A WalmartLabs’s subscription e-commerce business, Goodies.co, will be closing down. What’s behind the demise of Goodies and the monthly snack boxes it mails out to subscribers? A sampling of the comments on the Goodies Facebook page suggests that there were some fundamental problems with the service.
Walmart has been working overtime to convince retail analysts that its eCommerce division is finally ready to emerge from a string of failed initiatives which, as The Wall Street Journal notes, left the company playing “catch-up” with Amazon.com. According to the Journal, Amazon’s $61 billion in online sales last year dwarfed Walmart’s $7.7 billion. And despite Walmart’s recent investments on the technology side of things, Retailing Today says the gap “is wide and growing.”