In this file:
· Walmart, Tyson Foods and J.B. Hunt launch a logistics accelerator in Arkansas with Plug and Play
· J.B. Hunt, Tyson Foods, Walmart partner with Plug and Play to launch startup accelerator in NWA
· Walmart ups the ante in online delivery
· Walmart Just Might Win The Shipping War With Amazon. Here's How
· Despite Walmart’s new next-day delivery move, some experts still like Amazon more
Walmart, Tyson Foods and J.B. Hunt launch a logistics accelerator in Arkansas with Plug and Play
Jonathan Shieber, TechCrunch
May 14, 2019
Plug and Play, the accelerator network that works with corporations to invest and advise startup technology companies, is partnering with Walmart, Tyson Foods and J.B. Hunt to set up a logistics-focused program in Northwest Arkansas.
Retailers, software vendors and any number of contracting companies have been forced to make the trek to Bentonville, Ark. to prostrate themselves before Walmart’s corporate juggernaut, and now it seems some of Silicon Valley’s startup gurus are going to make the trek, as well.
“We are very excited to begin our work with these great organizations like Walmart, J.B. Hunt, and Tyson Foods in Northwest Arkansas to develop the ecosystem and culture of entrepreneurship,” says Saeed Amidi, founder and chief executive officer of Plug and Play, in a statement. “With our startups, we can bring efficiency and cost savings in the supply chain. Through this new operation here, we will be able to connect Northwest Arkansas to Silicon Valley, China, Singapore, Germany, and the rest of our global network.”
The new initiative is backed by the Walton Family Foundation (the nonprofit affiliated with Walmart’s founding family), the Arkansas Economic Development Commission and the accelerator’s three corporate partners.
“This new relationship with Plug and Play will leverage our regional strength in supply chain and logistics,” said Nelson Peacock, the Northwest Arkansas Council’s president and chief executive officer. “This program will shine a greater spotlight on all of the great things happening in Northwest Arkansas.”
Plug and Play’s program will identify 10 companies to participate in two cohorts annually. The focus will be on supply chain optimization, last-mile delivery, warehouse automation, sensor technologies, predictive analytics and machine learning...
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J.B. Hunt, Tyson Foods, Walmart partner with Plug and Play to launch startup accelerator in NWA
Talk Business & Politics (AR)
May 14, 2019
Silicon Valley-based startup accelerator Plug and Play Tech Center plans to launch a supply chain and logistics accelerator program in Northwest Arkansas this summer.
The new program was announced Tuesday (May 14) in partnership with the region’s “Big Three” companies — J.B. Hunt, Tyson Foods and Walmart.
An official launch event will take place in Northwest Arkansas this summer.
“We are excited to accelerate and invest in startups in Northwest Arkansas as it is the birthplace of some of the world’s largest companies like Walmart, Tyson Foods, and J.B. Hunt,” Mike Zayonc, founder of Plug and Play’s Supply Chain & Logistics program, said in a statement. “The founding partners in this program will be able to collaborate with our worldwide startup network right in their own backyard.”
The effort is also supported by the Walton Family Foundation and the Arkansas Economic Development Commission. The program will be coordinated locally by the Northwest Arkansas Council.
Plug and Play Tech Center was founded in 2006. Headquartered in Sunnyvale, Calif., the accelerator has teamed up with some 280 corporate partners and 300 venture capitals to promote startup growth across the globe.
“This new relationship with Plug and Play will leverage our regional strength in supply chain and logistics,” Northwest Arkansas Council CEO Nelson Peacock said in a statement. “This program will shine a greater spotlight on all of the great things happening in Northwest Arkansas.”
Participants in the accelerator program, according to a news release, will have access to “a network of industry experts, including Fortune 500 companies, leading supply chain and logistics faculty from the University of Arkansas and business development opportunities.”
Plug and Play will work collaboratively with participants from the region to identify important industry challenges in supply chain and logistics, then seek out the best startups to help develop solutions to those challenges.
“Innovation in logistics and the overall efficiency of supply chains are critical as we continue to grow our company,” said John R. Tyson, director in the office of the CEO of Tyson Foods and great-grandson of the company founder. “We’ve been working with Plug and Play for more than a year and feel there’s more opportunity to collaborate. Having an accelerator like this in Northwest Arkansas will give us access to the creative and entrepreneurial thinking we need to succeed in our highly competitive industry.”
The program will include two cohorts of 10 companies each year and will feature workshops, mentorship sessions and summits that will bring innovation, business development and investment opportunities to Northwest Arkansas. The accelerator will focus on supply chain optimization, blockchain, last-mile delivery, warehouse automation, IoT (Internet of Things) sensors, predictive analytics, machine learning and more...
Walmart ups the ante in online delivery
Free next-day service to begin rolling out in select markets
Russell Redman, Supermarket News
May 14, 2019
Walmart has fired the latest salvo in its delivery battle with Amazon.com Inc.
Marc Lore, president and CEO of Walmart eCommerce U.S., on Tuesday said Walmart.com plans to launch free next-day delivery of select nonfood and general merchandise items with no membership fee in several markets over the coming months.
Free Walmart NextDay delivery will first become available today in Phoenix and Las Vegas and then expand to Southern California “in the coming days,” according to Lore. Plans call for the service to roll out to about 75% of the U.S. population this year, including 40 of the top 50 major metropolitan markets.
“NextDay delivery is a great complement to our same-day Grocery Pickup and Delivery options and free two-day shipping on millions of items,” Lore said in a blog post on Tuesday. “With the combination of these choices, we’re making every day easier for busy families. And with 90% of Americans living within 10 miles of a Walmart store, we’re well-positioned to offer even faster delivery to customers in the future.”
Initially, free NextDay delivery will be offered for about 220,000 frequently purchased items, “ranging from diapers and laundry detergent to toys and electronics, with more assortment to be added,” Lore said. The service carries a $35 order minimum, and the product selection will vary by customer location. To find out which items are eligible, shoppers click to NextDay delivery on Walmart.com and then begin adding products to their cart. All items in the cart must be NextDay-eligible to qualify for free delivery.
Examples of free NextDay-eligible products now available from Walmart.com in Phoenix and Las Vegas include...
Walmart Just Might Win The Shipping War With Amazon. Here's How
Joan Verdon, Contributor, Forbes
May 14, 2019
Getting in a shipping war with e-commerce behemoth Amazon is generally seen as a fool’s game. But Walmart is the one retailer who actually might be able to win that war.
Walmart and Amazon have been upping the ante on each other in their bids to offer the fastest deliveries, causing analysts to predict the war will end badly for Walmart.
Neither side shows any sign of backing down – and from the jabs on their Twitter accounts, it is clear this fight is personal.
Amazon announced on April 25 that it would spend $800 million to make one-day shipping standard for Prime member deliveries. Walmart today said it is ready to roll out next-day delivery in three states and will be able to offer it to 75% of U.S. consumers by the end of this year.
Retail watchers are predicting the shipping wars will end in a pyrrhic victory, after insane amounts of delivery escalation, from drone drop-offs to delivery vans parked outside every door waiting to instantly fill orders. Walmart, the argument goes, can’t win if Amazon sets the agenda with new offerings and Walmart blindly rushes to keep pace.
Here are some reasons Amazon may be more worried about Walmart than the other way around:
Despite Walmart’s new next-day delivery move, some experts still like Amazon more
Lizzy Gurdus, CNBC
May 15, 2019
Walmart or Amazon?
That’s the question some investors are grappling with following Walmart’s announcement that it will begin rolling out next-day delivery for more than 200,000 products. The announcement on Tuesday came weeks after Amazon said it will work toward making one-day shipping the standard for Prime members.
But Oppenheimer’s top technical analyst, Ari Wald, has a clear favorite.
“We think the advantage goes to Amazon,” he said Tuesday on CNBC’s “Trading Nation.”
Wald called attention to a chart showing the relative ratio between the rivals’ stock performance. When the line rises, Amazon is outperforming Walmart; when it falls, Amazon is underperforming.
After Amazon’s rally in the first half of 2018, it spent the second half of last year trading lower, which Wald’s team saw as “a correction in an uptrend,” he said.
“More recently, we’ve seen the ratio stabilize and now turn back in favor towards Amazon. It’s inflected higher,” he added. “We see this as a resumption of Amazon’s long-term trend of outperformance. It’s probably not necessarily a case against Walmart, but more so that the bullish case is more compelling for Amazon.”
Gina Sanchez, founder and CEO of Chantico Global, also preferred Amazon, but not for the same reasons...
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