Three Years After Jet.com Acquisition, Is Walmart Finally Ditching Its Misguided Online Strategy?

  • 📰 Forbes
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Walmart may be finally understanding the right e-commerce strategy

Share to twitterLightRocket via Getty Images

With the Jet name being downplayed—if not extinguished sometime soon—and its operations folded back into the parent company, it has become painfully clear that the boys from Bentonville have wasted an awful lot of time going down the wrong cyberpath. But you could make an equally strong case that Lore—and by default his boss, CEO Doug McMillon—took the company down a rabbit hole it had no business being in. When you’re a $500 billion company you can’t be messing around with tiny little businesses that are rounding errors at best.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

When it is available, the Ship to Store feature is a real advantage over Amazon for smaller dollar transactions. Also if I'm there to pick up I'm likely to make other in store purchases

Wallllllllmartttjake paul

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines