Walmart Looks to Sell ModCloth as it Battles Ecommerce Red Ink

| Daniela Forte

As was expected since ecommerce losses are mounting, Walmart is looking to shed one or more of the several digitally native vertically integrated brands it picked up on a shopping spree that began after the game-changing Jet.com acquisition in 2016, with ModCloth being first up on the block.

Walmart Sees 37% Sales Growth in Ecommerce in Q1

| Daniela Forte

Walmart reported 37% growth in ecommerce sales in the first quarter, with online grocery, home and fashion categories as the primary drivers. Total revenue for the quarter was $123.9 billion, an increase of $1.2 billion or 1%.

Walmart Removes Products from Google Express, Shopping Actions

| Daniela Forte

Walmart is removing its products from the Google Express delivery service and the Google Shopping Actions platform, after offering them there for a little over a year in an effort to grow ecommerce sales and do battle with Amazon. Here is a look back at the Google and Walmart partnership.

Walmart to Acquire Bare Necessities, Continues Brand Shopping Spree

| Daniela Forte

Walmart, refusing to slow down, announced the acquisition of Bare Necessities, adding an online intimates retailer to its list of ecommerce properties. This news comes hot on the heels of the retail giant’s October purchase of plus-sized fashion retailer Eloquii. Here is why Bare Necessities fits well into Walmart’s group of acquired ecommerce brands.