How Walmart Is Betting Big On Stores To Catch Amazon In E-commerce
Walmart employs more people than any other company in the world and is the country’s largest grocer. But when it comes to e-commerce, Amazon is the clear leader, with 39.5% of the market share compared to Walmart’s 7%. Now Walmart has ambitious new plans, and new leadership, to try and catch up. CNBC got an exclusive interview with Walmart’s new e-commerce chief Tom Ward to hear how it plans to leverage its 4,700+ U.S. stores to entice sellers to Walmart and speed up local delivery. Because 90% of Americans live within 10 miles of a Walmart, using stores as micro-fulfillment centers is helping Walmart expand programs like drone delivery and InHome delivery straight into customer refrigerators.
00:00 -- Intro
02:03 -- Playing catch-up
05:47 -- Selling on Walmart vs. Amazon
09:25 -- In-store and grocery advantage
12:34 -- Speeding up delivery
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How Walmart Is Betting Big On Stores To Catch Amazon In E-commerce
Видео How Walmart Is Betting Big On Stores To Catch Amazon In E-commerce канала CNBC
00:00 -- Intro
02:03 -- Playing catch-up
05:47 -- Selling on Walmart vs. Amazon
09:25 -- In-store and grocery advantage
12:34 -- Speeding up delivery
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
How Walmart Is Betting Big On Stores To Catch Amazon In E-commerce
Видео How Walmart Is Betting Big On Stores To Catch Amazon In E-commerce канала CNBC
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