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Walmart CEO: ‘Playing Catch-Up’ in E-Commerce After ‘We Fell Behind’ 

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

The retail world took notice when June headlines trumpeted the billion-dollar loss draining Walmart’s e-commerce business. But CEO Doug McMillon seemed nonplussed about the state of Walmart’s online affairs as he addressed the matter head-on at Fortune’s Brainstorm Tech 2019 event, held July 15-17 in Aspen. “We fell behind and have been playing catch-up,” McMillon…

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