Jet announced the return of JetCash two weeks ago, and the normal noise that accompanies a Wal-Mart / Amazon announcement was… muted. It shouldn’t be. Amazon has proven that a company can create a shopping holiday. Prime Day generated nearly $1 Billion dollars in…
Last week, I weighed in on the potential deal between Walmart and Jet.com. Today, the companies officially announced the $3 billion deal with Walmart CEO Doug McMillon weighing in as follows: “We’re looking for ways to lower prices, broaden our assortment and offer the simplest,…
On the heels of Jet.com’s first birthday comes news that Walmart is reportedly in negotiations to acquire the online discount retailer. Sources close to the deal say it could be worth as much as $3 billion. While Walmart has struggled to translate its winning brick-and-mortar…
