retail therapy

Marc Lore steps down as Walmart’s head of e-commerce

This began as the most expensive acquihire ($3.3 billion for Jet.com) I’ve ever seen and appears to have ended successfully. He’s leaving them in great shape as a credible competitor online. “Walmart CEO Doug McMillon credited Lore in a companywide […]

tech, startups, internet

Walmart’s doing fintech now

The folks in Seattle aren’t the only ones who can reach across industries to make moves! “Walmart said Monday that it will launch a fintech start-up with Ribbit Capital, one of the investment firms behind Robinhood.” | learn more

retail therapy

Walmart and Shopify team up

Walmart’s had an online marketplace since 2009, though it’s always fallen short of Amazon’s in scale. Now they’re teaming up with Shopify to bring more sellers and more products to the platform. It’s also a reflection of (I think) philosophical […]

retail therapy

Walmart is becoming a technology company

The author makes the point that Walmart has embraced the need to be tech-focused as it competes with Amazon, Alibaba & other tech/retail giants. What the author misses is that Walmart, despite its 60 years of age, has often been […]