Amazon didn’t create the concept of “Christmas in July” or “back-to-school” sales, but its annual Prime Day shopping holiday has spawned annual “Black Friday in July” sales from rivals who feel compelled to follow its lead in setting the date Read more
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 moves is part of the Read more
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 a growth company,” he said Read more
eBay CEO Devin Wenig tweeted the news that he plans to relaunch eBay India: “We will be back in the India market soon with http://eBay.in . We will start by bringing import inventory into india and opening up the worlds Read more
Walmart will unveil a new website next month, calling it a dramatic step change. The site will have a new look and feel and will feature more local and personalized elements. One major change will make each category unique so Read more
Over 10,000 sellers participated in the 9th annual Sellers Choice Awards. In the initial nomination process, EcommerceBytes readers chose 10 finalists. Readers then rated the finalists in four key areas – profitability, customer service, communication and ease of use. Respondents Read more
Walmart came in 10th place in the 2018 Sellers Choice Awards. This is the first year Walmart cracked the top-ten nominated marketplaces after it opened its platform to third-party sellers in 2009 on a very limited basis (3 merchants were Read more
The saying, “the enemy of my enemy is my friend” applies to a new ecommerce alliance announced today between Rakuten and Walmart as they feel the heat from Amazon’s continuing growth. Rakuten went up against Amazon and eBay after it Read more
Walmart named a new executive to head its second largest operating segment, Walmart International. Judith McKenna succeeds David Cheesewright, who is stepping down from a full-time role. Walmart’s International division serves more than 100 million customers every week in more Read more
Walmart’s head of ecommerce Marc Lore has talked about the importance of humans in the retailer’s push to grow online sales. It sounds like heresy in an industry where Artificial Intelligence, robots, and drones are seen as the end-all and Read more
