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February 28, 2022

Searchspring launches programme for early-stage retail brands

The programme aims to improve the shopping experience for participating brand sites.

US-based retail technology company Searchspring has announced the launch of an ‘e-commerce accelerator’ to support the growth of early-stage and underserved brands.

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Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
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  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
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The scheme has been designed to provide technical capabilities for pre-revenue and early-stage e-commerce companies.

Searchspring said that it will offer dedicated search, merchandising and personalisation access for e-commerce entrepreneurs and formalised processes for certified minority and women-owned business enterprises (MWBEs).

The programme is intended to improve the shopping experience for participating brand sites.

Searchspring CEO Peter Messana said: “As a start-up or business from an underserved community, it’s often difficult to access the tools that will really grow your business.

“As an entrepreneur myself, I realise that access to leading-edge technology is critically important to growth, which is why we launched the Ecommerce Accelerator and formalised the process for certified MWBEs to benefit from technology such as ours.”

Under its accelerator programme, Searchspring said that the companies will receive discounted access to the search, merchandising and personalisation platform for a 12-month period.

The programme also includes ‘white-glove implementation’ with a dedicated onboarding specialist and account manager.

Searchspring will also provide access to exclusive content and best practices through its Searchspring Academy.

The company said that it is now accepting applications for its Ecommerce Accelerator programme.

Searchspring operations senior vice-president Dori Salisbury said: “We recognise the determination it takes to run and grow an e-commerce brand.

“By removing financial roadblocks for aspiring brands, including those in underserved communities, we can collaboratively create thriving e-commerce businesses.”

Searchspring aims to help brands ‘increase conversion and curate unique shopping experiences’ by providing user-friendly search, merchandising, personalisation and analytics tools.

The company’s solutions are used by Moen, Fabletics, Volcom, Wildfang and Alternative Apparel among other retailers.

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Walmart: Going Beyond Company Disclosures

Walmart has rounded out its fiscal year with a strong set of numbers that show it has taken supply chain disruption, rising costs, heavy inflation, and various other problems in its stride. There is comfortable growth on both the top and bottom lines, which is extremely respectable given tough prior year comparatives. Walmart hiring is slowing down as compared to hiring in the months of April and March in 2022. Walmart posted close to 40,000 vacancies in March and 30,000 in April, which has gone below 10,000 in June 2022. Walmart Company Filings has most of the mentions related to the ESG and COVID-19 themes in 2021. ESG has more than 300 mentions in the company’s 2021 filings which indicates the rising focus on ESG-related issues. Our report on Walmart: Going Beyond Company Disclosures, demonstrates GlobalData Explorer’s ability to:  
  • Track and monitor a company’s movements through alternative indicators to gain insights into the strategy before it is disclosed by the company
  • Gain insight into a company’s capital deployment strategy, by assessing historical deal volumes and specific transactions executed by the company, in addition to identifying sectors of focus
  • Go beyond basic financial information, to access key industry-relevant indicators for a company and how these have progressed over time
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.