Wal-Mart
Walmart has hired Scott Eckert to run its investment arm and startup incubator, Store No. 8, according to an internal memo from Marc Lore, the retailer's head of e-commerce on Monday, and obtained by Reuters. Eckert is a former executive of Bain Capital Ventures, where he evaluated potential new investments and advised CEOs about existingโฆ
In a blog post yesterday, Marc Lore, president and CEO of Walmart eCommerce, announced that Walmart will begin rolling out next-day delivery for more than 220,000 items on its website, including pet food, diapers, paper towels and laundry detergent, this week. Customers must spend at least $35 to be eligible for next-day delivery. "NextDay" deliveryโฆ
Walmart announced this week that it's planning to open up dozens more in-store veterinary clinics as well as launch its first online pet pharmacy, hoping to lure more U.S. pet owners who are spending billions of dollars each year. Walmart currently operates 21 veterinary clinics in its stores across six states, but over the nextโฆ
Amazon.com has become synonymous with online shopping. Just as โgoogle itโ or โI need a Band-Aidโ have become colloquialisms, so has โorder it on Amazon.โ I work with dozens of millennials and have a 5- and 7-year-old at home, and whenever they need something, their first response is โget it on Amazon.โ The โculture ofโฆ
Total Retailโs Caitlin Sullivan and Joe Keenan discuss a few trends emerging in retail for the upcoming shopping holidays.
A program Walmart announced last summer that lets store associates opt into delivering e-commerce ship-from-store orders quietly ended in January, according to company documents obtained by Reuters. The program was tested at three stores โ two in New Jersey and one in Arkansas โ and the idea was that store employees would bring online orders directly toโฆ
Clay Johnson, executive vice president and CIO, Walmart, isn't afraid to fail. This was a key revelation gleaned from a discussion he had with Debbie Hauss, editor-in-chief, Retail TouchPoints, at the Retail Innovation Conference in New York City this week. โIโm one of those people who uses a fail fast model,โ Johnson said. โThe paceโฆ
A flurry of management changes have taken place at leading retailers recently, including Jet.com, ModCloth and Tapestry. Jet.com: Walmart's Jet.com has named Tesco veteran Simon Belsham as president of the e-commerce company, effective immediately, the company told CNBC on Monday. Belsham will be responsible for expanding Jet's online grocery business, Walmart E-Commerce CEO Marc Loreโฆ
FedEx Office, a subsidiary of FedEx Corp., and Walmart said yesterday that FedEx Office will bring its small-format stores for printing, packing and shipping into 500 of Walmart's stores nationwide in the next 24 months. The announcement comes after completion of a successful pilot program spanning 47 locations within Walmart stores across six states. Besidesโฆ
Walmart said yesterday that it's raising its age restriction to 21 for firearm and ammunition purchases. In a statement published on its website yesterday, the retailer said it made the decision in light of recent events and will try to implement this change "as quickly as possible." Walmart also pointed out that in 2015 it ended sales of certain sporting riflesโฆ