This episode offers a comprehensive look at the Q2 2018 performance and strategic moves of retail giants Amazon, Walmart, and Target. Ecommerce operators will gain insights into the evolving competitive landscape, the critical importance of omnichannel strategies like grocery pickup and in-store returns, and the growing influence of technology such as Amazon's 'Just Walk Out' system and voice commerce.
Key takeaways
Amazon is aggressively licensing its 'Just Walk Out' technology, indicating a future where automated retail experiences become more widespread beyond Amazon's own stores.
Walmart's significant e-commerce growth and expansion of grocery pickup services highlight the necessity for retailers to invest heavily in robust omnichannel fulfillment options to meet consumer demand.
The ability for Party City to sell on Amazon, and Walmart's acceptance of 3rd party returns in-store, emphasize the increasing blurring of lines between marketplaces and traditional retail, urging brands to consider diverse sales channels and seamless return experiences.
Walmart's co-investment in a Chinese online grocery service underscores the strategic importance of global partnerships and localized solutions for expanding market reach and staying competitive internationally.
The rapid expansion of services like 30-minute curbside pickup by Whole Foods (Amazon) points to an escalating consumer expectation for speed and convenience in last-mile delivery.
EP142 - Industry News and Retail Earnings Scot Wingo Tarheel of the week. Amazon News Amazon licensing it's Amazon Go "Just Walkout Technology" to Hundai in S. Korea Whole Foods now selling via Alexa Whole Foods offering 30-minute windows for curbside pickup Party City selling on Amazon Walmart News Earnings – Same Store Sales up 6% y/y (highest in 10 years) 40% E-Com Growth Traffic and Tickets up 2% in US Grocery pickup is now in more than 1,800 locations (40% of US Pop by EOY) "Clearly, the consumer backdrop is favorable, we're getting a little bit of benefit from that", Dan Binder VP Investor Relations Allowing 3p returns in stores Walmart co-leads $500M investment in Chinese online grocery service Dada-JD Daojia Target News Sam
What does this episode say about amazon & marketplaces?
Amazon is aggressively licensing its 'Just Walk Out' technology, indicating a future where automated retail experiences become more widespread beyond Amazon's own stores.
What does this episode say about retail & omnichannel?
Walmart's significant e-commerce growth and expansion of grocery pickup services highlight the necessity for retailers to invest heavily in robust omnichannel fulfillment options to meet consumer demand.
What does this episode say about supply chain & operations?
The ability for Party City to sell on Amazon, and Walmart's acceptance of 3rd party returns in-store, emphasize the increasing blurring of lines between marketplaces and traditional retail, urging brands to consider diverse sales channels and seamless return experiences.
What does this episode say about founder & leadership?
Walmart's co-investment in a Chinese online grocery service underscores the strategic importance of global partnerships and localized solutions for expanding market reach and staying competitive internationally.
What does this episode say about amazon & marketplaces?
The rapid expansion of services like 30-minute curbside pickup by Whole Foods (Amazon) points to an escalating consumer expectation for speed and convenience in last-mile delivery.
