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Walmart Likely Shopping for Cashierless Technology

Retail
Walmart

TLDR: We predict Walmart acquiring a cashier-less tech startup like Grabango. Cashierless forced into mainstream COVID is also pushing retailers to try radical changes. Walmart is testing cashierless checkout by replacing people with self-checkout machines. Customers may not enjoy self-checkout so much. Researchers found that more than 60% of shoppers who use self-checkout don’t use...

Amazon, Walmart, Target prepare for uncertain COVID-19 demand; Costco parties on.

Retail
Amazon , Costco , Target , Walmart

TLDR: Costco is most confident in growth during and post-COVID. Target least. Surge in temp hires during COVID-19 Amazon, Costco and Walmart all appear to be investing to grow during COVID. The three retail giants posted more new job postings from April to July 2020 than they did in the same time period last year....

Amazon Just Walk Out: Just In Time For Post-COVID Shopping Era.

Retail
Amazon

Summary: Amazon is ramping up recruiting for Just Walk Out technology, preparing for changing shopping behaviors post-COVID. Retailers without internal tech or analytics teams will benefit most. We wrote in May 2018 that Amazon would make more money selling its cashierless checkout technology to other retailers than opening more Go stores. Well, Amazon finally announced exactly that this past...

COVID-19 Accelerates Threat Walmart Poses to CVS

Retail
Walmart

Surprise: COVID-19 test operations in Walmart parking lots may give Walmart’s healthcare ambitions an awareness boost. Data: Walmart’s primary care ambitions in its infancy: Only a dozen new jobs open every month compared to hundreds for its pharmacy and optometry operations. Opportunity: Everyday low prices for checkups and convenient locations may be a winning formula,...

Walmart goes on offense against Amazon on apparel, re-invests in Bonobos

Retail
Walmart

Walmart is unexpectedly boosting investment in Fashion. October data shows the number of new positions in apparel and fashion retailing increasing 10x, from 15 in September to 150 in October. Bonobos hiring for 121 positions one month after layoffs Bonobos is responsible for the bulk of this hiring spree. A complete reversal from the situation...

Costco is Taking eCommerce Slightly More Seriously

Retail
Costco

The number of Costco eCommerce and retail IT open job postings reached an all time high of 50 in September. A significant surge from the 20 postings it had in July, and 40 in August. Prior to July, Costco only had a dozen eCommerce positions open in any given month. Half to staff its online...