Category Archives: E-Commerce

Walmart Plans Polymorph Labs Tech and Assets Acquisition — Walmart.com

Walmart announced its plans to acquire the assets and technology of Polymorph Labs in hopes of enhancing Walmart’s in-house ads technology: “Today, we’re excited to announce our plans to acquire technology and assets of Polymorph Labs, a Silicon Valley-based advertising startup that will help take our advertising business to the next level.“ P.S. This is another tech-based acquisition that demonstrates Walmart’s commitment to dominating online and offline marketing and sales. Learn how you can keep up with omnichannel changes in...

Read More

Gen Z Loves Brick & Mortar — Mediapost.com

Gen-Z shoppers enjoy the brick & mortar shopping experience: “Gen Z are ‘more traditional shoppers than millennials,’ said Katherine Cullen, director of retail and consumer insights for NRF.  ‘They are killing the idea that online and offline are separate. They’re really intertwining the digital and physical worlds and balancing digital experience with what they expect in the physical environment.’” P.S. Speaking of Gen-Z, you may well have some interns and new graduates working for you this summer. Our Supplier Boot...

Read More

Walmart Suppliers, Item Creation has Changed!

  Just when you were comfortable going through the item setup process, Walmart revolutionizes! Like everything else, there’s an adjustment period, but it will be worth it for your business. Joel Graham has been teaching and helping suppliers with the new process. This week on the podcast, we discuss some of the questions suppliers have been asking and best practices for learning the new process. Also, we want you to remember no matter what issue you’re facing with the new...

Read More

Katie Finnegan to Leave Walmart — Retail Dive

Katie Finnegan, head of Store No. 8, has announced her departure from the company. “Katie Finnegan, principal of Walmart’s incubation arm, Store No. 8, and CEO of video commerce company Spatialand, which was acquired by Store No. 8, will be leaving those companies, a Walmart spokesperson confirmed to Retail Dive via email. Her last day will be June 7.” P.S. While the cast and crew at Walmart may change over time, the company’s commitment to serving its customers has not....

Read More

Analyst: Amazon Plans to Beat Walmart on Price — CNBC

Business analyst and television show host Jim Cramer believes that Amazon’s next move in the retail chess-game will be to beat Walmart on price: “Cramer, the host of ‘Mad Money,’ said his sources at Amazon indicate to him that ‘whatever Walmart is doing’ on prices, Jeff Bezos’ e-commerce giant ‘will come under’ it.” P.S. Keeping costs down is critical to delivering on price. What are you doing to improve productivity and lower costs? Our experts can help. Schedule an appointment...

Read More

Click & Collect Gives Walmart a Major Boost — The Detroit News

Walmart’s grocery pickup option is keeping the retailer competitive against arch-nemesis Amazon: “Both Walmart and Target say their net promoter scores a key measure of customer satisfaction are especially high for curbside services. And the click-and collect push is making a difference. Cowen analysts estimate that Walmart grocery pickup is contributing significantly to the retailer’s overall U.S. comparable sales growth. They forecast Walmart’s U.S. comparable sales will increase 2.8 percent for the current fiscal year from the prior year,and that...

Read More

Retail Sales Dipped in February — Washington Post

According to the U.S. Commerce Department, retail sales fell in February of this year: “The Commerce Department said Monday that retail sales fell 0.2 percent in February, after posting an upwardly revised gain 0.7 percent in January. Still, sales are running below their seasonally adjusted levels from November after a sharp 1.6 percent decline in December.” P.S. Retail is a tough industry and it can be hard to stay competitive. Our classes can teach you how to optimize your processes...

Read More

Amazon Go Faces a Hard Stop — GroceryDive.com

  As Amazon continues to dip its toes into the waters of brick & mortar retail, one of its concepts, Amazon Go, faces a roadblock in the form of cashless store bans in some areas. “Proponents of the ban argue that cashless stores discriminate against low-income shoppers who may not have the means to maintain a bank account with a debit card or are not eligible for a credit card. Opponents of the ban, including businesses that have gone cash-free,...

Read More

Drew Barrymore Debuts New Furniture Collection at Walmart — Walmart.com

Drew Barrymore has expanded her partnership with Walmart with a new furniture and home decor collection: “Vibrant, inviting and full of life, Drew Barrymore Flower Home offers a unique assortment of eclectic home furnishings, including furniture, curtains, textiles, wall art, ceramics, pet beds and more. Drew worked in close collaboration with the Walmart.com design team to create her first-ever home collection that features a refreshing mix of bold prints, feminine patterns, fresh colorways and functional silhouettes.” P.S. These new designs...

Read More

Walmart.com Sells Calvin Klein — Forbes.com

Walmart.com’s partnership with Lord & Taylor represents a change in Walmart’s merchandising strategy. The latest surprise? Calvin Klein clothing: “Do you get a vision of Marky Mark circa 1992 when you read the words “Calvin Klein”? This fashion powerhouse has been a pillar of American fashion for decades and the designs they produce never disappoint.” P.S. We’ve said it before and will say it again. Don’t assume that your product isn’t suitable for Walmart because of preconceived notions of what...

Read More