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Marc Lore

Marc Lore, a founder of Jet.com, received nearly a quarter billion dollars in compensation from Wal-Mart in 2016.
Public Companies

Walmart E-Commerce Chief Marc Lore Resigns After Nearly 5 Years

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 >
Investments / Public Companies

Walmart Service to Deliver Groceries Inside Customers’ Homes

Walmart is now offering to have one of its employees deliver fresh groceries and put them in your refrigerator when you're not home. The service, called InHome Delivery, rolls out this fall to 1 million customers in three cities: Pittsburgh, Kansas City, Missouri, and Vero Beach, Florida. read more >
Marc Lore, a founder of Jet.com, received nearly a quarter billion dollars in compensation from Wal-Mart in 2016.
Investments / Public Companies / Transportation

Walmart Begins Rolling Out Next-Day Shipping

Walmart is rolling out free next-day delivery on its most popular items, increasing the stakes in the retail shipping wars. The retailer says next-day delivery will roll out to 75% of the U.S. population by year-end. read more >
Marc Lore, a founder of Jet.com, received nearly a quarter billion dollars in compensation from Wal-Mart in 2016.
Public Companies / Retail

Walmart, Other Retailers Step Up Personalization on Their Websites

Shoppers will see more personalization based on where they are and what they've bought before on the Walmart website, as the retailer and several other stores try to build stronger connections with shoppers used to the customization of Amazon. read more >
Marc Lore, a founder of Jet.com, received nearly a quarter billion dollars in compensation from Wal-Mart in 2016.
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Wal-Mart’s Marc Lore Blows Top Off Exec Compensation List

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 >
Adam Holland, Wal-Mart's senior director of the e-discovery and forensic services lab.
Business Services / Public Companies / Retail

Online Attacks Spur Corporate Cybersecurity Measures to Defend the WallLock Icon

Cyberattacks are a constant concern for individuals online, companies that have massive stores of data and governments. read more >
The Bonobos website.
Investments / Public Companies / Retail

Wal-Mart Adds to Portfolio, Buys Bonobos for $310M

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 CEO Doug McMillon speaks with Asda employees during the retailer's shareholders' meeting in Fayetteville.
Investments / Public Companies / Retail

Doug McMillon at Annual Meeting: ‘We’re Building A New Wal-Mart’

Wal-Mart Stores Inc. of Bentonville is recreating itself to better serve customers in today's changing world of retail. "We will compete with technology, but we will win with people," CEO Doug McMillon said. read more >
Public Companies / Retail / Transportation

Wal-Mart Tests Store Employee Delivery of Online Orders

In its latest effort to compete with online giant Amazon, Walmart is testing a delivery service using its own store employees, who will deliver packages ordered online while driving home from their regular work shifts. read more >
Wal-Mart's headquarters in Bentonville.
Investments / Public Companies / Retail

Wal-Mart Works to Close Gap Between Itself and Amazon

Even after an online spending spree, it may be hard for Wal-Mart to escape the Amazon in the room. Amazon keeps innovating too, implementing new technology and trying to make shopping more convenient. read more >
Wal-Mart's headquarters in Bentonville.
Investments / Public Companies / Retail

Wal-Mart Seeks Online Fashion Presence Through Acquisitions

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 >
Investments / Public Companies / Retail

Recode: Wal-Mart in Advanced Talks to Buy Bonobos

Wal-Mart Stores Inc. is in advanced discussions to buy online men’s fashion retailer Bonobos Inc., Recode reported on Friday, citing sources. read more >
Public Companies / Retail

Wal-Mart to Discount Online-Only Items Delivered to Stores

Starting next week, Wal-Mart will offer discounts on thousands of online-only items when customers elect to have them shipped to one of the company's stores for pickup. read more >

Wal-Mart Launches Incubator Lab to House Startups

Wal-Mart is launching an incubator lab focused on projects in robotics, virtual and augmented reality, and artificial intelligence as it aims to compete more aggressively with Amazon. read more >
Investments / Public Companies / Retail

In E-Commerce Push, Wal-Mart Launches Investor Arm, Store No. 8

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 >
Wal-Mart Stores Inc. President and CEO Doug McMillon is expected to name Jet.com CEO Marc Lore as Wal-Mart’s president and CEO of Global eCommerce.
Investments / Public Companies / Retail

Sources: Wal-Mart to Combine Buys for Online, In-Store Inventory

Wal-Mart Stores Inc. will combine its own buying for products sold at its stores with purchases it makes for its website — a significant move to stamp out duplicate efforts as it fights Amazon. read more >
Public Companies / Retail

Wal-Mart Completes $3B-Plus Purchase of Jet.com

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 >
Wal-Mart Stores Inc. President and CEO Doug McMillon is expected to name Jet.com CEO Marc Lore as Wal-Mart’s president and CEO of Global eCommerce.
Business Services / Investments / Public Companies / Retail

Will Jet.com Boost Wal-Mart’s E-commerce?

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 >