Ecommerce Industry News
Walmart grew ecommerce sales 12% year-over-year in its latest fiscal quarter ended July 31, 2022 (which is its fiscal 2023 second quarter). It made a point of noting that online sales were up 18% when […]
Walmart ecommerce sales in the second quarter grew by 97%, “with strong results across all channels,” it reported today. Keep in mind that Walmart’s fiscal year doesn’t match other top ecommerce companies, as the supplier […]
We’ve seen how ecommerce pure-play marketplaces performed in Q1 (Amazon, eBay, and Etsy), today Walmart revealed its performance for its latest quarter (February, March, and April). Notably, the company also announced it’s closing down Jet.com, […]
Walmart grew its US ecommerce sales by 43% in the fourth quarter. The company said Walmart U.S. eCommerce continued to benefit from the expansion of grocery pickup and delivery and a broader assortment on Walmart.com. […]
Walmart is selling 80% of Walmart Brazil to private equity firm Advent International. Walmart entered the Brazilian market 22 years ago, and Walmart Brazil today has 438 stores in 18 states, with 55,000 associates. The […]
Imagine serving nearly 270 million customers a week in 28 countries and generating $500.3 billion in revenue. Those are Walmart’s stats cited by its CEO Doug McMillon at last week’s annual shareholder meeting. “We are […]