Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

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

By
Walmart CEO Doug McMillon admits the world’s largest retailer has a long way to go before it’s on par with Amazon’s e-commerce game.
CREDIT: Gene J Puskar/AP/Shutterstock

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.

Download the Report

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…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!

Sourcing Journal is a part of Penske Media Corporation. © 2022 Sourcing Journal Media, LLC. All Rights Reserved.

ad