Fetch’s Post

This is another interesting story from David Rogers which proves again DX is not about technology, it involves a comprehensive reimagining of business processes and, strategies. #digitaltransformation

Walmart offers a great example of innovation via #experimentation—in its pursuit of online groceries, one the biggest opportunities for Walmart in the digital era. The high frequency of grocery purchase makes them incredibly important for Walmart’s brick-and-mortar stores. For Walmart’s online ambitions, groceries are equally critical. But unlike many legacy firms—Walmart did NOT embark on its digital strategy by drawing up a big, detailed plan, full of business cases and financial forecasts. Walmart’s leaders did NOT decide from the top what the best way forward was going to be. Instead, teams at Walmart Labs engaged in a constant cycle of rapid experimentation—testing in the marketplace, often with quick and simple prototypes, to learn what would and would not work in the real world. ▶ READ the full story of what Walmart discovered here: https://lnkd.in/eRwYg2qr

Once upon a time, I came across a challenging & slightly unusual situation: - Walmart faced significant hurdles with e-commerce adoption, impacting their market share and overall competitiveness. - The traditional retail model couldn't keep up with evolving consumer demands, leading to a decline in customer satisfaction. Sure, such transformation challenges happen in large corporations. Sometimes we have to pivot and adapt to changing market dynamics. But here’s what I could never understand: Why does a giant like Walmart, with all its resources, struggle so much with digital transformation? 🚀 Despite vast resources, Walmart lagged behind nimbler, digitally-native competitors due to outdated legacy systems and a traditional retail mindset. Even the largest corporations need expert guidance for successful digital transformation, which is where Kookoo Ventures steps in. 🔍 Our detailed analysis of Walmart’s e-commerce journey reveals key lessons for any business aiming for digital transformation: -Leveraging cutting-edge technology -Fostering a culture of innovation -Realigning strategies to meet and exceed market expectations Discover more about how we helped Walmart overcome these hurdles in the first comment (https://lnkd.in/eZ24BYar) 🚀 #Innovation #Technology #BusinessStrategy #CEOs #Wallmart

Walmart Inc. (NYSE:WMT) has started fiscal year 2025 with a bang, showcasing its strength and adaptability in the ever-changing retail landscape. The company reported a notable 5.7% increase in sales growth, surpassing its initial projections of 4% to 5%. This was paired with a solid 12.9% rise in adjusted operating profit, highlighting Walmart’s efficient management and strategic moves. ▪️Stellar Growth Across the Board Walmart has seen impressive growth in all its segments, with international sales up by 10.7%. The e-commerce segment was a standout, soaring by 19%. ▪️Innovations and Expansions This quarter, Walmart launched a new private brand, Better Goods, targeting budget-conscious consumers. The expansion of its delivery services has made shopping even more convenient, boosting customer satisfaction and loyalty. ▪️ Looking Ahead: Q2 Forecasts For the second quarter of fiscal 2025, Walmart is optimistic, expecting sales growth between 3.5% and 4.5% and projected earnings per share (EPS) between $0.62 and $0.65. The company plans to update its full-year guidance after Q2, anticipating continued positive momentum. 📌 For those looking to delve deeper into the financial health of companies like Walmart Inc., the Financial Score API is an invaluable tool. 📌 It provides comprehensive insights into overall financial stability, helping you make well-informed investment decisions. 📌 Discover more here: https://lnkd.in/dWKrDbcz #Walmart #EarningsReport #Endpoint #API

$11.7 billion to run the #digitaltransformation for a single company. Did you know that #Walmart, the world's largest company by revenue, invested a whopping $11.7 billion in #technology during 2017-18? This move marked its determined stride into the realm of digital transformation, and the results were phenomenal. Established in 1962, Walmart had long dominated the brick-and-mortar retail space. But as the digital age unfolded, e-commerce giants like Amazon began to reshape consumer behavior. Sensing the shift, Walmart embarked on a journey to revamp its strategies. In 2016, they made a bold move by acquiring Jet dot com, an e-commerce company, for $3.3b. This actually signaled the start of its digital transformation journey. Fast forward to 2018, Walmart intensified its tech efforts, hiring thousands of tech employees and becoming the third-largest IT spender globally. Which is crazy! I wish I was the contractor back then! The result? A remarkable surge in online sales, especially during the COVID-19 pandemic, where e-commerce sales in the U.S. soared by 97% in Q2 of 2020. Walmart's story teaches us a valuable lesson - embracing change and investing in digital innovation can lead to unprecedented growth, even for the biggest players in traditional industries. I know some CEOs who are afraid of investing $10k into something he cannot touch :) Well, you can definitely touch the money that are the ROI in the longer term!

If this doesn’t shock you. You don’t even know me. I talk about Instacart in like one of four posts. I love Instacart more than my morning coffee. More than peanut butter. But we just launched an exclusive pilot with DoorDash. Brands have been FLOODING to Instacart. But DoorDash has been invitation only. Until now. We’re now bringing Mid-size brands to DoorDash. And we’re the only agency with the green light. We are halfway through onboarding our existing clients. And then we’ll take ten more. If you’ve wanted to get into the fastest growing delivery service… This is your shot. DM me for details. ——— 🔹 We grow brands on Amazon. 🔹 We increase velocity in Whole Foods, Walmart, Target, Walgreens, CVS, Kroger, Sam's, COSTCO, and lots of other cool retailers. #cpg #cpggrowth #retailgrowth #retailvelocity #omnichannel #retail #amazonagency #retailmedia

𝗪𝗵𝗼 𝗮𝗿𝗲 𝘆𝗼𝘂 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝗻𝗴 𝗮𝗴𝗮𝗶𝗻𝘀𝘁 𝗶𝗻 𝗰𝗼𝗻𝘃𝗲𝗻𝗶𝗲𝗻𝗰𝗲 𝗿𝗲𝘁𝗮𝗶𝗹? 🌎 ᴇ ᴠ ᴇ ʀ ʏ ᴏ ɴ ᴇ 🌍 Walmart is running Walmart+ Week from June 17 to June 23, giving members of its paid subscription program special deals all week. You might brush aside the world’s largest retailer. But when you look closer, you’ll find they’re in the same business as you: convenience. In this week’s appreciation event Walmart is leaning into several domains that tie to our industry’s strengths. 🚗 𝙏𝙧𝙖𝙫𝙚𝙡 𝘵𝘰 𝘵𝘩𝘦 𝘥𝘦𝘴𝘵𝘪𝘯𝘢𝘵𝘪𝘰𝘯 ▪️Cash back on flights, hotels, and car rentals ⛽️ 𝙁𝙪𝙚𝙡 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘳𝘰𝘢𝘥 ▪️20 cents off per gallon on your fill-up 🛍️ 𝘿𝙚𝙡𝙞𝙫𝙚𝙧𝙮 𝘵𝘰 𝘺𝘰𝘶𝘳 𝘥𝘰𝘰𝘳 ▪️Free delivery in under 2 hours Plus there’s Walmart’s core proposition, focused on highlighting Walmart as the all-in-one destination for your everyday needs – helping customers save time and money by making it easy. 𝘚𝘰𝘶𝘯𝘥𝘴 𝘭𝘪𝘬𝘦 𝘢 𝘤𝘰𝘯𝘷𝘦𝘯𝘪𝘦𝘯𝘵 𝘴𝘵𝘰𝘳𝘦 𝘵𝘰 𝘮𝘦. 👀 #cstores #conveniencestores #convenience #digital 🌐 I’ve spent the last 15 years helping retailers, CPGs, and tech suppliers digitize their business, enabling deeper connections with their customers. 🎛️ When today’s technologies are put to use strategically, companies can drive profitable behavior change in their business. 📩 If you’d like to talk about what this could mean for your stores, reach out and let’s chat: [email protected]

🚀 𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐍𝐞𝐰𝐬!🚀 I'm thrilled to unveil my latest product: 𝐌𝐚𝐫𝐤𝐞𝐭𝐩𝐥𝐚𝐜𝐞 𝐀𝐬𝐬𝐨𝐫𝐭𝐦𝐞𝐧𝐭 𝐄𝐱𝐩𝐥𝐨𝐫𝐞𝐫 on Walmart Seller Center for our Sellers! 🎉 After extensive work on ideation and implementation of 𝐀𝐬𝐬𝐨𝐫𝐭𝐦𝐞𝐧𝐭 𝐑𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 on Seller Center, which offers pristine, curated insights to help sellers thrive in their categories on Walmart, we're now taking it to the next level.  𝐀𝐬𝐬𝐨𝐫𝐭𝐦𝐞𝐧𝐭 𝐄𝐱𝐩𝐥𝐨𝐫𝐞𝐫 is a cutting-edge seller insights product, powered by in-depth data from market trends and Walmart customer demand. It's crafted to help sellers pinpoint and capitalize on their next big opportunities at Walmart. This tool provides an unrestricted view of the demand for high-potential items that Walmart customers are actively seeking. Stay tuned for more updates and get ready to explore new heights with Assortment Explorer! 🚀 #Innovation #Ecommerce #Walmart #ProductLaunch #SellerSuccess https://lnkd.in/gnPkDGfY https://lnkd.in/gUxBQFT2

Interesting article on how Walmart reinvented itself during the pandemic to now emerge as almost unbeatable force in retail. Walmart's transformation during the pandemic has solidified its reputation as a fashion and tech-savvy retailer among diverse economic groups. The company has adapted to inflationary pressures by focusing on value, appealing to skeptical consumers seeking affordable options rather than just brand names. A new Walmart persona emerged in January 2024, showcasing confidence in its retail leadership through participation in major industry events and discussions on AI and customer experience. Walmart's retail ecosystem now includes marketplaces, advertising, and AI, contributing to incremental revenue and customer satisfaction, with a business model that supports profit growth outpacing revenue growth. In a contrasting move to other retailers, Walmart announced wage increases while competitors like Macy's faced layoffs, reflecting its strong market position. Walmart's stock performance has significantly outpaced the S&P 500, with shares rising 44% year-to-date, indicating robust investor confidence. The retailer is successfully attracting upper-income customers, expanding its marketplace offerings, and increasing sales in its Dollar Shop initiative. Walmart is investing over $9 billion to modernize stores, enhancing the shopping experience with improved layouts and increased in-store services. The company is focused on creating a seamless omnichannel experience, integrating online and in-store shopping to exceed customer expectations. Walmart+ membership is growing, providing various benefits and contributing to increased revenue, while the company is leveraging AI to enhance product discovery and inventory management. Walmart is positioning itself as a fashion destination, offering affordable high-fashion items, which could elevate its market capitalization significantly. #walmart #retail #reinvent #leadership

Walmart Breaks New Records 🚀 Walmart saw a significant surge in its shares, propelling the retailer's market value past $500 billion for the first time. 👉 Following the announcement of stronger-than-expected first-quarter earnings and an upward revision of its annual sales and profit forecasts, Walmart's stock soared by 7%, marking its highest increase since March 2020, and closed at an unprecedented $64 per share. 👉 This surge added approximately $34 billion to its value, resulting in a market capitalization of $515.8 billion. 👉 The attainment of a $500 billion market value underscores Walmart's expanding dominance, distinguishing it from many competitors in the retail sector. This strategic focus on e-commerce is expected to attract a broader customer base and retain the higher-income clientele Walmart has garnered, even amid moderating inflation trends. 📈