In this file:
· Walmart offering free grocery delivery now until Oct. 31
· Walmart to sell online women’s apparel brand ModCloth to Go Global Retail
· Walmart to test new healthcare services for workers
· Walmart sells ModCloth just two years after buying it
Walmart offering free grocery delivery now until Oct. 31
By WAFB (SC)
October 1, 2019
(WAFB) - Walmart has a deal that’s all treat, and no trick this October.
The retail giant is making its grocery delivery service free to customers now through Halloween. Customers only need to enter the code HOMEFREE at checkout and Walmart will waive the $7.95/$9.95 delivery fee. The deal applies to orders that are at least $50 total.
You can use the code more than once until Oct. 31.
How grocery delivery works:
· Order and Choose a Delivery Time: Customers visit walmart.com/grocery or through the Walmart Grocery mobile app, enter their zip codes and begin creating their shopping lists. During checkout, they select a time for their order to be delivered.
· Personal Grocery Shoppers Fill the Basket: Personal shoppers select grocery items.
· Delivery: Delivery partners will be requested by a Walmart grocery associate when the order is ready to be delivered, who will then drive directly to the customer’s location during the 1-hour delivery window they chose.
You can find delivery locations here.
Walmart rolled out its grocery delivery service in October 2018 and is one of several companies taking advantage of the swelling trend of online grocery sales.
Between 2013 and 2018, online grocery sales tripled and are expected to...
Walmart to sell online women’s apparel brand ModCloth to Go Global Retail
· Walmart plans to sell ModCloth to Go Global Retail.
· The terms of this deal haven’t been disclosed.
· Walmart bought the online apparel start-up in March 2017.
Lauren Thomas, CNBC
Oct 4 2019
Walmart is selling online women’s apparel business ModCloth, which it acquired in March 2017, to Go Global Retail, the companies announced Friday afternoon.
A Walmart spokesperson declined to comment on the terms of the deal.
A press release said Go Global Retail will invest primarily in building out ModCloth’s website, as ModCloth operates as a freestanding and independent fashion brand. Go Global Retail, founded in 2011, is a brand investment platform that has worked with other apparel companies including VF Corp., Guess and Billabong, according to its website.
ModCloth was founded in 2002 as a trendy apparel business, selling its bright-colored sweaters and patterned dresses mainly online and targeting women ages 18 to 35. It’s since opened a handful of stores where customers can try on items but inventory can’t be taken home. Instead, they’re able to order them, at no cost for shipping. ModCloth is also sold in Nordstrom.
For Walmart, its deal to buy ModCloth about two years ago was part of a bigger push to grow online, following its acquisition of Jet.com in 2016, where it also gained Marc Lore, who heads up Walmart’s U.S. e-commerce business. The price tag of the ModCloth deal also wasn’t disclosed at that time.
For the most part, Walmart has kept these younger and trendier brands — such as plus-size apparel brand Eloquii and men’s apparel maker Bonobos — out of its own stores and off its website, so as not to dilute the way shoppers view them. Instead, it’s used the deals to gain talent and to learn more about their customers.
But those acquisition efforts have recently stalled, with Walmart’s e-commerce business losing money and some of its acquisitions, including ModCloth and Bonobos, remaining unprofitable, according to a report from Vox.
Instead, Lore and Bonobos co-founder Andy Dunn, who had played a key role in Walmart’s string of start-up acquisitions, have both said Walmart plans to focus more on incubating its own brands...
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Walmart to test new healthcare services for workers
via Modern Healthcare - Oct 3, 2019
Walmart is rolling out a healthcare pilot program for its employees that will come up with a curated list of high quality providers but offer fewer choices than under the current plan.
Through the program, Walmart will help employees connect with local doctors in areas like primary care, cardiology and obstetrics. It is working with Nashville-based data analytics company Embold Health, which will cull through vast amounts of data from public and private insurance plans to come up with recommended providers based on effectiveness and cost-efficiency. Walmart will in turn use that data to curate a list for employees.
"It's a thoughtful approach to a goal of better health and better health care," said Adam Stavisky, senior vice president US benefits, Walmart during a media call on Wednesday.
The program will cover U.S. Walmart and Sam's Club workers in Orlando and Tampa Florida, the Dallas-Fort Worth, Texas area and Northwest Arkansas starting Jan. 1. A human personal healthcare assistant will also be available for workers in North and South Carolina as a go-to resource on billing questions, making an appointment and understanding a diagnosis.
The goal is for the services to eventually be available to the 1 million Walmart and Sam's Club workers and family members on the company's health insurance program. The retailer also plans to share its practices with other companies.
The downside of the program is that employees will be faced with fewer doctor choices. Walmart says that workers can use doctors who are not on the company's curated list but it will cost more.
Walmart executives say it's hoping to remove a meaningful chunk of unnecessary healthcare cost for the company and its employees. Overall, employers that provide health coverage have long been frustrated by costs that rise faster than inflation and wages. Benefits experts say other approaches to keep costs down, like raising the deductibles, haven't worked so companies are focusing more on how people use the healthcare system.
That can mean offering coverage that steers patients away from expensive hospitals for routine imaging exams or pushes them toward doctors that are considered higher quality. Walmart had already seen positive results...
Walmart sells ModCloth just two years after buying it
The online fashion retailer will keep operating independently
By Zoe Schiffer, The Verge
Oct 4, 2019
Walmart is selling off women’s clothing company and online retailer ModCloth, just two years after acquiring it. The brand will now be a part of investment firm Go Global Retail, though it will continue to operate independently.
“We expect they will continue in the same direction as before,” Christian Feuer, managing director of Go Global Retail, told The Verge. “I don’t think the customer will see a change. If they do, I hope they’ll be happy with what they see.”
Susan Gregg Koger started ModCloth in 2002 as an independent, online fashion retailer. It was known for casting real people as models and being one of the first clothing brands to take the No-Photoshop pledge.
When the company sold to Walmart in March 2017, many customers reportedly felt betrayed. “The thing I loved about ModCloth is that I knew the clothes I bought there couldn’t be found at Macy’s and weren’t worn by the masses,” Connie Warner told The Los Angeles Times. Warner started a Boycott ModCloth Facebook page to protest the store’s new owners. “No more. I’ve unsubscribed from their emails. I refuse to shop at a store owned by Walmart.”
For Walmart, the deal was part of a larger strategy to ramp up its e-commerce business in an effort to compete with Amazon...
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