May 19, 2020 by MMR
first quarter sales, fiscal results, Jet.com, Walmart
Featured Articles, Leading Headlines, Money, Retail News
BENTONVILLE, Ark. — Walmart posted strong sales gains across its businesses in the first quarter, with demand driven by the COVID-19 outbreak. Unprecedented demand for products across multiple categories led to strong top-line results. But certain incremental costs negatively affected operating income, including costs associated with enhanced wages and benefits as well as safety and
June 24, 2019 by MMR
Jet.com, Walmart
2019, Issue 6-24-2019, Issues
BENTONVILLE, Ark. — Just over two years after Walmart acquired Jet.com, the retailer is now taking steps to more fully integrate the e-commerce platform into its own business. As part of the planned changes, Simon Belsham’s role as Jet president will be eliminated, and Jet team leaders will now report to Kieran Shanahan, who has
April 16, 2018 by MMR
Jet Grocery, Jet.com, Simon Belsham, Walmart
2018, Issue 04-16-2018, Issues
BENTONVILLE, Ark. — Walmart’s Jet.com has named Tesco PLC veteran Simon Belsham president. Belsham will oversee all operations, including the unit’s online grocery and general merchandise business. “With Jet Grocery being an integral part of the strategy, Simon brings incredible experience in scaling grocery delivery and his unique background in converging technology and retail to
March 26, 2018 by MMR
Jet.com, Marc Lore, Simon Belsham, Tesco PLC, Walmart
Featured Articles, Leading Headlines, People, Retail News
BENTONVILLE, Ark. — Walmart has tapped Tesco PLC veteran Simon Belsham to serve as president of Jet.com, effective immediately. Belsham will oversee all operations, including the unit’s online grocery and general merchandise business, Marc Lore, president and chief executive officer of Walmart eCommerce U.S., said in a memo to employees. “With Jet Grocery being an
November 10, 2017 by MMR
Jet.com, Nielsen, POS data, Walmart, Walmart One Version of Truth
Leading Headlines, Supplier News
NEW YORK — Nielsen announced Thursday that it had been named Walmart’s preferred provider of point-of-sale data, and was expanding its partnership with the giant retailer. Nielsen chief executive officer Mitch Barns shared details of the arrangement during the the company’s Investors Day conference. According to Barns, Nielsen and Walmart are teaming up to create
October 30, 2017 by MMR
Camilla Crane, Dan Hooker, Elmwood, Jet.com, Liza Landsman, Uniquely J, video, Walmart, Walmart eCommerce
Retail News, Videos
HOBOKEN, N.J. — Walmart’s Jet.com online retail unit has unveiled a new consumer essentials brand called Uniquely J. More than 50 SKUs are now available for Uniquely J, spanning such categories as coffee, condiments, cleaning, laundry, pantry, paper and food storage. Jet.com said more items will be added to the brand in the coming months
October 3, 2017 by Scot Meyer
delivery, e-tailer Jet.com, Jet, Jet.com, Nate Faust, Parcel, same-day deliveries, Walmart, Walmart U.S. e-commerce supply chain
Featured Articles, Leading Headlines, Retail News, Topics
BENTONVILLE, Ark. —Walmart has acquired Parcel, a company specializing in same-day delivery of perishable and non-perishable goods to customers in New York City. “Delivery is increasingly one of the most important elements for today’s online shoppers, as demands for speed, flexibility, and reliability continue to grow,” Nate Faust, senior vice president, Walmart U.S. e-commerce supply
September 29, 2017 by MMR
Jet.com, Parent’s Choice, Uniquely J, Walmart
Leading Headlines, Retail News
HOBOKEN, N.J. — Walmart’s Jet.com plans to introduce a line of upscale private label merchandise aimed at urban millennials. The new brand, called Uniquely J, will include food, beverages and household goods, and is expected to debut in the next two months, according to published reports, which indicated that the line will later expand into
May 22, 2017 by Jeffrey Woldt
Jeffrey Woldt, Jet.com, Marc Lore, Story, Walmart
2017, Issue 05-22-2017, Issues, Opinion
Jet.com has a knack for shaking things up. The upstart e-commerce company, which was launched by a group headed by Marc Lore in July 2015 and a little over a year later sold to Walmart for $3.3 billion, is making its first foray into brick-and-mortar retailing, and, true to form, it is doing so in
April 18, 2017 by MMR
Bonobos Inc., Jet.com, Walmart
Featured Articles, Leading Headlines, Retail News
BENTONVILLE, Ark. — Walmart is reportedly close to making a deal that would put men’s apparel retailer Bonobos Inc. under the umbrella of its Jet.com e-commerce unit. The negotiations were reported by technology website Recode, which cited unnamed sources with knowledge of the matter. Bonobos, based in New York, sells men’s suits, dress shirts, outerwear,
February 14, 2017 by MMR
Amazon.com Inc., Jet.com, Walmart
Featured Articles, Leading Headlines, Retail News
NEW YORK — Walmart plans to streamline its buying process so that the same merchants can purchase products for the retailer’s stores and its web site, according to published reports. The move should help Walmart leverage its considerable buying power to make its online offering more compelling to consumers. The new approach will mean that
August 29, 2016 by Jeffrey Woldt
e-commerce, Jeffrey Woldt, Jet.com, Walmart
2016, Issue 08-29-2016, Issues, Opinion
Walmart’s decision to acquire Jet.com speaks volumes about how the leadership team at the world’s largest retailer sees the impact of e-commerce on the consumer goods market, the company’s future role within the sector, and the transformation of the corporate culture created by Sam Walton more than half a century ago to ensure that Walmart