There are full weeks in the race to control the consumer’s whole paycheck — and then there are very full weeks. This week was one of the latter, as Walmart hosted its investor meeting in Arkansas and Amazon decided this week’s menu of technological innovations...
Walmart has named Scott Eckert to lead its investment arm and startup incubator, Store No. 8. Launched in 2017, Store No. 8 was created by Marc Lore, who joined Walmart in 2016 when the retailer bought his startup, Jet.com. The goal of the endeavor is to create relationships...
Walmart is looking for a new CEO. Bloomberg reported that the retailer has posted an opening for a “CEO, Stealth Company” who would be in charge of Store No. 8. The new executive will be responsible for “building a business from scratch,” as well as...
The one-upmanship competition that seems to be perennially on between Amazon and Walmart has just gotten its latest entry. Walmart has announced that it’s rolling out a same-day delivery service all their own, with a twist. Customers will be able to text their orders to...
June 04, 2019
Walmart has named Scott Eckert to lead its investment arm and startup incubator, Store No. 8. Launched in 2017, Store No. 8 was created by Marc Lore, who joined Walmart in 2016 when the retailer bought his startup, Jet.com. The goal of the endeavor is to create relationships with artificial intelligence (AI) and emerging tech entrepreneurs. Since its […]
January 18, 2019
Walmart is looking for a new CEO. Bloomberg reported that the retailer has posted an opening for a “CEO, Stealth Company” who would be in charge of Store No. 8....
February 06, 2018
As Walmart seeks to invest in tech to compete with Amazon, the retailer has acquired a small virtual reality (VR) startup. Spatialand will become the crux of Walmart’s VR efforts...
July 17, 2017
Walmart has announced a nationwide competition for developers who create new virtual reality (VR) solutions that can change the way people shop and live. According to Chain Store Age, Walmart’s...