retail news in context, analysis with attitude

BloggingStocks.com reports that Walmart “has created an initiative it's calling ‘Global.com’ that will try to standardize the online and brick-and-mortar interactions customers have in the global markets where it operates.” The analysis suggests that Walmart “is basically trying to out-do Amazon.com here, which already has a global footprint that provides the same experience no matter where the customer is located. The only problem: it has no physical stores (which is an advantage; a large one). While Walmart has been trying to integrate its Walmart.com U.S. division to more closely work with its actual store locations, Amazon.com has been having some of the best quarters in its entire history recently. Walmart's impressive effort here to integrate the merchandising between its offline and online stores would give it a unique position among large retailers.”

Reuters reports that Walmart will pay $11.7 million to settle a gender discrimination suit, filed by the US Equal Employment Opportunity Commission (EEOC), charging that the retailer had hired men for warehouse jobs in Kentucky while denying jobs to equally or better qualified female applicants. While it will write a check, Walmart is not admitting any wrongdoing as part of the settlement.
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