Walmart Plans to Acquire ModCloth
Walmart is planning to acquire 15-year-old online vintage-inspired apparel retailer Modcloth. See what plans the big-box retailer has in place for Modcloth and what it means for them.
Walmart
Target to Invest $7B Over 3 Years In Digital, Other Moves
Target plans to invest $2 billion this year, and $7 billion over the next three years as it looks to boost its digital initiatives, support new brands and expand its smaller-store footprint, taking a page from the playbook of main competitor Walmart.
Amazon Lowers Free Shipping Threshold to $35
In a quick counter-salvo, Amazon recently lowered the free shipping threshold for non-Prime members from $49 to $35, a response to Walmart’s move earlier this month.
The speed with which Amazon changed its policy is an indication of just how seriously it is taking ecommerce competition from the world’s largest retailer.
UPS Tests Drone Delivery in Florida
UPS recently conducted a successful drone delivery test to a home in a rural area outside Tampa, FL, launching it from the top of a delivery truck. The drone was from electric truck and drone developer Workhorse Group. See what other drone projects UPS has in the works, how it is working with the FAA and how it sees the future of drone delivery.
Walmart Making Great Strides in Ecommerce
Walmart is seeing payoff from its significant investments in ecommerce, growing online sales 29% in the fourth quarter while gross merchandise value (GMV) increased 36.1%. See what plans Walmart has in place to increase its ecommerce footprint.
7 Ways to Control Parcel Shipping Costs
Giant omnichannel players such as Walmart, Bed Bath & Beyond, Pier 1 Imports and Target have lowered their free-shipping thresholds to better compete with Amazon. Here are how merchants of all sizes can look into their operations for ways to control their shipping costs.
Walmart Acquires Moosejaw for $51 Million
Walmart has acquired Moosejaw for $51 million. See what this means for the outdoor apparel and gear retailer and for Walmart.
Walmart Increases Its Stake in JD.com
Walmart announced it is once again increasing its stake in Chinese ecommerce marketplace JD.com to 12.1%, seeing this as a better route into the massive market than an asset-heavy play. See what this will mean for ecommerce in China moving forward.
Walmart Goes After Amazon with Free Two-Day Shipping
Firing yet another salvo in its ongoing ecommerce war with Amazon, Walmart is eliminating its fee-based ShippingPass program that was designed as a counter to Amazon Prime, instead offering free two-day shipping on 2 million items at a $35 order threshold.
Lore Continues to Shake Up Walmart Ecommerce
Jet.com founder and CEO Marc Lore continues to shake up Walmart’s ecommerce operation as it continues to pursue Amazon, including hundreds of layoffs and several executive moves.