Headlines

Walmart Poised for Profitable Holiday Season

The big box retailer has navigated supply chain and labor issues.

Published

2 years ago

November 18, 2021

INSTORE Staff

Walmart (Bentonville, Ark.) raised its annual sales and profit forecast thanks to an expected glut in demand for toys and apparel during the holidays, reports Yahoo! Finance.

“We have the people, the products, and the prices to deliver a great holiday season for our customers and members,” CEO Doug McMillon said.

Despite supply chain woes that have plagued most retailers in the third quarter, the big box giant has maintained low prices to keep shoppers returning and chartered its own ships to transport products ahead of the holiday rush. Walmart was able to increase its U.S. inventory by 11.5 percent ahead of the holiday shopping season. It has also hired more than 200,000 new store and supply chain employees in preparation.

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”