📦 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