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

Walmart Says E-Comm Sales Spike 74%, Pulls Plug on Troubled Jet.com

Learn how to maintain resiliency, adaptability & sustainability in a crisis using the right data. Join our webinar with eco-friendly brand Tentree and Oracle NetSuite Aug. 19 at 2 pm ET.

Walmart’s first-quarter e-commerce sales spiked 74 percent as consumers sheltering in place sought their essentials from the big-box retailer’s online store, prompting the Bentonville, Ark., chain to pull the plug on the jet.com brand for good. In a Nutshell: Walmart acquired the Jet business, positioned as an Amazon rival, in 2016 for $3.3 billion and…

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!