Walmart is meeting large consumer goods companies and advertising agencies

Eighty-seven percent of shopping in the United States still happens in stores, but Walmart is having meetings with large consumer goods companies and advertising firms to pitch its advertising business. The event is Walmart’s effort to grow its advertising business and challenge online advertising leaders Alphabet’s Google, Facebook and Amazon.com.

US consumer purchases gains

US retail sales rose 0.2 percent in January 2019, helped by an increase in purchases of building materials and discretionary spending. The report from the Commerce Department was delayed by the 35-day partial shutdown of the federal government that ended on January 25, 2019. Excluding automobiles, gasoline, building materials and food services, retail sales gained 1.1 […]