Wal-Mart Stores Inc. picked itself off the mat in 2017 and, for the first time, really squared off with Amazon.com Inc. And the retail giant represented the brick-and-mortar crowd well, landing some punches and prompting Amazon to punch back.Wal-Mart put its $3.3 billion Jet.com acquisition from the prior year into action; went on a buying spree, culminating with the $310 million deal to buy Bonobos, and strove to better serve its customers online and in stores. For its part, Amazon continued to dominate or match online and got into the brick-and-mortar game in a big way itself, buying Whole Foods for $13.7 billion. Both have been working to up their apparel game, at least online – Amazon through private label and other initiatives and Wal-Mart though acquisitions and a deal with Lord & Taylor.Consider that round one.Now, round two starts. And it could get bloody as the two vie in 2018 for market share and consumer mindshare with new approaches, new ideas (and maybe even more help if the dealmaking continues).“Eighteen months ago it was Amazon and everybody else and the distance was growing between Amazon and the rest of retail,” said Edward Yruma, stock analyst at KeyBanc Capital Markets. “The narrative has changed and it’s Amazon and Wal-Mart versus everybody else. I’m not disputing the idea that Amazon is still the leader in retail from an innovation perspective, but I do think that we’re starting to see Amazon get some real competition from Wal-Mart.”Yruma said Wal-Mart in many ways is gaining with a back-to-basics approach, investing in its stores and product offering, with the help of Marc Lore, an ex-Amazon executive who founded Jet and now heads the retailer’s massive e-commerce push.Wal-Mart, for instance, started offering free shipping on orders over $35. And Yruma said, “Amazon had to respond to that, which candidly is the first time I saw Amazon respond to anything” a competitor did.Wal-Mart added a discount when customers made in-store pickups of online orders and Amazon countered from a pricing perspective, Yruma said, noting that the “two are instances, in a way, where Wal-Mart out-innovated Amazon.”If Lore and Wal-Mart chief executive officer Doug McMillon have their way, it won’t be the last time.Wal-Mart is looking to bring to bear the advantages of its massive store fleet and its newfound focus on the latest tech.“Our associates are using technology and apps for inventory management and price changes that help make their jobs easier and increase productivity in the stores,” McMillon said on the company’s most recent conference call. “Store leverage is helping to allow our strategic investments in e-commerce to continue. It's also exciting to see how we're removing friction from the customer experience with express pharmacy, an easier money services process and by expanding pickup options with our automated towers and online grocery. We now have online grocery in more than 1,100 stores and are looking forward to expanding this popular offering to another 1,000 locations next year.”Wal-Mart’s e-commerce sales shot up 50 percent in the third quarter, with most of the increase coming through walmart.com.“Over the past year, we've tripled the number of items on walmart.com to reach more than 70 million [stockkeeping units],” McMillon said. “Marc's team is making progress on hiring additional category specialists, focused on improving the customer experience and our positioning with the top 1 million e-commerce items. The recent agreement with Lord & Taylor [to sell fashions from the department store operator on the walmart.com platform] is a great example of how we will be creating specialty experiences that complement what we offer and serve customers with the brands they want. We're making good progress attracting premium brands to the site, such as KitchenAid and Bose.”All of that amounts to a company on the go — but one that still needs to do some catching up online.Wal-Mart is far ahead in terms of walk-in retail, but Amazon is still the undisputed e-commerce leader, selling more than 600 million items through its platform, eight-and-a-half times what Wal-Mart offers.And while Amazon’s relentless drive to bring customers to its site — from free shipping and digital downloads through its Prime membership program to Prime Day in July — it’s also bringing the fight to Wal-Mart on its own turf.[caption id="attachment_11081703" align="alignnone" width="527"] Amazon[/caption]Amazon hit the ground running with Whole Foods and this year is expected to continue to integrate the two businesses.Brian Olsavsky, Amazon’s chief financial officer, told investors in October: “We've had busy months since we've joined forces, offering lower prices on a range of key grocery items in the stores. Launching the private-label — Whole Foods' private-label products on Amazon, we've got technical work to make Prime the Whole Foods customer rewards program, and we'll have that coming out in the future. We've added Amazon lockers to select Whole Foods stores. So lots of activity, lots of energy and we're really, really excited to show customers what's possible when we join forces here.”Just where the combination leads to will start to become more clear this year, but more brick-and-mortar seems in the offering.“We think we'll also be developing new store formats and everything else just as we've talked about in the past with — before Whole Foods — Amazon Bookstores, Amazon Go and the opportunity that technology presents,” Olsavsky said. “We have on-campus bookstores. So we're experimenting with a lot of formats. I think that Whole Foods really gives us a vast head start on that and a great base and a great team to work with that has a lot of history, and a lot of — they probably have 10 to 20 years of learnings that we don't have and wouldn't have. So we're really excited about that.”So expect Wal-Mart to go more online while Amazon pushes off-line and where the two meet, look for some sparks.
Taking the final spot on the mens’ portion of New York Fashion Week calendar next month will be none other than @tomford. Though he’s shown his men’s wear in New York in the past, this will mark the first time the designer has shown his men’s collection alone during New York Fashion Week: Men’s. His runway show will debut on February 6 at the Park Avenue Armory. #wwdfashion
London-based couture house @ralphandrusso has certainly been in the spotlight, having its dresses worn by @beyonce, Angelina Jolie, Meghan Markle in her engagement photos and more. For couture, Tamara Ralph focused on ornamentation — think: feathers with chain mail, jet embroidery and clusters of pearls and crystals. See the rest of the collection on WWD.com #wwdfashion #couture (📷: @giovanni_giannoni_photo)
Minnie Mouse celebrated her 90th birthday by getting her own star on the Hollywood Walk of Fame. For her celebratory luncheon, @coach’s creative director @stuartvevers dressed her in a custom made prairie dress, complete with Vever’s take on the polka dot – black sequined versions – under a cropped motorcycle jacket. The designer also put his own mark on Minnie’s classic red shoes, infusing the color with sparkles and adding some Coach crystals. “We chose colors that were very Minnie and also represented quintessential Coach elements,” said Vevers. #wwdfashion #nationalpolkadotday (📷: George Chinsee)
@nickjonas is unveiling his first-ever apparel collection through a partnership with John Varvatos. The limited-edition capsule, which makes its debut in spring, also marks the first time the designer has collaborated with anyone on a line. “The process in working with Nick is amazing. It’s inspiring to be around someone who is not only connected with the trade that they do, but also with what’s happening in the environment around him, and how that connects to what we do with style,” said Varvatos. (RG: @johnvarvatos) #wwdfashion
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)