Walmart is the Roman Empire of retail, says Burt Flickinger, Managing Director of SRG Insights. Walmart announced an impressive earnings and revenue beat that told the story investors want to hear. Walmart is winning the retail wars, especially against arch-rival Amazon.
Amazon SEO is Now More Important than Google SEO for Brands
We have seen a shift from Google to Amazon. Today over 54% of all the product searches that occur on the entire internet now occur on Amazon.
Sezzle Is the Creditization Of a Debit Card, Says CEO
“Consumers love our product because it represents purchasing power but also budgeting for them,” says…
Fiserve CEO: From Large To Small There’s a Comeback In Payments
It’s a great space a great and a great opportunity says Fiserv CEO Frank Bisignano. The opportunity to build things and grow is always a lot of fun. From large to small there’s a comeback in payments and we see growth going forward.
Ecommerce Nearing $1 Trillion
“We’re forecasting that ecommerce spending this year will be somewhere between $850 billion and $930 billion,” says John Copeland, Vice President of Marketing Science and Customer Insights at Adobe. This would be a 14 percent increase over last year.
Uber Built A Very Anti-Fragile Business, Says Jason Calacanis
Early Uber investor Jason Calacanis says that unlike Lyft, Uber built a very anti-fragile business with the combination of Eats and Rides and has become relentlessly focused.
Target CEO Says Digital Performance Up 50%
“Our digital performance was up 50 percent,” says Target CEO Brian Cornell. “As we gain…
Video: Amazon’s New Electric Vans Quietly Delivering
Amazon has just launched their first electric Rivian delivery vans on the road in Los Angeles. They plan to have a 10,000 electric delivery fleet operating on the road by 2022.
Luxury Online Retailer Farfetch Focusing on Technology to Improve the Consumer Experience
Luxury online retailer Farfetch, where prices start at around a thousand dollars, had a breakout IPO on Thursday raising $885 million while setting a valuation of $6.2 billion on the company.
Alibaba Buys Top China Hypermarket In War With Walmart
Alibaba today announced it will invest $3.6 billion in Sun Art Retail Group, a huge hypermarket and supermarket operator in China. Sun Art is the largest retailer in China and competes head to head with Walmart.
Businesses Being Reimagined In A World That Is Now Entirely Digital
How do you reimagine yourself in the context of a world that now is entirely digital? Customers are thinking very actively about how they actually create products and services that essentially create value for customers entirely digitally.
Walmart+ Goes Head To Head With Amazon
Walmart launches Walmart+ a subscription service that competes directly with Amazon Prime and costs only $98 a year or optionally $12.95 a month. Walmart’s membership option is now available to customers across the country. Membership includes free 15-day trial period.
Target CEO: Digital Growth Is Industry Leading – Up 200%
Brian Cornell, CEO of Target, discusses their second quarter earnings report which saw the largest growth in the company’s history.
Autonomous Driving for Trucks Will Happen First, Says Full Truck Alliance CFO
“We think the commercialization of autonomous driving for trucks will probably take place a lot sooner than it will take place in the passenger car vehicle sector,” says Richard Zhang, CFO of Full Truck Alliance.
Walmart CEO: We Had To Become More Digital
Doug McMillon, CEO of Walmart, discusses how the company has changed to become more digital over the last couple of quarters in response to the pandemic.
Cloud Is The Big Winner Of Work From Home Trend
Cloud, in general, has been a big winner as a result of the work-from-home trend says Five9 CEO Rowan Trollope. We’re one of those companies that have done well. AT&T was last quarter and then another big partner this quarter with CDW.
PayPal CEO: Across Every Industry, We’re Seeing a Surge Towards a Digital-First Strategy
What’s happened is the world has accelerated from physical to digital across almost every industry.
Ecommerce Is Growing Much More Rapidly Than Before
Hamid Moghadam, chairman, and CEO of Prologis, the global leader in logistics real estate, says the pandemic has rapidly accelerated the growth of ecommerce worldwide.
How Amperity Uses Machine Learning To Unlock Data and Supercharge Marketing
We put together cloud computing that was scalable with better economics alongside a machine learning algorithm that we were pointing at the data to help make sense of it. We realized that what we had was a pretty scalable solution to help brands get to that nirvana of a single view of the customer.
Without AI, Real-Time Personalization Would Not Be Possible
“How do we shorten the space between a signal that we get, say in behavioral…