Vaccinations the rollout of which retailers are supporting could help lift consumer spending, the NRF says.
The ongoing vaccination rollout in the U.S. an effort supported in large part by retailers will help spark more consumer spending this year, and lead to year-over-year retail sales growth of between 6.5% and 8.2%, according to the National Retail Federation (NRF).
Its latest annual forecast predicts retail spending of more than $4.33 trillion this year a year when all hopes are focusing on getting back to some type of normal, a situation that leads to more retail revenue and other good economic news. The NRF report adds reason for cautious but solid optimism about those issues.
Singer Patti LaBelle has taken part in Walmart Cookshop, a free interactive video hub.
Celebrities and interactive videos and related tools could help Walmart gain more power among food retail shoppers.
In another example of how retailers of all types including those selling groceries are trying to deepen the consumer experience, Walmart and Eko, an interactive video company, are expanding Walmart Cookshop. The free interactive video hub offers custom content from such celebrity chefs and hosts as Jamie Oliver, Sofia Vergara, Patti LaBelle and Ree Drummond, a.k.a. The Pioneer Woman.
Walmart Cookshop has gained 22 new episodes, including a special featuring Sofia Vergara and her son Manolo. New episodes of Tasty, Shortcut Chef, Veggie Boost, Mystery Basket and Over the Top are now available, along with a variety of improved features and updates to the Walmart Cookshop interface, including updated player controls, a “My Favorites” section to save recipes, a new
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All it took was 38 years in existence (first store opened by Walmart founder Sam Walton in 1983 in Midwest City, Oklahoma) and a health pandemic. The chain which often goes overlooked by Walmart (WMT) investors and plays a backseat in the hearts of Americans to rival Costco (COST) is coming off an eye-opening year as shoppers made fewer trips to stories but bulked up the size of their baskets when they did visit. Sam's Club saw net sales.
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