The $600MM finger?.

Shortly after Marc Lore earned publicity for rapid-fire acquisitions as the head of e-commerce at Wal-Mart, Jeff Bezos declares they’re going to shut down the sites they bought from Lore in 2011 – diapers.com and others. The stated reason is that they couldn’t turn a profit, but execs projected profitability for 2017. What happened? learn more

A price war of giants.

Amazon and Wal-Mart are in a price war in grocery and CPG, with the latter renewing its drive for “Everyday Low Prices” to double down on its successful discount retailing strategy. Amazon’s pricing algorithm is following them down. Brands are nervous. learn more