Walmart disappointed investors when its digital sales grew just 6% in the second quarter. The e-commerce business is a key piece of Walmart’s future growth, and it’s falling further behind its bigger competitor, Amazon.com.
But a small slice of Walmart’s … Read the rest
Walmart Inc-controlled Indian e-commerce firm Flipkart said on Thursday it was partially spinning off PhonePe in a move aimed at widening the digital payments platform’s access to capital to fuel its growth. PhonePe will raise $700 million in primary capital, … Read the rest
Thankfully, the festive promotions will just be online; Walmart stores will at least let you put away your Halloween costumes before inundating you with Santas on Nov 1.
Not a lot other than all things Amazon (AMZN) keeps the Jeff Bezos-led C-suite up at night in Seattle. After all, it’s Amazon — decades long dominator of e-commerce and the cloud.
https://in.finance.yahoo.com/news/why-amazon-should-take-target-and-walmart-seriously-163602935.html… Read the rest
Reuters is reporting that Walmart communicated privately with the U.S. government in January of this year about India’s new rules for eCommerce, and how they would impact the company.
The newswire found the info through a Freedom of Information Act … Read the rest
What, it’s OK for ginned up investors to heap praise upon money losing IPOs such as Crowdstrike (CRWD), Fiverr (FVRR) and Beyond Meat (BYND) and yet come out firing against the nicely profitable retailer … Read the rest
A recent case study by William Kerr explores Walmart’s efforts on workforce makeup and training, digital infrastructure, and automation technology.
Source: https://hbswk.hbs.edu/item/walmart-s-workforce-of-the-future… Read the rest
