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Video: Doug McMillon on Why Wal-Mart Chose Jet.com
Wal-Mart announced Monday that it would acquire retailer Jet.com for $3 billion. According to Wal-Mart, acquiring Jet will help the company connect with urban and millennial shoppers and compete more effectively with online retail giant Amazon.com. read more >
Retail Analysts Say Wal-Mart’s Become Too Big to Manage
For Wal-Mart’s annual revenue to grow by just 1 percent, the retailer would need to add the revenue of a Fortune 500 company. But some retail watchers wonder whether Wal-Mart’s massive size has made it too big to manage. read more >
by Mark Friedman -
Lessons From Amazon’s Prime Day (Jim Karrh On Marketing)
What can the rest of us businesspeople learn from the success Amazon had selling so much stuff in one day? I believe Amazon’s leadership made at least three good decisions when creating and planning its first Prime Day. read more >
by Jim Karrh -
Acxiom Founder Charles Morgan Shares Personal Data in New Book
Few people would consider Charles Morgan, former chairman and CEO of Acxiom Corp. and PrivacyStar founder, a literary light — until, perhaps, now. read more >
Pambra’s Says New Jersey Company Should Go Belly Up on Tummy Liner Infringement
Pambra’s said it created and sells the tummy liner, a cotton-based piece of material that is worn under the lower belly fold of obese people to keep the skin dry and preventing chaffing. A pack of three sells for about $20 on Amazon.com. read more >
Retailers Walmart, Amazon Rolling Out Same-Day Deliveries
Wal-Mart Stores Inc. of Bentonville and Amazon.com Inc. of Seattle recently expanded their pilot programs to offer same-day service to customers in select cities. Both companies in some cases are using their own trucks and drivers to deliver the items, which can range from groceries to televisions. read more >
by Mark Friedman -
Experts See Web Sales Leveling Off After Quick Growth
From basically zero 20 years ago, online sales have already taken 6 percent of all U.S. retail sales. By 2017, that share is expected to jump to 10 percent. But then what? read more >
by Mark Friedman -
‘Marketplace Fairness’ Online Tax Waits for Congress
After years of court battles and failed bills, Congress is the only hope left for a measure intended to level the tax playing field between physical businesses and their online-only competitors. read more >
by Luke Jones -