Walmart Closes in on Deal with Flipkart
Walmart is likely to close in on purchasing Indian ecommerce company Flipkart by the end of June. Here is what this could mean for the ecommerce market in India.
Walmart
Walmart Launches Four New Private Brands
Walmart announced it is launching four new private brands in the apparel category, two for women and one each for men and children. The company said the new brand rollout is intended to create a one-stop destination for fashion as well as everyday essentials, electronics and the rest of the broad assortment of categories.
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.
Judith McKenna Named President and CEO of Walmart International
Walmart Stores Inc. announced that Judith McKenna will be promoted to President and Chief Executive Officer (CEO) of Walmart International, the company’s second-largest operating segment.
Walmart Closing 63 Sam’s Clubs, Turning 12 into Ecommerce Fulfillment Centers
In the kind of move that many industry observers have talked about, Walmart said it plans to close 63 Sam’s Club stores, while converting 12 of them into ecommerce fulfillment centers. The facilities will close over the next few weeks, the company said. Here is what Walmart has planned for these locations and what it could mean for its ecommerce business.
Top Retail Trends for 2018: Industry Experts Share Their Predictions
In 2017, we saw a tremendous number of changes happen in the retail industry. Artificial intelligence and virtual/augmented reality were just starting to take flight in terms of marketing to customers. Here is what several experts predict for 2018.
Walmart Increases Prices for Some Online Products
Walmart started charging higher prices online than in store for some items, in an effort to offset shipping costs and drive more shoppers to its brick-and-mortar locations. See how Walmart will differentiate prices for both channels.
Voice Shopping Gets Real as Major Players Ramp Up the Competition
Voice shopping just got a lot more realistic with the recent moves by Amazon, Apple, Google and Walmart to drive voice-activated shopping into more and more homes. Here is what retailers need to know about how voice shopping is changing the retail landscape.
Is Birchbox Looking for a Potential Buyer?
Is there another ecommerce acquisition brewing? Birchbox has reportedly been discussing a potential sale with several retailers, including Walmart.
Walmart Asks Partners and Suppliers to Get off Amazon Web Services
In the wake of Amazon’s announcement that it plans to acquire Whole Foods for $13.7 billion, Walmart is asking its partners and suppliers to take their software services off of the Amazon Web Services cloud network.