Walmart to Use Tencent Holdings’ WeChat Pay

News stories did not say whether WeChat Pay will be integrated with Walmart’s QR-code based payment app Walmart Pay. Walmart Pay is one of the fastest growing payment solutions in the United States.

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The Retail Apocalypse is Alive and Well

Giving Walmart workers an extra $8 or $9 a day might have little or no impact on the economy. Walmart clerks can now afford to buy lunch at In-N-Out Burger; rather than at McDonald’s, how does that benefit the wider economy? Much higher wages will be needed for a real economic stimulus.

It remains to be seen if the $1,000 bonus and wage hike will have any effect on Main Street. Giving average families an extra $1,000 to pay off $1,000 of their credit card debt, might not do much for the economy. The average U.S. household now owes $15,654 in credit-card debt, Nerdwallet estimated.

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Dollar General is Bigger than Sears

A milestone has been reached in the world of American retail; Dollar General’s (NYSE: DG) sales are greater than those of Sears Holdings (NASDAQ: SHLD).

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Did a Major U.S. Retailer Just Collapse and Nobody Noticed It?

Rite Aid, which operates around 4,600 drugstores in 31 states and the District of Columbia, is about to be taken over by Walgreen Boots Alliance (NASDAQ: WBA). The press is treating the deal as just another corporate buyout, but to me, it sounds as if a very desperate Rite Aid effectively sold itself to Walgreens to avoid the humiliation of bankruptcy or the death spiral

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Kroger’s Revenue Growth Now Exceeds Walmart’s

Get the picture, folks; the amount of Kroger’s revenue growth exceeded Walmart’s by $1.66 billion. That should be of concern to Walmart investors and to its executives because Walmart reported a market cap of $232.43 billion and an enterprise value of $274.63 billion on June 15, 2015. Kroger had a market cap of $35.07 billion and an enterprise value of $45.62 billion on the same day.

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Five Trends That Are Changing the Grocery Industry

The writing is on the wall: today’s value shoppers want healthy, quality foods that are convenient but sold at the lowest price possible. Those trends seem to benefit Kroger, Whole Foods, Trader Joe’s, and Costco Wholesale. A potential loser here is Walmart (NYSE: WMT), which has a reputation for low quality and lousy customer service.

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Why Sprouts Needs to Grow and Grow Fast

The only way Sprouts would be able to compete with Kroger, Costco and Wal-Mart in deep discounting is to match their wholesale buying power and distribution networks.

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