A new study from financial data firm Market Watch finds that Walmart and Amazon’s online prices are closer than ever, Business Insider reports. The study, which tracked prices on Amazon and Walmart’s website, spanned 700 days. Walmart’s online prices were …
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Walmart Makes Official Name Change to Reflect Modern Retail
As Walmart continues to compete with omnichannel retailers, the company has made a legal name change to reflect how modern customers shop the brand. On Dec. 6, Walmart announced plans to change the company’s legal name from Wal-Mart Stores, Inc. to …
Read More »Walmart Tests New Pricing Strategy to Boost Online Margins, In-Store Sales
Walmart is testing a pricing strategy to boost margins for online purchases and drive in-store sales, reports The Wall Street Journal. The big-box retailer is selling products online at slightly higher prices than the same product in its stores as …
Read More »Amazon Cash Expands to 8,000 7-Eleven Locations
Amazon Cash, a service that lets customers instantly add money to their Amazon.com accounts at brick-and-mortar retail locations, is now available at approximately 8,000 7-Eleven locations, technology blog TechCrunch reports. The service launched in April 2017 “as a way to …
Read More »Walmart Adding Aisle-Scanning Robots to 50 Stores
Robots are part of Walmart’s strategy for improving its inventory management, as the retailer announces plans to add technologically advanced assistants in 50 U.S. stores, Business Insider reports. The big-box retailer tested the robots at a small number of stores in Arkansas and California earlier …
Read More »Walmart’s Marc Lore Discusses Retailer’s Online Acquisition Strategy
Speaking with the Wall Street Journal, Walmart’s e-commerce chief Marc Lore discussed the importance of recent online acquisitions and Walmart’s ongoing plans to complete digitally. After recently acquiring many online companies, including ShoeBuy, Bonobos, ModCloth and delivery company Parcel, Lore …
Read More »Walmart Purchases Delivery Business
Walmart has purchased Parcel, a delivery logistics startup that focuses on overnight and same-day last-mile delivery, Reuters reports. The Parcel purchase is Walmart’s latest acquisition, following its purchase of apparel company Bonobos in June for $310 million and e-commerce retailer Jet.com …
Read More »You Won’t Be Competing With Walmart for Holiday Hires
If you’re hiring extra help to staff your retail store during the winter holidays, you won’t be competing for temporary hires with Walmart this year. “Wal-Mart is redefining the holiday hiring scene, at least for its huge operation of more …
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