Category Archives: Digital

Amazon to Offer Microloans to Marketplace Vendors in China, 6 Other Countries

Amazon Offers Funding to International Vendors Amazon is expanding its vendor microloan program internationally. The program helps Amazon Marketplace sellers grow their businesses: “Until now, the e-retailer has offered the service only in the United States and Japan. Amazon Lending, founded in 2012, now plans to offer short-term working capital loans in other countries where it operates a third-party, seller-run marketplace business, the head of Amazon Marketplace, Peter Faricy, told Reuters.” Amazon reduces its risk by taking loan payments out of … Read More

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Amazon Pulling Confederate Flag Merchandise — USA Today

Amazon Follows Walmart’s Example Just a few months ago, Walmart started a trend when it raised the starting wage for entry level workers. Now it looks like Walmart is blazing new trails once again: Refusing to sell the Confederate flag or items that carry the symbol. USA Today reports: “After Walmart and its 11,000 stores led the way Monday night by sweeping from shelves any product bearing the Confederate battle flag, retail giants Sears, Amazon and eBay followed suit Tuesday.“ … Read More

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Study Looks at Walmart’s Shipping Pass Program — Forbes.com

Will Millennials Subscribe to Shipping Pass? Will Walmart’s “Shipping Pass” program woo millennials from Amazon? The folks at Prosper Insights decided to find out.  Prosper’s Pam Goodfellow reports: “So why could Shipping Pass be a win for Walmart? A look at the shoppers considering Shipping Pass would make any retailer salivate these days. Nearly half (45.7%) of those “likely” or “very likely” to subscribe to Shipping Pass were identified as Millennials (born 1983 to 1997), that oft-sought, hard-to-win group of … Read More

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Walmart Sets Up Global Online Team at Asda HQ — Supply Chain Analysis

Walmart has made no secret of its efforts to dominate global e-commerce.What is unusual is Walmart’s decision to move global e-commerce efforts to a subsidiary: “The new operation will rely on Asda’s technology centre which is the first of its kind in the UK. It enables Asda and Walmart to monitor all traffic and interactions with its global websites 24 hours a day, seven days a week. The operations hub coordinates with centres in Silicon Valley, California and Bangalore, India … Read More

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Will Alibaba Trump Walmart’s Sales in 2015?

Alibaba Facilitates Sales Between U.S. and China Alibaba’s Jack Ma recently spoke at The Economic Club of New York. He outlined Alibaba‘s strategy in his speech, which includes facilitating the sale of U.S. goods to China: “These kinds of opportunities is why he felt so confident making the bold prediction that his company could surpass Walmart in terms of revenue this year. Last year, Alibaba reported $390 billion in sales, and eventually he sees revenues reaching $1 trillion.“ International Resources for Walmart … Read More

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CurrentC Media Roundup

Walmart-backed CurrentC has hit some snags recently,  particularly since the launch of Apple Pay. Below is a sampling of media stories that highlight the challenges of bringing this new mobile payment system to market: Bostlnno — Apple Pay Moves Look Bad for Walmart’s CurrentC: “For starters, today’s announcements about Apple Pay illustrated that the contingent of retailers that are on board with CurrentC is shrinking fast. Best Buy, which in April said it would start accepting Apple Pay, was among the new logos on display during … Read More

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Roundup on Walmart’s IT Investments

It’s no secret that Walmart has been investing heavily in IT. It’s also no secret that these investments have taken their toll on Walmart’s bottom line. Still, Walmart has indicated that it plans to continue to invest in technology in hopes of eventually dominating the retail world both online and off. The tricky part has been convincing shareholders that this is a wise move. During shareholders week, Walmart executives worked to showcase Walmart’s technological advances and to communicate its long … Read More

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Walmart Reveals New Innovations

Walmart Invests in Tech to Improve Service Walmart has been busy developing new technologies to improve the customer experience both in and outside of the store. Here are some examples: Ten stores are testing in-store maps served through the Walmart app. These maps make it easier for customers to find what they are looking for. In the UK, Asda‘s “Click and Collect” system allows customers to order groceries online and pick them up at a convenient location. The UK uses … Read More

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Amazon Plans to Launch Private Grocery Label

Multiple news sources report that Amazon is in talks with food manufacturers about the development of a private grocery label. Amazon has been making inroads into the grocery and CPG markets with its Prime Pantry and Amazon Fresh programs, so groceries have become the next logical step for what was once a fledgling online bookseller. Here’s a sampling of stories from around the web: TheVerge.com — Amazon Plans on Selling its Own Brand of Groceries: “Amazon already has an array of brands, like … Read More

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Amazon Expands Same-Day Delivery

Walmart’s Stock Falls after Amazon Makes Announcement Fortune.com reports that Amazon is expanding its same-day delivery service. The news comes on the heels of Walmart’s decision to offer its Shipping Pass subscription program, which allows subscribers to receive free three-day shipping on selected products for a yearly fee of $50. The Street reports that Amazon has expanded the same-day delivery service to 14 cities, including San Diego and Tampa Bay. Walmart’s stock fell by 0.29% on Thursday afternoon following the announcement. More … Read More

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