Home Mobile Quotes: How Walmart Does Innovation

Quotes: How Walmart Does Innovation

SHARE:

Offered without comment, here are two recent quotes about Walmart’s approach to digital innovation:

“We are uniquely positioned to give customers anytime, anywhere access to Walmart by combining the smartphone, online, and the physical stores. Ultimately, that will give us an edge over any competitor.

…We’ve hired hundreds of incredibly talented people, in Silicon Valley and around the world. We are playing to win.”

-Walmart CEO Mike Duke, in a Fast Company story on WalmartLabs and the company’s online and mobile efforts.

“At Walmart, the mission is to ‘save people money so they can live better.’ If a new search engine could better surface the best deals for customers, let’s do it. If a new mobile app meant parents could get home-delivery of weekly groceries, saving them a couple of hours dragging two toddlers around a supermarket, then let’s do it. The mission statement wasn’t ‘let’s build some cool shit and throw it at the wall to see what sticks.'”

-Tobias Peggs, founder of OneRiot who just left Walmart a year after the retailer acquired his company. Read his blog post.

Tagged in:

Must Read

Sweetgreen Tapped Atmosphere TV To Introduce World Cup Viewers To Its Wraps

Sweetgreen turned the World Cup into a marketing moment for its new wraps, running video ads in public viewing spaces through Atmosphere TV.

Amazon Crushes Earnings And Reaches Almost $20 Billion In Q2 Ad Revenue

Amazon’s advertising businesses earned a total $19.8 billion in Q2, the company reported in its quarterly earnings on Thursday. That’s up from $15.7 billion in Q2 2025, and good for a 26% year over year growth rate.

Los Angeles, California - 26 February 2023: Reddit social media platform displayed on smart device

Reddit Had A Great Q2, But Investors Have AI Search Jitters

Guess there’s no pleasing investors. Despite Reddit delivering an objectively solid Q2, its stock cratered, in part because of search-related headwinds and low referral traffic.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Meta’s Expenses Are Growing Faster Than Its Revenue, Thanks To Lawsuits And AI

A combination of layoffs, lawsuits and AI operating costs set back Meta’s Q2 earnings, despite increased revenue.

Omnicom Investors Cheer IPG Sell-Off, Despite Weak Ad Spend In Q2

Omnicom is halfway through a major sell-off of IPG agencies. Its future looks healthier as it prunes lower-growth firms, including eliminating certain specialist firms and overlapping agencies in certain countries.

Hundreds of emails, depositions and other documents have been unsealed in the lead-up to the Google antitrust trial, providing a fascinating look at how Google talked about its own products when no one else was watching – especially tools to counteract the rise of header bidding.

Why PubMatic Ditched Its Prebid Web Wrapper, But Never Its SDK

Earlier this month, PubMatic shelved its Prebid integration wrapper, known as OpenWrap Web, and announced it would begin recommending Playwire as an offloading-onboarding partner for the 250-odd publishers that use its wrapper.