Jet.com

Marc Lore, Walmart's e-commerce chief, is leaving the world's largest retailer, nearly five years after he joined to super charge its online business amid stiffer competition from online leader Amazon. read more >

E-commerce and pickup and delivery services paid off big for Walmart Inc. of Bentonville in the first quarter, driving financial results that beat analysts expectations and showed the retailer well-positioned to cater to customers amid the COVID-19 pandemic. read more >

Walmart is eliminating the position of president at its Jet.com subsidiary, which it acquired in 2016, as it further merges the rest of its team with its namesake online operations. read more >

Walmart Inc. President and CEO C. Douglas McMillon saw his total compensation increase about 2 percent for the fiscal year that ended Jan. 31 compared with the previous year. read more >

Although Amazon’s online sales still dwarf Walmart’s — Amazon accounted for about 44 percent of all U.S. e-commerce sales last year — Walmart has made it clear that it won’t go gentle into that good night. read more >

The word “outlier” was invented to describe things like the top entry on this week’s list of the highest-paid executives employed by public companies in Arkansas. read more >

Wal-Mart Stores Inc.'s online sales is likely to grow double than Amazon.com Inc. during the back-to-school season, helped by the Jet.com acquisition and competitive price offerings, industry research body NPD said. read more >

Wal-Mart Stores Inc. of Bentonville announces that it will buy online apparel retailer Bonobos Inc. for $310 million in cash. read more >

Wal-Mart's bid for Bonobos is the latest step in the company's attempt to recover lost ground against Amazon and others in the growing online fashion world, analysts say. read more >

Wal-Mart Stores Inc. will launch its first investment arm to expand its e-commerce business in partnership with retail start-ups, venture capitalists and entrepreneurs. The plan is being spearheaded by Marc Lore, Wal-Mart's e-commerce chief, who joined company from Jet.com, which it acquired for more than $3 billion in August. read more >

Both the value and the volume of mergers and acquisitions in Arkansas rose last year, with the value increasing 11 percent to $9.8 billion and the volume rising 10 percent to 92. read more >

Wal-Mart completes its deal to buy fast-growing Jet.com for $3 billion in cash plus $300 million in stock, an acquisition aimed at helping the world's largest retailer attract younger and more affluent customers to drive online sales. read more >

Retail watchers have mixed feelings about whether Wal-Mart Stores’ $3.3 billion purchase of Jet.com of Hoboken, New Jersey, will be the spark the Bentonville retailer needs to boost its online sales. read more >

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 >