Analyst: Jet.com Acquisition Boosted Walmart’s Fortunes — CNBC

Walmart’s confidence in its e-commerce prospects can be attributed to its purchase of Jet.com:

“Big-box retailer Wal-Mart can attribute its performance in part to the $3 billion acquisition of Jet.com, says money manager and popular blogger Josh Brown.”

Supplier Takeaway: E-Commerce is Taking Off

While some analysts looked askance at Walmart’s decision to acquire Jet.com, it appears as though the decision was a good one. It has updated Walmart’s omnichannel efforts and added new blood to the company.

How are you preparing your business to accommodate Walmart’s ongoing brand shifts?

Resources for Walmart Suppliers

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