to former Walmart executive Bobby Martin - though he will remain on the board. Adbrands Daily Update 17th Jan 2020: Gap Inc's plans to spin off Old Navy as a separate traded company, first announced

of opening 500 FedEx Office concessions inside US Walmart stores, and there are separate partnerships in place with Walgreens, Dollar General, Kroger and Albertsons for package drop-offs, and with the

most recently COO of the ecommerce operation of Walmart-owned Sam's Club, as its new CEO. He takes over from interim chief Scott Schenkel, who returns to his previous role as CFO. Iannone previously worked

its principal competition now comes from Walmart and Amazon. Mainstream outlets stock a full range from traditional sports such as football, golf, and tennis to general fitness and outdoor activities,

of sales. Its main US rivals are Walmart's Sam's Club, founded at around the same time in the 1980s, and BJ's Wholesale Club. In fact, Costco is the biggest of the three by revenues (though not outlets)

In 2019 it acquired from rival Synchrony Walmart's credit card business, adding millions of new customers to its portfolio. As a result of the steady expansion of its banking services it is now the 4th

face increasing competition from mass-merchandisers Walmart and Target, both of whom have moved aggressively into consumer electronics, as well as online stores such as Amazon. See Retail Sector index

Shortly afterwards, Walmart and Kroger's Fred Meyer chain followed suit in barring sales to under-21s. Both had already previously stopped selling assault weapons. Adbrands Weekly Update 13th Oct 2016:

The biggest private label brand is Walmart's Equate. International competitors include Essity in European markets (with Bodyform, Libra, Vania and other brands), Accantia in the UK (Lil-Lets), private

and #3 groceries retailer overall (behind Walmart). It oversees an extensive collection of more than 20 different regional supermarket banners. Albertsons and Safeway get top billing, but the collection