article thumbnail

Walmart’s International Omnichannel Expansion

PYMNTS

Far from its headquarters in Bentonville, Arkansas, Walmart is seeking to deliver stronger omnichannel offerings internationally. However, the segment has grown quickly, and Amazon, along with its competitors, is seeking to ramp up its focus on technology, product offerings and logistics.

Retail 166
article thumbnail

Walmart Thinking Small When It Comes To Tech

PYMNTS

Walmart is open — not just for business but to new technology ideas. It is looking to startups to potentially lead growth with big ideas and new technology solutions from small, agile companies. It is looking to startups to potentially lead growth with big ideas and new technology solutions from small, agile companies.

Retail 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Walmart Bot Strategy Is Not To Use Them

PYMNTS

Looking ahead,” said President and CEO Doug McMillon , “we will compete with technology, but win with people. Walmart has “started to invent the future of shopping again,” using technology to empower associates and improve the customer experience, McMillon told 14,000 associates during the company’s 47 th Annual Shareholders Meeting.

Strategy 109
article thumbnail

Whole Paycheck: Amazon And Walmart Use Drones, Self-Driving Trucks And 767s to Beat Each Other At Delivery 

PYMNTS

Walmart Gets Green Light to Start Drone Delivery Near Arkansas HQ . Walmart this week got local zoning approval from the city of Pea Ridge, Arkansas, near its company headquarters, to start using the chain’s local store as a drone launch-and-delivery hub.

Arkansas 152
article thumbnail

Amazon Walmart Whole Paycheck Tracker: Better Delivery By Any (And Every) Means

PYMNTS

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 in retail would be an all-you-can-eat buffet. He said the technology is a “new era in commerce. And that was just the serious stuff.

Arkansas 109
article thumbnail

Acquire or Be Acquired 2018: Breaks, Bulls and Business Models

Gonzobanker

At the same time, most bank executives agreed that a 20%-25% increase in earnings from the tax break is being earmarked for investments in their franchises: market expansion, raises for employees and, of course, technology investments.

Taxes 76
article thumbnail

Retail’s Adapt-Or-Die Moment: How Artificial Intelligence Is Reshaping Commerce

CB Insights

Below, we analyze how AI, machine learning, and computer vision-based technologies — including robots used for heavy lifting, navigation, and assembly tasks — are impacting all parts of the retail chain, from the manufacturing of goods all the way to their distribution. Using CB Insights data, we dug into the changing retail landscape.

Retail 78