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Why Walmart’s China strategy focuses on grocery

Walmart is making grocery the backbone of its China strategy. Walmart CEO Doug McMillion was in Shanghai last week, where he said the company plans to have 40 Sam’s Club stores in the country by 2020, up from 23 today. Currently, Walmart has 433 retail units in China,...

Amazon is pulling the plug on hybrid selling

You can get the Retail Briefing delivered to your inbox every Monday, Wednesday and Friday. Subscribe here. Amazon is reorienting its retail strategy, and sellers are starting to feel the effects. The shift usually goes like this: a strategy is working on Amazon,...