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.
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.
Listening to current retail technology discussions, it’s safe to say that artificial intelligence is the early favorite for buzzword of the year, with countless taglines promising unprecedented productivity improvements based on AI. Here is what you need to know about AI and the difference between traditional and advanced forecasting.
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.
If you read the headlines, it seems like 2018 already belongs to Amazon. However, it doesn’t need to be this way. Retailers can use their own strengths and go up against Amazon this year. Here are three ways to make this happen.
Walmart subscription bulk buying subsidiary Sam’s Club is rolling out an Amazon Prime-like service offering unlimited free shipping on nearly all items for its Plus members at $100 a year, $1 more than Prime charges, with no minimum order threshold.
Walmart has added features to its mobile app to help customers navigate stores quicker, including making Walmart Pay, the search bar and scanner more accessible and user friendly. See what these enhancements are and the plans why mobile commerce is such an integral part of the shopping experience.
Levi Strauss & Co. said its direct-to-consumer sales grew 20% in the fourth quarter and 15% for fiscal 2017, based on performance and expansion of the company’s retail network and its ecommerce growth. Here is what CEO and President Chip Bergh had to say about the quarter.
While ecommerce continues to boom, e-fulfillment strategies are not keeping pace with this growth. Online orders present inherent challenges that can quickly drive up fulfillment costs. In this Special Report from Multichannel Merchant, learn what both enterprise and mid-market companies are doing to gain efficiency and productivity in their e-fulfillment operations.
While everyday use of virtual reality in retail may be a few years off, Walmart and its Store No. 8 innovation and incubator division are looking to get ahead of the curve with the acquisition of startup Spatialand.