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New Math: Walmart+ Doesn’t Equal Amazon Prime

PYMNTS

Walmart has managed to survive and thrive through the pandemic mostly because it never lost its “essential” retail tag and because it finally made some real steps toward being an eCommerce company. Yet, for everything Walmart did during Q2 and beyond, Amazon moved one step ahead.

Math 60
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Deliverr Vying To Become ‘Uber’ Of Ground Shipping In eCommerce

PYMNTS

Before Michael Krakaris co-founded an online fulfillment platform for eCommerce merchants, he learned firsthand how companies could reinvent messy spaces with software. After working for that firm, Krakaris went to an eCommerce company that built websites for brands.

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Big eCommerce Performance Powers Target’s Big Q3 Beat

PYMNTS

The headline-making figure of the day, however, was Target’s posted eCommerce growth, which surged 31 percent during the third quarter of 2019. Specifically, when you do the math, you’ll see that our third quarter digital comp sales have actually grown more than 95 percent over the last two years.”.

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US Consumers Expect To Return $115 Billion In Unwanted Gifts

PYMNTS

A surge in eCommerce returns driven by COVID-19-related policy changes is hurting retailers but helping logistics companies, the Financial Times reports. On each side of the equation, the math is simple.

Math 108
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Walmart Invests Heavily In eCommerce Back-To-School Experience

PYMNTS

This back-to-school season, we’re keeping the math problems simple – adding savings, subtracting time,” said Scott Bayles, vice president of stationery of Walmart U.S. To make it even easier, Walmart has dedicated a back-to-school destination eCommerce site that lets shoppers access the exact supplies list issued by their child’s school.

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Why eCommerce Will Create More Jobs Than It Kills

PYMNTS

In fact, he notes, he believes eCommerce will have an opposite effect and create more retail jobs at better wages. Mandel, when he did a count on job statistics, found that eCommerce (when you add in all those distribution and warehouse jobs) had actually added 397,000 jobs to the U.S. I’m just looking at the numbers.”.

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A Modern Nonprofit Podcast: Talking Through WIN-WIN (Warehouse) Scenarios

The Charity CFO

Depending on tax rates and how the math works out, it could be more valuable for the business to donate their supplies (with a 1.5x Logistics for Good Travis and Tosha explore the realities of logistics in the ecommerce industry. So the second option, donation right? multiplier up to a 2x multiplier per the IRS & FMV ).