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Hi. I'm Aaron Weinman. The most interesting thing I learned when I first visited a Walmart was the sheer range of goods the retailer has on offer. Turns out that diversity extends to services — specifically banking — too. Walmart has sewn the seeds for a thriving fintech for some time. In January last year, […]
Jet.com Jet.com is relaunching its website with a focus on a unique experience and a carefully chosen assortment of brands and merchandise. The Walmart-owned e-commerce site is also bringing in key retail partners like Nike, which will debut on the site in September. Jet is also launching same-day grocery delivery in the New York City […]
Over the past few weeks, Walmart executives have sketched a picture of the company’s future that features more self-checkouts and a grocery-delivery business—soon escalating to 100 cities from a pilot program in six cities. Personal shoppers will fill plastic totes with avocados and paper towels from Walmart store shelves, and hand off packages to crowdsourced […]
GUEST: This week investors held a collective freakout over the fact that Walmart’s online sales grew at just 23 percent over the fourth quarter of 2017, down from 50 percent the previous quarter. They tanked Walmart’s stock by 10 percent, its biggest one-day decline in several decades. While I also happen to be bearish on […]
(Reuters) — As Amazon.com looks to upend the U.S. grocery market with home delivery, some veteran supermarket operators are betting on a different strategy: curbside pickup. Americans have long loved the convenience of drive-through service for burgers and coffee. Kroger Co and Walmart Inc are tweaking that formula for groceries. The companies have invested heavily […]
Paras Griffin/Getty Images for 2017 ESSENCE Festival Walmart’s CEO’s favorite book of 2017 is “The Content Trap.” “The Content Trap” is by a Harvard Business School professor and argues that every company (and person) is a media company due to the rise of digital tech. Walmart is making major investments in digital. Walmart’s CEO’s favorite […]
Walmart gathers more data than any other US retailer on what Americans are buying, thanks to its sheer size. The company recently analyzed Walmart.com data to find out which items are the most popular in every state, and shared the results with Business Insider. There were some products that were popular across the board, including mulch, microwave […]
Walmart has been battling it out with Amazon for some time now and last year it purchased Jet.com to give it an online edge. At the time, Walmart said that the acquisition would bring “fresh ideas and expertise, as well as an attractive brand with proven appeal, especially for millennials.” Now it’s using Jet.com to […]
If anyone can take a bite out of Amazon, it’s the combined forces of Walmart and Google. https://media.wired.com/photos/599da3180d6c7e7125178f34/master/pass/WalmartSparkLogoBlue-HP.jpg Feed: All Latest
Here’s this week’s newsletter: Last week, VentureBeat invited Amazon, Facebook, Google, IBM, and other giants of AI into a big tent with brands like Coca-Cola, The New York Times, Tumi, and Walmart, as well as such promising startups as Bark.us, Mezi, Visabot, and Octane AI. The gathering was MB 2017, and the need for practical […]
