Walmart Fintech Incursion From the Financial Brand Jan 2021 — The deal with Ribbit may reflect Walmart’s desire to get further into the actual guts of financial services, rather than being solely a distribution partner. At present, the fintech startup will be majority-owned by Walmart and some activities will be pursued via partnerships with other fintechs. Leadership will include… Read More »
From the Walmart Blog Sep2020 — Sept. 30, 2020 By Janey Whiteside, EVP and Chief Customer Officer, Walmart Walmart has been on a transformational journey for several years now, reimagining ways to create seamless omni-shopping experiences that save our customers time and inspire them whether in-store, online or via mobile. Today, our imagination becomes a reality as we… Read More »
From the DailyMail UK June 2020 A group of anonymous Walmart workers have raised concerns about the anti-shoplifting technology used to monitor the company’s self-checkout kiosks. A group that calls themselves ‘Concerned Home Office Associates’ has circulated a video documenting the system’s flaws, including frequent failures to identify unscanned items, and incorrectly identifying personal items potentially shoplifted. In an email… Read More »
From the Kansas City Star Jun2020 Going full self-checkout only has pluses and minuses. It has critics and fans. The pandemic has sensitized buyers towards other people handling their food (after they have handled 200 other persons food). A lot more Walmart employees now get to assist and make the experience better, rather than acting as checker. Bagging… Read More »
Nice wrap from Clark on Walmart MoneyCenter May 2020 Here’s What You Need to Know About Walmart MoneyCenter You can shop for just about everything at Walmart — from groceries to clothing to housewares — but have you ever considered doing your banking there too? Table of Contents What Is Walmart MoneyCenter? Which Services Does Walmart MoneyCenter Offer?… Read More »
Excerpted from Fast Company April 30, 2019. Recommended read! Walmart’s AI-powered store of the future is nothing like Amazon Go There are cameras. There is AI. And the similarities end there. By Mark Wilson 5 minute Read When Amazon launched its first Go store in 2018, the public lined up around the block to see the future of… Read More »
FedEx Office, a subsidiary of FedEx, on Tuesday announced it will bring 500 new FedEx Office packing, shipping and printing locations to U.S. Walmart stores. At ShopTalk in Las Vegas the companies said a pilot program had successfully driven more traffic to the retailer while smoothing logistical problems.
Source: www.retaildive.com
I like the line from Doug Stephens — Walmart has clearly recognized that if it’s going to hold its own against Amazon, it needs to think less like an empire and more like a network.
