“They kept making a new step every time and the rest of retail had to follow and they won the game, they got all the market share,” says Jan Kniffen of J. Rogers Kniffen Worldwide “They can’t let Amazon out Walmart Walmart (when it comes to free one-day shipping). Walmart will fight this battle to the bitter end.”
Walmart has just announced the first of its kind technology aimed at speeding up online grocery orders. The Alphabot system was created specifically for Walmart by Alert Innovation and is set to help Walmart launch its first pilot program in…
According to FierceWireless, Sprint is finally killing off Virgin Mobile and moving its customers to Boost Mobile. Virginia Mobile was founded in 2001 as a joint venture between Sprint and Sir Richard Branson’s Virgin Group, before Sprint became sole owner…
“Our partnership with Walmart is a huge validation that commercialization and scalability of autonomous vehicles will happen in the B2B short or logistic space,” says Gatik AI CEO Guatam Narang. “Our autonomous vehicles will be moving goods for Walmart from one of their dock stores to their neighborhood markets in Bentonville, Arkansas.”
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.
Retail executive Gerald Storch who was the former CEO of Toys “R” Us and Vice Chairman of Target explains why some retailers are failing while others are thriving. “The demise of many retail chains is due to the rise of the internet and the inability of some retailers to keep up.”
Walmart is looking at delivering groceries right into your fridge says Walmart Ecommerce President and CEO Mark Lore. And the step after that Lore says is delivery without even ordering.
The CEO of Walmart Doug McMillion says that the company has a lot of work going on to change the company. He says that the company is becoming more digital and is changing how they work from within to get faster, more nimble, and adapt to what’s happening in retail.
The former CEO of Saks, Steve Sadove, says that what’s really fascinating is the convergence that is currently happening with online and brick and mortar stores. You have the Amazon’s of the world adding brick and mortar store options and then you have Walmart and Target growing online.