The next big food startup. Before the AI boom led to multi-billion dollar acquihires, there was Marc Lore. He sold a business to Amazon, left to start a competitor, and soon sold it to Walmart for billions. Now he’s in […]
“Healthcare is expensive to run. We were finding that the increased labor and operating costs environment, like with reimbursement, both public and private, made it difficult (to run the business) and obvious we had to close,” Walmart spokeswoman Marilee McInnis […]
“We’ve been delivering to homes throughout Pea Ridge, AR for 2 years in partnership with Walmart, and have been blown away by how much customers love being able to get anything they need in just a few minutes.” ~ learn more
“We definitely do see a slight change compared to the total population, we do see a slight pullback in overall basket,” said Walmart CEO John Furner in an interview Wednesday.” ~ learn more
“Wegman’s losses from the app point to a common problem among companies that utilize in-store scan-and-go technology — shoplifting. Walmart temporarily suspended Scan and Go, its cashierless checkout program due to theft, an ex-Walmart exec told Business Insider in 2019.” | learn […]
Also, on a per capita basis, there are more Walmart-owned stores in Mexico than the US. | learn more
I think this was only a matter of time. Redundant logistics networks are really expensive. “The Home Depot is the first retail client of Walmart GoLocal, which uses Walmart’s expansive network to deliver products for businesses of all sizes.” | learn more
I’m surprised by this for two reasons. First, I’m surprised that layaway remained an option until now. Second, I’m surprised that Walmart is leaving it to Affirm to provide credit to customers. I remember underestimating them when they were starting […]
The entrepreneur who founded Jet.com (and sold it to Walmart in the biggest acquihire ever), is hoping to build a brand new city, with the first residents moving in by 2030. | learn more
Copycat versions of popular products are a mainstay of the retail world. It’s not common to see brands fight back against giants to defend their intellectual property. | learn more