Wal-Mart Archive

Watch Out Wal-Mart. Amazon Is Coming After the Grocery Business

SEATTLE, United States — For years, Wal-Mart Stores Inc. has followed Amazon.com Inc., putting inventory online and starting its own version of a marketplace where third-party merchants can sell their wares. Now Amazon is returning the favour. The e-commerce behemoth is building pickup locations for groceries in Seattle that could open by the end of the year, according to someone familiar with the plans, echoing a …

Social Goods | Throwaway Clothing Culture, Ivanka Trump vs Working Moms

“Pressure Mounts on Retailers to Reform Throwaway Clothing Culture” (The Guardian)“Americans dispose of about 12.8m tons of textiles annually. But a growing number of environmentalists and clothing retailers say it’s time to begin making new clothes out of old items on a large scale, reports Yale Environment 360.” “Ivanka Trump Champions Working Moms — Except the Ones Who Design Her Clothes” (The Washington Post)“The company that …

Wal-Mart in Talks to Buy Online Retailer Jet.com

BENTONVILLE, United States — Wal-Mart Stores Inc is in talks to buy online retailer Jet.com, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. It was not clear how much Wal-Mart would pay, but Jet.com could be worth as much as $3 billion (£2.25 billion), the WSJ said. Wal-Mart declined to comment. Jet.com, considered a formidable competitor to Amazon.com Inc, was …