Category Archives: E-Commerce

Shoes.com Shakes Up Walmart’s Footwear Business — FootwearNews.com

Walmart’s acquisition of Shoes.com has brought changes to its footwear division: “Within the Walmart organization, Shoes.com is now responsible for managing footwear for Walmart’s website as well as Jet.com. ‘The business model is very beneficial to the partner side,’ said Alex Proelss, SVP of brand marketing and creative, ‘because you have one team that focuses on your business across three platforms, and collectively, we reach 140 million people monthly.’” P.S. Walmart has never been known for its apparel, but that’s...

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Walmart Spends Big on IT –CIODive.com

Walmart joins other top companies in having a robust IT budget: “As the largest retailer in the world, Walmart’s IT strategies are aggressive. CIO Clay Johnson encourages a fail fast experimentation strategy among his team, which is modeled to work in a “startup orientation,” Walmart CTO Jeremy King, told CIO Dive in an interview in September.” P.S. Overwhelmed by tech changes and innovations? You aren’t alone. Our expert consultants can help you keep your processes moving along and your Walmart buyer happy....

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Walmart.com Tests “Soft Decline” Strategy — Chain Store Age

Walmart.com is testing options that could save online sales by re-trying “soft declines” of credit and debit cards: “Walmart Labs, the technology arm of Walmart, recently ran a test of a solution designed to automatically address “soft declines” on the Walmart e-commerce site. Soft declines are rejections of credit card authorizations from the issuing banks for online orders due to generic issuer errors such as server timeout or issuer unavailability. They occur when Walmart’s backend system starts sending payment attempts...

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Interview with Walmart’s CTO — Wall Street Journal

Walmart’s CTO talked tech while at the National Retail Federation’s big show. The conversation focused on why Walmart opted to start its own tech lab while also looking to open source as a way of getting Walmart up to speed quickly: “The retailer’s size influenced a decision to embrace open source development several years ago. ‘You would be surprised at the list of companies that have completely choked on Walmart’s scale, because no one really builds products for Fortune One,’...

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FedEx Tests Large Item Delivery — SupplyChainDive.com

FedEx is testing a new residential bulky item delivery service: “The white glove service, dubbed FedEx Freight Direct, “is in the beginning stages” and is being tested in five markets, the company said. FedEx did not specify which markets were participating in the tests.” P.S. As more companies move into the large-item home delivery segment, new opportunities for suppliers will open up. Are you ready to start selling larger items via e-commerce? Get in touch with us today to book...

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Lampert Tries to Save Sears — CNBC

Sears Chairman Eddie Lampert is putting forth plans to save the retailer from closure: “Lampert has offered two options to try to keep the company afloat, a $4.4 billion plan that would save 425 locations and a less-ambitious proposal that would keep at least 250 of the little under 700 it had when it filed for bankruptcy in October.” P.S. Working with successful retailers is critical to the success of your supplier business. Our experts can help you get on...

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Study: Walmart Poised to “Dominate” Omnichannel Grocery — GroceryDive.com

  A recent survey indicates that Walmart may well become the dominant force in omnichannel grocery: “Walmart is dominating omnichannel grocery shopping, a new report from Packaged Facts finds. Among those surveyed, about 27% of in-store grocery purchasers say Walmart is the retailer they get groceries from most, with Kroger coming in second. Of those who reported shopping by click-and-collect, about 42% identified Walmart as the outlet for their last pickup order, which is three times the number of shoppers who made...

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New Rule Adds Wrinkle to Walmart’s India Plans — Fortune.com

  India has passed new laws that further restrict the ability of foreign retailers to sell to consumers: “Now, big foreign firms will no longer be able to treat the third parties, such as RetailNet, Super-ComNet, and OmniTech Retail, as effective extensions of their businesses. “Inventory of a vendor will be deemed to be controlled by [an] e-commerce marketplace entity if more than 25% of purchases of such vendor are from the marketplace entity or its group companies,” the new...

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Upcoming Retail Trends — Entrepreneur

Retail is full of bright people with bright ideas. Entrepreneur recently took a look at some of the top trends for 2019: “It is essential for this market to be a constantly evolving one as it is strongly dependent on shifting customer expectations – this is clearly seen in the sheer scale of the technological and logistic innovations in 2018 alone.” P.S. Are you prepared to meet retail’s challenges in the new year? Our new courses can help. Check out...

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Whole Foods and Instacart End Partnership — TheVerge.com

Grocery delivery service Instacart has ended its relationship with Whole Foods: “The tension between Instacart and Amazon has been brewing since the acquisition. Last month, it was reported by Business Insider that it was cheaper to order Whole Foods delivery through Instacart than Amazon, after Instacart quietly lowered its annual fee to $99 to compete with Amazon Prime’s $119 annual membership. Instacart has also since sought out other sources of revenue besides Amazon, by partnering with other retailers like Kroger,...

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