Wednesday, February 20, 2019
Walmart's grocery delivery pays off in fight with Amazon as online sales soar - Charisse Jones -- Walmart's e-commerce sales soared 43 percent in the quarter that ended Jan. 31, in part because it's giving more shoppers the option of buying their bread, milk and produce from their smartphones. Walmart shoppers can pick up items they ordered online at more than 2,100 stores or have them delivered from almost 800 locations. The retailer says 37,000 personal shoppers help to fill the baskets.-- "Walmart is successfully broadening its online base of customers and is now attracting both younger and more affluent demographics,'' Neil Saunders, managing director of retail consultancy GlobalData said in a note. -- For the full year, Walmart's online sales rose 40 percent, with store sales rising 3.6 percent, the biggest uptick in a decade.
Posted by The Meck at 12:52 PM