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In the news … Wednesday December 12, 2018

A Look Back at Walmart’s Multibillion-Dollar Shopping Spree in 2018

Walmart (NYSE:WMT) has been defying critics of its digital strategy. Since its $3.3 billion purchase of Jet.com in 2016, the retailer’s online sales have gone from practically nonexistent to a high-growth endeavor. Under the guidance of Jet.com founder Marc Lore, who now leads all of Walmart’s domestic e-commerce operations, the company is showing no signs of slowing down in its digital expansion.

MOTLEY FOOL

LAB-GROWN MEAT IS COMING, WHETHER YOU LIKE IT OR NOT

STANDING IN A kitchen in San Francisco, in a state where foie gras is illegal, Josh Tetrick cuts into the pale gray pate anyway and smears it on a thin piece of bread. “You prettied it up a little bit,” he says to a bearded chef, pointing his butter knife at the plate, “what’s going on here?”

WIRED

Constant Contact Launches an Integration for Shopify

Shopify merchants will be able to send branded, targeted and automated emails to customers, including those who abandoned shopping carts, for higher conversion

STOCKHOUSE

Baby Shark, the online and social media phenomenon, swims into 116 Showcase stores just in time for the holidays

Do (doo doo doo doo doo) you need to get your fins on Baby Shark plush characters, the toy sensation that sold out online within two days? Showcase, Home of the Hottest Trends announces today that thousands of Baby Shark products have arrived at its warehouse ― just in time for the holidays. Product is limited and Showcase Trend Experts predict its Baby Shark products will sell out quickly based on trend-predicting data and the number of pre-orders it has already received.

CISION

4 professional women on making ends meet in the most expensive U.S. cities

In 2018, holding a college degree and a full-time professional job does not necessarily secure you a comfortable life. Nowhere is this more true than in cities like San Francisco and New York, where living “comfortably” all but requires a six-figure salary to avoid being priced out by ballooning housing costs. For women who earn less than that–and weather the effects of the persistent gender pay gap–taking up residence in a city means being financially precarious. Even women who are higher earners may feel financially adrift if they have to foot steep childcare costs and support family members.

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