, Coresight found that Prime members were still more likely than non-Prime subscribers to order from Amazon-owned grocers. Do you work or shop at an Amazon Fresh or Whole Foods store and have a story to share?

Persons: —, Sujeet Naik, Naik, Coresight, Noam Galai, Jason Buechel, Alex Bitter Organizations: Walmart, Foods, Service, Amazon Prime, Coresight Research, Amazon, Kroger, Costco, Shoppers Locations: Bentonville , Arkansas

☆ Retailers battle for uncertain back-to-school demand after ‘volatile’ quarter
▼ + stars: | 2023-06-06 | by ( Katherine Masters | ) www.reuters.com time to read: +5 min

[1/2] Shopping trolley is seen in front of Walmart logo in this illustration, July 24, 2022. U.S. shoppers' spending in the summer ahead of the college and K-12 school year has grown steadily since 2015, according to the National Retail Federation, a trade group. The chain is stocking Adidas' Samba and Gazelle sneakers ahead of the new school year, it said. The challenge for retailers is predicting whether parents will buy less clothing and sneakers when the cost of necessities - such as pencils, notebooks and laptops - strains many households. Retailers face a "volatile time," said Jessica Ramirez, a senior research analyst at Jane Hali & Associates.

Persons: Dado Ruvic, Locker, Spencer, hasn't, Ralph Lauren, Nordstrom, Doug McMillon, John David Rainey, Jessica Ramirez, Jane Hali, Moody’s, Moody's, Maxx, Martin Waters, Fran Horowitz, Jennifer Foyle, Abercrombie’s Hollister, URBN, Katherine Masters, Siddharth Cavale, James Davey, Gerry Doyle Organizations: Walmart, REUTERS, National Retail Federation, Ulta, Adidas, U.S . Commerce Department, Associates, Target, Moody's Victoria’s, Abercrombie & Fitch, Urban Outfitters, Abercrombie, Fitch, Free People, Thomson Locations: Britain, U.S, North America, New York, Bentonville , Arkansas, London

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