Wal-Mart onlines sales growth has sharply decelerated for five quarters even though its overall performance has been better than most competitors. In the first quarter, online sales growth was 7 percent, down from 8 percent, 10 percent, 16 percent and 17 percent in the previous periods....

Wal-Mart reported in May that global e-commerce sales rose 7 percent in the first quarter, weaker than the 8 percent in the previous quarter and far below the 20 percent increases seen less than two years ago. Wal-Mart's US business was a little better but still disappointing. Last July,...

The answer he said was in the savings both Wal-Mart and Jet can together offer shoppers. Jet, with its ability to lower prices as customers add more items to their shopping carts, will help the world's largest retailer reach more customers such as millennial shoppers. The deal would also...

Earlier this month, Wal-Mart boosted its stake in JD to about 11 percent. E-Commerce Competition JD.com founder Richard Liu said that Wal-Mart's challenge with Yihaodian was that China's e-commerce landscape has two major players — Alibaba and JD.com — and not much room for the rest. "I...

"However, finding ways to use their existing infrastructure better is a much cheaper way to go about it." Even then, Wal-Mart would likely need at least 5 to 10 more dedicated fulfillment centers, Osburn said: "You are still probably talking a billion dollars plus in investment if this...

NEW YORK, United States— Wal-Mart Stores Inc. is in advanced discussions to invest as much as $1 billion into India's Flipkart Online Services Pvt, as the two companies battle Amazon.com Inc. in e-commerce, according to a person familiar with the matter. Wal-Mart, the world's largest...

BENTONVILLE, United States — Wal-Mart Stores Inc. plans to close 269 stores, including 102 of its small-format Express outlets, aiming to refocus on better-performing locations and its e-commerce site. The move includes 154 locations in the U.S., the Bentonville, Arkansas-based company said...

So while Yihaodian has challenges ahead on its home turf, it has much to teach the mothership. Three months after Wal-Mart fully took over Yihaodian, the Chinese venture sent an elite team of 20 people to Wal-Mart's e-commerce headquarters in San Bruno, California. They spent a week with...

BENTONVILLE, United States — Wal-Mart Stores Inc said on Monday it would buy online retailer Jet.com for about $3 billion (£2.30 billion), the largest-ever deal for an e-commerce startup, as it races to build a Web business to better compete with Amazon.com Inc . Wal-Mart's online business...

Amazon shares rose as much as 19 percent to $573.45 in after-market trading on Thursday, giving the Seattle-based company a value of about $267 billion. That compares with Wal- Mart's $233.5 billion market valuation. Wal-Mart still dwarfs Amazon in terms of sales, with about five times...

 

Related shopping