Buying Flipkart Gives Walmart an Edge Well Outside of India
By: Nicole Silberstein, Hamutal Schieber Walmart’s recent acquisition of Indian e-commerce platform Flipkart will give the world’s largest retailer a stronghold in one of the hottest growth markets of the moment, but the deal also has the potential to give Walmart...
Amazon to Focus on Grocery, Alexa: Webcast Recap
Amazon today (Feb 1) announced its financial results for Q4, 2017 and full year 2017. Net sales increased 38% to $60.5 billion in the fourth quarter, compared with $43.7 billion in fourth quarter 2016. For the full year of 2017, net sales increased 31% to $177.9...
Amazon’s Fresh Grocery Strategy: Beyond Whole Foods
A new report by OneClickRetail states that Amazon’s grocery sales exceeded $ 1.5bn in 2017. The report attributes much of the growth to Amazon’s June 2017 acquisition of Whole Foods Market. We would like to point out some other aspects of Amazon’s...