In the ever-evolving retail landscape, the ability to harness data effectively can truly set retailers and brands apart. At their recent Inspire event in Northwest Arkansas, Walmart Data Ventures showcased how retailers can transform their first-party data into powerful insights that drive sales and enhance…
Walmart hosted its eleventh annual Open Call event this past week in Bentonville, Arkansas. The event brings together selected innovators, creators, and business owners for an opportunity to meet with Walmart and Sam’s Club merchants. Entrepreneurs pitch their USA made, grown, or assembled products to…
Target will launch its new paid membership program next month alongside a revamped loyalty program. In addition, Target just announced it will be expanding its brick-and-mortar footprint by an additional 300 stores with a refreshed store experience over the next 10 years. The newly announced…
A consumer-driven rise in marketplace popularity, amplified by the digital transformation during the pandemic, calls out to retailers and brands to develop their brand position and drive growth. Brands and retailers that are embracing marketplace opportunities have high growth expectations in the coming years. Our…
Over the last several years, Amazon has boldly entered brick-and-mortar retail through its Go and Fresh stores as well as its highly publicized acquisition of Whole Foods. Walmart has responded in tandem by pursuing omnichannel capabilities and digital acquisitions. This September, Walmart launched its Walmart+…
As the Holiday season of 2019 winds to an end, I am going to use this time to look back and to look ahead. The 2010’s were a transformative decade for retail. While Retailmageddon didn’t exactly come to pass, we saw a significant slowdown in…
Walmart’s performance in the third quarter should serve as a powerful reminder to the retail community that the world’s largest retailer remains a formidable competitor even as Amazon continues its assault on the rest of the market. Comparable store sales were up 3.2% in the…
Walmart stores have 300 million unique visitors a month – more than the big online players. They’ve decided to leverage those visits and the data they provide on spend and in-store/online behavior to create a compelling and profitable ad channel for their own business, as…
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,…
