The goal of "The Innovation Conversation" is to explore some facet of the fast-changing, technology-driven retail landscape and how it affects businesses and consumers. It is, we think, fertile territory ... and one that Tom Furphy - a former Amazon executive, the originator of Amazon Fresh, and currently CEO and Managing Director of Consumer Equity Partners (CEP), a venture capital and venture development firm in Seattle, WA, that works with many top retailers and manufacturers - is uniquely positioned to address.
Today, Tom and Kevin talk about three Walmart stories that have the potential for being game-changers for the retailer - the debut of Walmart+, its effort to compete with Amazon Prime … the restructuring of its store teams and management … and its continuing efforts to acquire part of TikTok. What do these mean for Walmart? And what do they mean for its competitors?
