📦 The Order : Weekly Roundup - Walmart & Wonder Brands

Issue #124

Happy Sunday,

Here’s a quick roundup of last week’s news :

Chart of the week 📈

The store as a fulfillment center. Having 90% of US population within 10miles of a Walmart store makes this possible. In “Walmart Fulfills 50% of Online Orders From Stores” Marketplace Pulse digs in:

Movers & Shakers 🙌

• Wonder Brands’ pivot to acquiring e-commerce infrastructure pays off [Techcrunch]

• Keith Rabois' startup OpenStore is launching a new program to boost Shopify merchants who aren't big enough to sell their stores yet [Business Insider]

• AnyMind posts strong profit bump in Q2, beats projections [Tech in Asia]

Strategy 🦈

• Big ads push: “Amazon Sponsored Product Ads will appear on pinterest, buzzfeed, and other sites” [Ad Age]

• How Amazon continues to improve the customer reviews experience with generative AI [Amazon]

• “Amazon sellers are preparing for a slightly less hectic holiday season” [Modern Retail]

• Listing heads up: “Amazon Adds More Required Product Attributes for New Listings” [eCommerce Bytes]

• Amazon Imposing Fee on Sellers Who Ship Products Themselves [Bloomberg]

• This test doesn’t sit well with everyone: “Amazon's overcomplicated new product star ratings are no bright idea” [Android Police]

• Amazon Ads eating into Google, Meta’s digital marketing pie [Economic Times India]

• Amazon Offers Influencers $25 Per Video, Sparking Chorus of LOLs [Bloomberg]

• Shopify's ecosystem is about to face a major test: Large partners like Klaviyo are eying an IPO, while smaller startups may struggle to compete [Business Insider]

• DTC brands are struggling to turn a profit. Shopify and some software startups aim to solve this by paying customers to shop. [Business Insider]

• Strong eCom earnings: “Walmart Lifts Sales Outlook, Fueled by Consumers Looking for Deals” [Wall Street Journal]

• Walmart earnings smash expectations after weaker second quarter from Target [Yahoo]

• Walmart+ Ramps Up Pressure on Amazon Prime [Bloomberg]

• Video interview following Walmarts results: “Walmart's Becoming a Tech Powerhouse: Teikametrics CEO” [Bloomberg]

• Internet Firm Sea Misses Sales Estimates on Slowing E-Commerce Demand [Yahoo]

• Overstock’s rebrand as Bed Bath & Beyond may go down as the best in marketing history [Fast Company]

Events 🎤

• Amazon Accelerate, Sep 12-14, Seattle, US

• eClimb Summit, Sep 21, London, UK

• Seller Velocity Conference, Oct 11-12, New York, US

• Amazon Ads unBoxed, Oct 24-26, New York City, US

Make this week count 🙌

Christian