Walmart Releases 2018 Q4 Earnings – eCommerce Sales Up 40 Percent
Walmart released its Q4 earnings this morning and here are some of the highlights. We will have a more comprehensive story later today with focus…
Ocado Expands Its Global Footprint
It seems striking a partnership with Kroger has spurred British online supermarket Ocado on to create a momentum for global expansion if not domination. During…
Walmart Buys Cornershop to Boost its Omnichannel Strategy
Walmart has decided to go head-to-head with Amazon in Mexico’s grocery industry. Just a month after the online retail giant began selling non-perishable goods online…
Shoplifting Continues to Lead Top Source of Loss For Retailers
Thefts, fraud and losses from other retail “shrink” decreased to $46.8 billion in 2017 from $48.9 billion the year before as shoplifting and organized retail…
Macy’s Hires Another eBay Executive to Grow Online Sales
Macy’s announced the hiring of Jill Ramsey as chief product and digital revenue officer, effective January 8, 2018. This role was created to focus on…
Macy’s Hiring Seasonal Staff for Holidays after Great Thanksgiving Weekend
As an avid reader of our site, you may have noticed that we have taken an interest in what is going on at Macy’s. We…
Macy’s Releases Q3 Earnings, Makes No Mention of eCommerce Strategy!?!
Macy’s releases Q3 earnings report but doesn’t address eCommerce operations in press release. This is a bit surprising considering they hired Hal Lawton as President…
Hal Lawton Jumps from eBay to Macy’s to Fix a Bigger Mess
Hal Lawton, previously Senior VP North America eBay, left the company last week to start a new career at Macy’s Department stores as President of…
Hal Lawton Goes to Macy’s
UPDATE: We have a more indepth article on the challenged Hal Lawton faces at Macy’s right here. Macy’s announced that Hal Lawton is joining the…