Image Credit: RIS News “For perspective, it’s worth noting that eMarketer expects Walmart to account for 4.6% of ecommerce sales this year, up from around 4% in 2018. The company expects to come off its 40% growth in 2018 with 35% growth in 2019. This doesn’t compare with Amazon’s strong double digit growth rate especially…
Tag: Walmart
Pinterest hires Walmart CTO Jeremy King as head of engineering
“Just a few days after VentureBeat reported that Pinterest chief technology officer (CTO) Vanja Josifovski was jumping ship for Airbnb, the game of musical chairs is continuing with news that Pinterest has hired Walmart CTO Jeremy King as its new head of engineering. The announcement comes less than 24 hours after an internal memo revealed…
Walmart Builds a Secret Weapon to Battle Amazon for Retail’s Future
“The world’s largest retailer is using Jetblack, a money-losing personal-shopping service, to develop artificial intelligence to compete with e-commerce giant Amazon” https://www.wsj.com/articles/walmart-builds-a-secret-weapon-to-battle-amazon-for-retails-future-11553181810
South by Southwest isn’t just big for tech, film and music. Retailers make a splash at SXSW
Photo by Gary Miller “In between the glamour and geeks, companies like Walmart, Macy’s, Nordstrom and Kohl’s are sending execs to Austin to tout new technologies and how they’re keeping up with the changing retail landscape. In addition, some retailers that started out and still mostly sell online will be at this year’s SXSW, which…
How Walmart is going all in on artificial intelligence
“Sales in the U.S. are at a nine-year high. One thing Jeff’s presentation made abundantly clear is that the company plans to keep those numbers up with artificial intelligence. Last spring, Walmart redesigned its website to be more personalized. Shoppers are served product recommendations based on their previous behaviors, an important distinction. According to Accenture,…