Reuters reports that Walmart plans to ask suppliers for more expensive goods to sell on Walmart.com. A higher price point makes it easier for online retailers to recoup the shipping expenses, something that’s becoming increasingly important for many businesses.
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The inevitable has happened and Amazon’s Prime Now service is delivering Whole Foods groceries in some test markets. Meanwhile, Sam’s Club competitor, BJ’s Warehouse, has brought in new leadership over its e-commerce division.
P.S. Are you a Sam’s Club supplier? Improve your relationship with Sam’s, along with your own bottom line, by taking our Sam’s Club Item Setup, Dotcom, & GDSN class.
Walmart Leadership Comings and Goings
Walmart’s board of directors is getting a new member, Sarah Friar, CFO of mobile payment system innovator, Square. Meanwhile, Jet.com’s president, Liza Landsman, will be departing this spring to join a venture capital firm.
P.S. Walmart is constantly changing. Whether you are an experienced supplier, or just gearing up for a first meeting with your buyer, it’s time to get some expert support. 8th & Walton’s advisors will help you and your team reach your goals. Contact us today!
May I Assist You?: Walmart Introduces Store Assistant
Walmart announced its new Store Assistant, already incorporated in the Walmart app. When consumers visit a store, they’ll be able to rely on Store Assistant to direct them to where they need to go, check prices, and use Walmart Pay for easy check-out.
P.S. Don’t disappoint customers who use Store Assistant to find your products. Ensure that your product is on the shelf, ready to buy, by taking our On Time In Full (OTIF) Insights and Resolutions class.