As eCommerce Grows in 2020 is eBay Losing Relevancy?
Perhaps unsurprisingly thanks to the impact of Coronavirus and more people having to stay at home, there has been a boom in eCommerce, which has resulted in the eCommerce market reaching a level that was not forecast until 2022. The team over at eMarketer have put together a fantastic article outlining “US Ecommerce Growth” for […]
Walmart Big Save Event 2020 Now Live!
Walmart has officially announced its start to the holiday sales season with its Big Save Event 2020 which is live right now. Starting last night (Sunday October 11th) at 7pm and running until Thursday October 15th Walmart has staked their claim of kickstarting the traditional Black Friday sales period earlier than normal this year. This […]
Walmart Finally Announced Its Amazon Prime Membership Competitor
Walmart launched a new membership program this week called Walmart+ that brings together in-store and online benefits to save customers money. The long-rumored membership program finally becomes a reality and uses the company’s unique assets to make life easier for its customers. Along with the power of its online presence, Walmart+ has the reach of […]
Will Black Friday Be The Next Coronavirus Victim?
Thanksgiving and Black Friday may still seem like a long way away, but in eCommerce terms, many of the larger businesses will be planning and preparing for the holiday season over the next few weeks if they haven’t already. But in the current global situation it begs the question, what will happen around the holiday […]
BigCommerce Seeking To File U.S. IPO
Bloomberg reports that the online commerce platform BigCommerce is seeking an initial public offering (IPO) later this year, citing sources familiar with the matter. The report says the Texas-based company is working with Morgan Stanley on the IPO and could value in at around $1 billion. If the IPO happens, BigCommerce would follow its largest […]
Shopify Store Owners Are Frustrated With Walmart Connection App
Earlier this week, Shopify and Walmart announced their collaboration enabling Shopify merchants to list and sync inventory on the Walmart.com marketplace. While this partnership may not be an “Amazon Killer,” it offers an intriguing omnichannel solution for micro and small business merchants seeking to expand sales on the growing Walmart.com marketplace. However, looking at the […]
Report: Walmart Overtakes eBay In U.S. Online Commerce Market Share
MarketWatch reports citing data from eMarketer that in May, Walmart’s online sales surpassed eBay in market share of U.S. ecommerce sales. Amazon still leads the way in the number one spot dominating online commerce. In February, eMarketer published a graphic still showing eBay ahead of Walmart by .6 percentage points. This switch at the number […]
Shopify Merchants Can Now Sell On Walmart.com Through New Partnership
Shopify and Walmart partner to launch a channel enabling Shopify merchants to sell their products on Walmart.com. This marks the first time Walmart has partnered with a commerce platform empowering small to medium-sized businesses to sell through its online marketplace. According to Walmart, over 120 million Americans visit walmart.com every month, discovering and buying an […]
Walmart Shuts Down Jet.com – Was it Worth $3.3 Billion? (Updated)
As part of its first-quarter earnings report for 2021, Walmart announced it is shutting down Jet.com, the online marketplace it purchased in 2016 for $3.3 billion. Jet.com was co-founded in 2014 by Mark Lore, who had previously co-founded Quidsi, the parent company of ecommerce sites Diapers.com, Soap.com and Wag.com, which were purchased by Amazon in […]
Walmart Launches 2-Hour Express Delivery Service at Nearly 2,000 Stores
Walmart now offers Express Delivery, a new service that delivers more items from the store to customers in less than two hours. Walmart has accelerated the development of the service in the wake of the Coronavirus pandemic, piloting Express Delivery in 100 stores since mid-April. The service will expand to nearly 1,000 stores in early […]