To bolster e-commerce push, Walmart increases investment in logistics
Walmart is making a major push to boost its logistics network as it grows its e-commerce and delivery capabilities.
The company reportedly will double its spending on attracting new truck drivers, a move to ensure quick movement of items from distribution centers to physical stores that serve in-person as well as e-commerce customers.
Walmart has mademajor investments in improving its supply chain through its acquisition of last-mile delivery company Parcel last year and e-commerce startup Jet.com the year before. Last week, it began an in-house last-mile delivery pilot. Building up driver capacity helps the company build up its logistics arsenal to more effectively compete with Amazon, Smalley said.
CedCommerce brings you the wide opportunity to expand your evolving eCommerce venture in Canada and sell on its top marketplaces. Decode the top Canadian marketplaces viz. Walmart Canada, BestBuy Canada, and NewEgg Canada. Hence, strategize your multichannel sales with any framework you opt for i.e. Shopify, WooCommerce, Magento, BigCommerce, and many more- Here.
About 20 million people are expected to shop on various e-commerceplatforms during the festive sale next month, translating into sales of around USD 3 billion for players like Amazon and Flipkart, says a report. The report by RedSeer Consulting stated that about 13–24 million shoppers had transacted on e-commerce sites during the five-day festive sale last year and 10 million in 2016 around the same time frame.
According to RedSeer, the daily gross merchandise value (GMV) during the five-day sale period is expected to be around USD 527 million.
The report also said the share of items like electronics and furniture during the sale could be higher this year due to “affordability” initiatives being undertaken by the e-commerce players.
That’s all from the world of eCommerce and mCommerce. How do you think the eCommerce space is transitioning for the betterment of both customers and retailers?
Your feedbacks help us boost our confidence. Do let us know your thoughts.
Featured among the winners of Technology Fast 50 India and Technology Fast 500 APAC for two years in a row, CedCommerce is the official Channel Integration of behemoths such as Walmart, Sears, Best Buy, and Newegg, etc. Facilitating onboarding of e-commerce sellers on these e-commerce platforms.