Category Archives: Walmart/Sam’s Club

The Walmart Drone Experience — TheTechPortal.com

Walmart is looking to put drones in its stores as a way of making it easier for consumers to find the products they want and need: “As for the functioning of the delivery system, Walmart plans on installing a central computer system that would act as the automated air traffic control for the drones. Similar to an airplane control room, it will determine flight paths, dispatch drones and monitor the same when they’re out and about helping customers pick products. The drones...

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Walmart Announces the Acquisition of ModCloth, a Leading Online Women’s Fashion Retailer — Walmart.com

March 17, 2017 – As we continue to grow our e-commerce presence, Walmart has acquired the assets and operations of ModCloth, one of the top online specialty retailers of unique women’s fashion and accessories. Here are the key facts about the deal: What was announced today? We have acquired the assets and operations of ModCloth. The deal closed on March 17, 2017. Who is ModCloth? ModCloth is an online specialty retailer that offers unique designs and exclusive fashion, along with...

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Walmart Commits to Private Label — Supermarket News

Doug McMillon recently discussed the emphasis that Walmart is placing on private label offerings: “‘If we have engineered our specs so that you really love our granola, then there’s a loyalty there that passes not just through the store but into the e-commerce business as well,’ said McMillon. ‘Product-driven loyalty becomes even more important than it was in the past.’” Supplier Takeaway Do you offer private label products? What are you doing to get your options in front of a...

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More on ModCloth Acquisition — TechCrunch

  More on Jet.com’s acquisition of online clothing company ModCloth: “This is a disappointing outcome for ModCloth, which had raised $78 million from notable investors like Norwest Venture Partners, FLOODGATE, First Round, and Accel Partners. (However, Norwest and Accel also invested in Jet). We are told that some of the capital will be going back to investors, but not all of it. Some of the acquisition money will go to retaining key employees.“ Supplier Takeaway Are you a clothing supplier? What do...

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Asda Offers Shuttle Service After Store Closure — StokeSentinel.co.uk

After the closure of a local co-op, Asda began offering a free shuttle service to one of its stores: “An Asda spokesman said: ‘The bus service is being offered as a trial to provide Bucknall shoppers with easy access to a supermarket during the transformation works at the former Co-Op.’” Supplier Takeaway These kinds of services may provide sponsorship opportunities for suppliers. If you are aware of a looming store closure, how might you partner with a retailer to provide...

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How Walmart Selects Acquisition Targets — Fortune.com

  How does Walmart CEO Doug McMillon make decisions about acquisitions? This Fortune.com article offers some insight: “‘Assortment is driving a lot of these acquisitions,’ McMillon said at an investor conference in New York on Tuesday. He did not specifically say Walmart was in the market for more M&A opportunities. Supplier Takeaway Assortment is a major consideration in Walmart’s choice of acquisitions. What are you doing to make sure that your products are meeting Walmart’s demands? Resources for Walmart Suppliers...

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Details on Jet.com Acquisition of ModCloth — ReCode.net

More on the news that Walmart’s Jet.com has acquired ModCloth: “For Jet, the deal would be its fourth since March of last year aimed at adding a wider assortment of products to its online megastore. Jet acquired online furniture seller Hayneedle last year for $90 million before Jet was acquired by Walmart for $3 billion. Since then, it has also bought Zappos competitor ShoeBuy and outdoor apparel retailer Moosejaw.“ Supplier Takeaway As we noted yesterday, this is a major signal...

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Walmart Drops Plans for Merced Distribution Center — Merced Sun-Star

  Walmart has finally discontinued plans to build a distribution center in Merced, California: “Wal-Mart, the world’s largest retailer, proposed in 2005 to build a 1.2-million-square-foot distribution center on a 230-acre site on the southeast edge of Merced. It was expected to employ up to 1,200 people. Putting an end to the center was a “business decision” made by Wal-Mart, Mayor Mike Murphy said Wednesday.“ Supplier Takeaway This distribution center was in the planning stages for over a decade. Walmart...

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Report: ModCloth to be Acquired by Jet.com — San Francisco Business Times

A recent report indicates that Jet.com is prepared to take over popular online clothing retailer ModCloth. Online media is abuzz: “Neither ModCloth nor Jet.com responded to a request for comment on Wednesday. But news that the company has been acquired was not entirely a surprise to market watchers, given its struggles to retain a market foothold over the last year amidst branching out into brick-and-mortar stores.“ Supplier Takeaway If this story proves true, it means that Walmart (which itself acquired...

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The 8th & Walton Conference Call – Episode 8

If you only listen to one podcast this year…well, search iTunes for something on health and fitness. BUT, if you listen to MORE than one podcast this year, please dial up the 8th & Walton Conference Call! Each week, we bring industry news, interviews, insight, and fun to the retail and supplier community. On this week’s podcast, Joyce Grippi from WhyteSpyder stops by to talk about helping suppliers reach that omni-shopper. We’ll learn more about the importance of crisp content,...

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