The thing that makes Jet special is that unlike Amazon, or most retailers really, Jet doesn't make money by selling products. Operating as a marketplace for third party sellers, it makes money by charging customers a $50/year membership fee. Then, it takes the money it would make if it kept commissions on sales and passes it on to the consumer as savings.
Thirteen major US companies today took the White House's "American Business Act on Climate" pledge to slash their greenhouse gas emissions to slow climate change. The pledges commit to at least $140 billion in new low-carbon investment.
Edward Hejtmanek, environmentalist, radically peaceful small business owner and angry neighbor of South Fayetteville's new Walmart Neighborhood Market, wants you to prepare yourself and your town for the threat of a Walmart takeover by considering these 10 questions.
Starting next year, the Altadena Walmart, which opened in March 2013, will be paying all of its employees at least $10.50 an hour and will be paying $15 an hour by 2020. If you think that the Waltons -- the heirs to Walmart founder Sam Walton -- suddenly developed a social conscience, think again.
We asked bargain experts which retailers were best -- and worst -- for cutting prices during summer on everything from patio furniture and summer fashions to back-to-school supplies and laptops.
Where Walmart goes, others follow. And that can have a profound effect on how and what our country purchases. Still, the company could do much better. And it could start by being honest about the numbers behind its purchasing pledge.
A new trend in international development has paired some unlikely business partners: development finance institutions and impact investors are working with large multinational corporations to fund projects that advance both development and business agendas.
When we think about summer, many of us think about baseball games, BBQs and family vacations. For some families, summer can also be a time of uncertainty and hunger. Feeding and taking care of the people that need help in our own country, in our own communities, has always been important to me.
Have you seen the new Walmart commercials? They're fabulous. They're heartwarming. They bring back any faith in humanity you may have lost. Actually, they're a spectacular exercise in disingenuous, masturbatory fiction.
It is time for Walmart to take a leadership role, not just in size and revenue, but in social responsibility. And Walmart can actually take action today. Walmart's actions, both good and bad, will strongly influence its suppliers and competition.
Why so much activity stirring around the boundaries of gender? And why now? As cultural insight mavens, we see something fundamental taking place. Some people are calling it the Fourth Wave of feminism. Fed up with everyday sexism and forged by other forms of activism, women are empowered by social media and other communications technologies.
Because it's Walmart, this is the most definitive statement yet that the era of confining farm animals in cages will come to an end. We applaud the company for adopting a comprehensive animal welfare policy, which comes on the heels of declarations and pledges from dozens of other major food retailers against gestation crates, battery cages, and tail docking of dairy cows.
One strategy focuses on getting elected officials in local and state governments to adopt minimum wages above the federal level. The other strategy involves putting pressure on major employees -- typically highly visible companies that depend on positive public relations to gain consumers' dollars -- to raise the wages of their employees.
The Obamas are proving singularly inept at choosing appropriate venues to highlight their initiatives.
A "Buffalo Jump" is a cliff where Native Americans killed bison in mass quantities. They stampeded the bison over the cliff while others waited below to kill the disabled animals with spears and bows.
Watching the news these days is like watching a long-running soap opera. You can tune out for years, check back and discover that your favorite character is still dying or still having that baby.