Is the e-commerce war heating up again? In Canada, Walmart offers low prices, and free delivery if you order $50 or more. They have also initiated grocery shopping online in a limited area.
Amazon offers free delivery if you order over $35. They also have a grocery thing going, but it's only available in the US.
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Whistleblower claims Walmart cheated in plot to 'win the e-commerce war at all costs'
A whistleblower lawsuit claims Walmart issued misleading e-commerce results and fired an executive who complained the company was breaking the law
In its race to catch Amazon.com Inc. in online retailing, Walmart Inc. issued misleading e-commerce results and fired an executive who complained the company was breaking the law, according to a whistleblower lawsuit. Walmart shares fell as much as 2 per cent.
Tri Huynh, a former director of business development at Walmart, claims he was terminated “under false pretenses” after repeatedly raising concerns about the company’s “overly aggressive push to show meteoric growth in its e-commerce business by any means possible — even, illegitimate ones.”
Under Chief Executive Officer Doug McMillon, Walmart has invested billions to catch up with Amazon in e-commerce over the past few years, and last year enjoyed quarterly online sales growth rates surpassing 50 per cent, well above peers that include Target Corp. and Best Buy Co.
Whistleblower claims Walmart cheated in plot to ‘win the e-commerce war at all costs’ | Financial Post
Sears has already been a casualty of this.
Amazon offers free delivery if you order over $35. They also have a grocery thing going, but it's only available in the US.
---
Whistleblower claims Walmart cheated in plot to 'win the e-commerce war at all costs'
A whistleblower lawsuit claims Walmart issued misleading e-commerce results and fired an executive who complained the company was breaking the law
In its race to catch Amazon.com Inc. in online retailing, Walmart Inc. issued misleading e-commerce results and fired an executive who complained the company was breaking the law, according to a whistleblower lawsuit. Walmart shares fell as much as 2 per cent.
Tri Huynh, a former director of business development at Walmart, claims he was terminated “under false pretenses” after repeatedly raising concerns about the company’s “overly aggressive push to show meteoric growth in its e-commerce business by any means possible — even, illegitimate ones.”
Under Chief Executive Officer Doug McMillon, Walmart has invested billions to catch up with Amazon in e-commerce over the past few years, and last year enjoyed quarterly online sales growth rates surpassing 50 per cent, well above peers that include Target Corp. and Best Buy Co.
Whistleblower claims Walmart cheated in plot to ‘win the e-commerce war at all costs’ | Financial Post
Sears has already been a casualty of this.