It appears one of the world''s top retailers, Walmart Inc (NYSE: WMT ), is making moves to improve its e-commerce business after the company on Wednesday introduced a new and innovative shopping experience that makes it easier for customers to shop for clothes online. What Happened: Following Walmart''s acquisition of virtual fitting room platform Zeekit last year, the company is rolling out the acquired technology for customers shopping on Walmart.com or the mobile app. "One of the most frustrating aspects of shopping for clothes online is understanding how an item will actually look on you," Walmart said in a news release . "With Zeekit, our goal is to deliver an inclusive, immersive and personalized digital experience that will better replicate physical shopping." Beginning Wednesday, Walmart customers are able to access the "Choose My Model" experience. The … Full story available on Benzinga.com
President Joe Biden said Tuesday that someone who has tested positive for the virus will be able to get antiviral pills during the same visit at no cost.
NEW YORK, March 02, 2022 (GLOBE NEWSWIRE) -- To celebrate International Women''s Day, Women''s CoLab is hosting a free virtual event on Tuesday, March 8, organized by founding member Verizon with Bustle Digital Group, and featuring Create & Cultivate founder Jaclyn Johnson, and a host of executives from Chipotle, Kimberly-Clark, Walmart and more. While International Women''s Day is a day to celebrate the achievements of women, there is still a long way to go: according to the National Law Center, 1.1 million women left the labor force since February 2020 and have yet to return. Women''s CoLab and its partners for this virtual event will provide women, both in the workforce and those returning, with the advice and inspiration to realize their career ambitions. "Women still face structural barriers when navigating their careers, which is why Women''s CoLab provides resources, workshops, events and a community of support for women in all stages of their professional journey," said Samantha Hammock, Chief Human Resources Officer at Verizon. "Events such as this one are crucial to ongoing conversations about the realities women …

Walmart Rolls Out a New Virtual Fitting Room Tool

05:58pm, Wednesday, 02'nd Mar 2022 Adweek
Walmart is rolling out a new digital tool aimed at bringing the fitting room into shoppers'' homes. The big box giant''s new feature allows customers to choose a model that most resembles them and see how a piece of clothing looks superimposed on that person''s body. The launch comes nearly a year after Walmart acquired…
Last May, Walmart announced its acquisition of the virtual clothing try-on startup Zeekit, which leveraged a combination of real-time image processing, computer vision, deep learning and other A.I. technologies to show shoppers how they would look in an item by way of a simulation that takes into account body dimensions, fit, size and even the […]
Last May, Walmart announced its acquisition of the virtual clothing try-on startup Zeekit, which leveraged a combination of real-time image processing, computer vision, deep learning and other A.I. technologies to show shoppers how they would look in an item by way of a simulation that takes into account body dimensions, fit, size and even the […]
The retailer is rolling out the high-tech feature after acquiring a virtual fitting room start-up, Zeekit.
The man appeared to reach for a handgun during a struggle at a Walmart in Lake Forest, authorities said as they released footage of the incident.

Target Joins Walmart and Amazon in Retail''s Big 3

05:18pm, Tuesday, 01'st Mar 2022 The Street
Target''s resurrection under Chairman and CEO Brian Cornell has reached an inflection point as the retail giant reported sales in excess of $100 billion.
Jim Cramer and Jeff Marks discuss several companies that have higher cash flows and can generate more dividend yields for investors. They are selling some of their Nucor shares to buy Walmart and eyeing Wells Fargo and Salesforce stock levels.

Sell the Rip in Target? Here''s My Plan

02:55pm, Tuesday, 01'st Mar 2022 The Street RealMoney
I see Target rival Walmart as better positioned technically to build from here.

Walmart Stock: Dead Money Walking?

02:38pm, Tuesday, 01'st Mar 2022 The Motley Fool
Walmart''s massive size and bloated valuation could make it a short-term loser.
Releases Preliminary Fiscal Year 2021 Net Sales and Adjusted EBITDA Expectations Claire''s Holdings LLC ("Claire''s" or the "Company"), today announced certain unaudited preliminary fiscal year 2021 results. For the 2021 fiscal year, the Company expects to report: Global Net sales of $1.395 billion, growth of 53% over fiscal year 2020 and growth of 9% over fiscal year 2019. Global Same store sales growth of 18%, with North America growth of +27%, led by strong ear piercing, and Europe down -2%, driven by continued COVID-19 restrictions and closures. Against 2019, global same store sales were up 11%, with North America growth of 19% and Europe -7%. Concessions sales of $94 million, growth of 70% over fiscal year 2020, fueled by growth across retail partners in both North America and Europe. Adjusted EBITDA between $273 million and $277 million. Capital Expenditures between $65 million and $70 million reflecting growth and diversification of our retail footprint as well as key systems investments. "We are extremely pleased with our fiscal 2021 global sales growth of 53% and preliminary adjusted EBITDA in a range of $273 to $277 million.

Target raising minimum wage to $24 for some workers

09:00pm, Monday, 28'th Feb 2022 Deseret
A hiring sign is in front of a Target store in Manchester, Conn., Nov. 39, 2021. Workers at Target stores and distribution centers in places like New York, where competition for finding and hiring staff is the fiercest, could see starting wages as high as $24 an hour this year. The Minneapolis-based discount retailer said Monday, Feb. 28, 2022 that it will adopt minimum wages that range from $15 to $24 an hour, with the highest pay going to hires in the most competitive markets. It currently pays a universal starting wage of $15 an hour. Ted Shaffrey, Associated Press Target employees at stores and distribution centers in places like New York may see their wages as high as $24 an hour. The latest: The retailer said that the minimum wage will be in the range of $15 to $24 an hour. The company also plans to spend an additional $300 million on its labor force this year, which includes better health care coverage for hourly employees. According to the Wall Street Journal , store associates at the company who work at least 25 hours a week can now enroll in a Target medical plan, lowered from the minimum 30 hours a week.

Biden''s high court choice defies expectations on labor cases

08:55pm, Monday, 28'th Feb 2022 New Haven Register
DETROIT (AP) — Labor unions and worker advocates have applauded President Joe Biden’s nomination of Judge Ketanji Brown Jackson for the Supreme Court. Yet a look back at Jackson''s decisions in cases involving business and labor suggest that she won’t always rule as they want or expect her to. Though Jackson is widely seen as a liberal on social and economic issues and as a defender of workers’ rights, her decisions, as a federal district court judge and then as a federal appellate judge since last year, defy easy categorization. “She’s as likely to rule for a corporation in a race discrimination claim as she is for the plaintiff,” said Ted Ruger, dean of the University of Pennsylvania Law School, who served with Jackson on the Harvard Law Review during law school. “Like any judge who follows the law and listens to the evidence in the case, she may disappoint some who always want a predictably liberal outcome.” Out of 40 employment and business-related rulings reviewed by The Associated Press, Jackson ruled for the defendants 30 times since 2013 while serving as a judge on the U.S.
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