Randy Hofbauer, EnsembleIQ
It’s understood that in ecommerce, the grocery channel has been somewhat of a laggard compared with others.
According to New York-based eMarketer.com, computers and consumer electronics are anticipated to make up the No. 1 category in U.S. ecommerce dollar sales between 2012 and 2018, at $108.4 billion, trailed by apparel and accessories ($86 billion) and auto and auto parts ($51.6 billion) at Nos. 2 and 3, respectively. Food and beverages fall at No. 9, with $10.9 billion.
Grocery ordering online for pickup or delivery is anticipated to mature, however. While only 12 percent and 9 percent of North Americans in 2015 reported purchasing groceries online for delivery or pickup, respectively, 55 percent and 57 percent said they’re willing to do the same, respectively, according to “The Future of Grocery,” an April 2015 report from Schaumburg, Ill.-based market researcher Nielsen. Clearly, many are ready to give online grocery shopping a try.
Randy Hofbauer, EnsembleIQ
In the wake of Wal-Mart Stores Inc. s move to acquire Jet.com for $3 billion in cash, along with $300 million of the Bentonville, Ark.-based retailer s shares, the burning question on many observers minds is how effectively the pricey deal will enhance the world s largest conventional retailer s position as a competitor of Seattle-based e-commerce leader Amazon.com?
The infusion of an experienced leadership team led by Jet.com s co-founder/CEO Marc Lore, and fellow co-founders Mike Hanrahan and Nate Faust is a foremost victory, notes Mike Elmgreen, CMO of New York-based Handshake, a B2B commerce platform provider. The talent being acquired and [Jet.com s] deep knowledge of e-commerce will be invaluable assets as Walmart attempts to grow its online business to better compete with Amazon,” Elmgreen affirms.
Vice President, Investor Relations
Good morning and welcome to Walmart s 2021 Investment Community Meeting. Thank you all for joining us on the webcast. We appreciate your interest in Walmart, I know the executive team looks forward to sharing their strategies with you and answering your questions. Now, let me get a few of our usual statements out of the way.
The information presented at today s meeting should be viewed in conjunction with our press release and earnings materials that can be found on our website, stock.walmart.com. The presentations will also be posted on our website as they are completed.
Friday, February 19, 2021
On December 17, 2020, the Administrative Review Board (“ARB”) of the U.S. Department of Labor affirmed the dismissal of a former employee’s whistleblower retaliation claim under Section 806 of SOX. The ARB concluded that the Complainant did not engage in protected activity, noting that his complaints regarding a lack of what he characterized as “internal controls” were inadequate. The ARB also concluded that the Respondent showed it would have terminated Complainant’s employment even in the absence of his alleged protected activity.
Background
Complainant worked for Respondent as a Senior Estimator, with responsibility for evaluating contractors’ requests for additional payments. When Complainant’s supervisor cancelled the licenses for certain estimating software, he escalated concerns to management because he believed the software was essential for reviewing payment requests. After Complainant successfully negotiated
2021 China Gift Card and Incentive Card Market Analysis, Featuring Alibaba Group Holding Ltd, Auchan Group SA, Bailian Group Co Ltd, Apple Inc and More
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The Chinese gift card market outperformed global peers, recording the strongest growth in 2020. The Chinese economy bounced back sharply with 4.9% growth between July and September 2020, outperforming global markets. Consequently, both retail and corporate consumer sentiment has turned positive, and in turn expected to drive growth of gift card in 2021.
Being the global leader in the e-commerce segment, the increasing number of internet users is driving the strong growth in China. With more than 900 million internet users, adoption of digital gift cards (e-gift cards) in China is faster than other comparable markets.