Walmart Shuts Down Jet.com – Was it Worth $3.3 Billion? (Updated)
As part of its first-quarter earnings report for 2021, Walmart announced it is shutting down Jet.com, the online marketplace it purchased in 2016 for $3.3…
Walmart shifts resources from Jet.com to Walmart.com
In 2016 Walmart acquired Jet.com for $3.3 billion to boost its online business, but it appears the Jet.com brand may be on its way out….
Walmart Looks Back at 2018 and How Customers Shop
Retail is changing and while for years many shoppers looked at offline and online shopping separately, the last few years has seen a convergence of…
Five Marketplaces To Sell On Besides Amazon
Riding the Amazon wave may be a shortcut to making a sale but it’s not the be-all and end-all of your online business. It’s true…
Payability Expands Instant Advance Service To 4 New Marketplaces
Payability, a leading provider of friction-free financing for ecommerce marketplace sellers, today announced the availability of its Instant Advance financing offering. Payability is making it…
Walmart Hires Tesco Veteran Simon Belsham to Lead Jet.com
Reuters reported on Monday citing an internal memo sent out to staff at Jet.com by Marc Lore, the head of Walmart’s eCommerce business, indicates the company…
Latch Announces First Unattended Delivery in New York City
Both Amazon and Walmart made the most news when it comes to unattended delivery. Walmart announced their intentions about a month ago, and Amazon made…
Walmart to Build Online Mall with Lord & Taylor?
The Wall Street Journal is reporting today that Walmart and Lord & Taylor are in final discussions to sell Lord & Taylor goods on Walmart.com,…
Walmart to Make eCommerce Returns Easier
Walmart announced they are launching a new return service that allows shoppers to return goods purchased on Walmart.com at local stores quickly and efficiently. If…
Walmart Buys Delivery Company Parcel
Walmart announced this week they purchased New York-based delivery company Parcel. Parcel’s delivery footprint is relatively small but the offer same day and next day…