Walmart reported 2nd quarter fiscal-year earnings today. Its ecommerce division, Walmart U.S. eCommerce, grew sales 37% in the quarter, which the company said included strong growth in online grocery. It originally provided guidance of 35% growth for its ecommerce business Read more
Walmart revised its returns policy on its Marketplace, and a seller told us that what concerns him the most is the following: “No Restocking fees may be applied.” Previously sellers could charge a restocking fee for any reason, not to Read more
Walmart is rolling out next-day delivery beginning in Phoenix, Las Vegas, and Southern California, with plans to reach approximately 75% of the US population this year. The move follows on the heels of Amazon’s recent rollout of 1-day delivery. The Read more
Walmart isn’t taking the news of Amazon 1-day Free Prime Shipping lying down. It hinted in a Tweet that it would do the same – but without requiring a membership fee. “One-day free shipping…without a membership fee. Now THAT would Read more
Etsy and Walmart are expanding some eco-friendly initiatives that will also help them generate good PR. Etsy CEO Josh Silverman vowed to offset carbon emissions generated by the shipping of orders by Etsy sellers. “98 percent of Etsy’s total emissions Read more
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. Note that its fiscal year Read more
Amazon appointed a Starbucks executive to its Board of Directors. Rosalind G. Brewer, 55, is Chief Operating Officer of Starbucks Corporation and is the former CEO of Walmart’s membership-only retail warehouse club Sam’s Club. While head of Sam’s Club, Brewer Read more
Amazon and Walmart face new challenges in India beginning next year. Rules around online selling are very different in India compared to other parts of the world, and the Indian government announced on Wednesday new rules that will make it Read more
Walmart used to own Black Friday shopping with its chain of brick-and-mortar stores, but online shopping has changed the game. Even as marketplaces are stretching Black Friday and Cyber Monday online shopping almost as far back as Halloween, Walmart is Read more
Walmart is giving a boost to marketplace sellers beginning in November. Scott Hilton, Chief Revenue Officer for Walmart eCommerce US, announced the news on the Walmart blog this morning. “We’re working with our marketplace sellers to make millions of items Read more
