Multichannel Merchant Week In Review The News, Commentary & Events that Shaped Commerce This Week

week of 2/23/2018
Walmart Cites Operational Issues in Q4 Ecommerce Slowdown
Due in large part to inventory management issues around the critical holiday period, Walmart reported a serious slowdown in its booming ecommerce growth during the fourth quarter, which increased 23% compared to a 50% gain a year earlier. See what these challenges were for Walmart and what it meant for sales in the fourth quarter. …»
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Texas Grocer H-E-B Acquires Austin-Based Favor Delivery
In a smaller version of December’s Target-Shipt deal, Dallas-based grocery chain H-E-B is acquiring Favor Delivery of Austin, an app-based service with access to 50,000 “runners” across Texas.…»
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Albertsons and Rite Aid to Merge
Albertsons and Rite Aid plan to merge, with Rite Aid top executive John Standley as CEO and Albertsons chairman and CEO Bob Miller as chairman. Terms of the deal were not disclosed. See how the merger will expand Rite Aid's omnichannel operations. …»
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Mercado Libre to Open First Distribution Centers in Mexico
Leading Latin American online marketplace provider Mercado Libre is adding its first distribution centers, building two in Mexico to help improve its logistics in that country and better compete with Amazon.…»
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Toys R Us Closing 200 More Stores, Prospects Growing Dim
Embattled toy and game chain Toys R Us plans to close another 200 stores, and its web relaunch didn’t happen on schedule, prompting many observers to cast doubts on its future viability. This is on top of a previously announced closure of 170 stores in April.…»
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