Walmart’s eCommerce division is projecting losses of $1 billion in its bid to catch up with Amazon, which is causing tensions between the leader of the division and Walmart U.S. CEO Greg Foran, according to reports. The company has been acquiring companies like Jet.com ($3.3...
While this tracker normally focuses entirely on the moves and counter-moves of Walmart and Amazon as they race for the greater share of the consumer’s whole paycheck, every once in a while another player manages to scoop them both in the headlines competition. This week...
As Walmart works to integrate Jet.com into its business, the retailer is eliminating Simon Belsham’s role as Jet president. As a result, Jet team leaders will now report to Kieran Shanahan, who’s been overseeing Walmart’s food, consumables and health-and-wellness divisions online. “Bringing together talent from...
In an effort to deliver sustainable and fresh seafood to customers in New York City, Jet.com and Fulton Fish Market are teaming up for Jet’s City Grocery experience. The offering will allow customers to buy fresh yellowfin tuna and wild Chilean sea bass, among other products,...
November 22, 2019
With another indication that the urban-focused site is scaling back, the Jet subsidiary of Walmart is concluding its fresh-food delivery business only a year after bringing the service to New York City. The retailer will shutter a Bronx warehouse it was using for order preparation and will also let go of some drivers, Bloomberg reported. […]
July 03, 2019
Walmart’s eCommerce division is projecting losses of $1 billion in its bid to catch up with Amazon, which is causing tensions between the leader of the division and Walmart U.S....
June 13, 2019
As Walmart works to integrate Jet.com into its business, the retailer is eliminating Simon Belsham’s role as Jet president. As a result, Jet team leaders will now report to Kieran...
February 18, 2019
In an effort to deliver sustainable and fresh seafood to customers in New York City, Jet.com and Fulton Fish Market are teaming up for Jet’s City Grocery experience. The offering...
