In its bid to overtake its largest rival, Walmart announced a strategic partnership with Microsoft on Tuesday. According to the biggest US retailer, the company inked a five-year deal with the tech giant to speed up its digital transformation for a faster shopping experience online. Walmart will be utilizing an array of Microsoft’s cloud solutions […]
Walmart Joins Forces With Microsoft to Fend Off Amazon Read More »
Walmart has always been known to push boundaries. The company is continuing this innovative culture with its recent filing of patents for keeping track of inventory, a store drone and other technologies aimed at changing how customers shops. Walmart is no stranger to filing patents. The company has reportedly filed 1,400 patents since 2009, all
Walmart May Bring Customer Service Drones to Its Stores Soon, Retailer Files Patents Read More »
Walmart delivered on the online sales growth it hinted at after its less than stellar performance during the last holiday season. With its eCommerce sales seemingly ready to bounce back, the retail giant’s stocks traded higher on Thursday. Business analysts also believe that Walmart is in a position to take advantage of a cyclical boom
Walmart’s eCommerce is Booming, Sales Grow 33% in First Quarter Read More »
The United States is known (at least in the world of parents) as being a part of the Final Four. We’re not talking basketball. We’re talking about the final four countries in the world that have no mandated maternity leave: Suriname, Lesotho, Papua New Guinea, and, yes, the United States. Although maternity leave is not
What Your Small Business Can Learn From Walmart’s Expanded Parental Leave Plan Read More »
US companies Walmart and Amazon are competing to acquire a controlling stake in Flipkart, India’s leading eCommerce company. Walmart has completed an in-depth due diligence on its proposed majority ownership in the Indian firm. However, rival Amazon also wants to put in a bid and offers a ‘breakup fee’ of $1 billion to $2 billion,
Walmart will continue its buying spree of digital brands in 2018 as it aims to build and differentiate its online inventory in competing against Amazon. Marc Lore, eCommerce head of the world’s largest retailer, revealed that there’s a bigger strategy involved with Walmart’s bullish acquisitions during the Shoptalk conference in Las Vegas on last Tuesday.
In a bid to improve its services, Walmart is currently testing automation in several of its stores across the country. The robots are designed to manage repetitive tasks and give the staff more time to focus on helping customers. The retail giant has deployed around 50 robots that scan shelves to check for mislabeled items,
Walmart’s Got Robots Running Loose In Its Stores Read More »
Some have described blockchain technology as the “internet of money.” Yet many believe that only startup companies with ICOs (Initial Coin Offerings) can use blockchain technology in their businesses. The thought process is that older, well-established companies have no need for it. However, Fortune 500 companies including Walmart, IBM, and Microsoft have all launched blockchain initiatives, hoping
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Walmart knows that to win big, it has to bet big as well. In its multibillion-dollar battle against online retailer rival Amazon, brick-and-mortar giant Walmart made a big bet in upgrading the technology behind is operations which include putting up with the world biggest private cloud. And it seems to be paying off. In order
Walmart Builds Giant Private Cloud to Take on Amazon Read More »
Stuck between a rock and a hard place! Have you ever heard that saying before? I think a lot of local business owners—especially retailers—must have that feeling right now. I say this because about 90% of all retail sales are still happening inside brick-and-mortar locations, yet the pressure of e-commerce is unrelenting. As you can
