Wal-Mart Sees Partnership with other Online Vendors
The Largest retail store in the US said on Tuesday that it is eyeing business partnership with other online store to give boost to its own online store called Walmart.com.
The Company said that the Internet market would play greatly in its sales, citing the recent increase in the number of items sold in the online world.
United State’s largest retail store on Tuesday said that it is now eyeing a business deal with other online vendors to give boost to its own online store called Walmart.com. The company said that the Internet market would play greatly in its sales, citing the recent increase in the number of items sold in the online world.
Based on records, the online retail stores sales have increased to about 1 million items sold within the year.
To date, Wal-Mart has the widest selection among retail stores with categories ranging from baby apparel, home, toys, sports apparel, and other stuffs that cannot be found anywhere else. But to augment the gap among customers’ needs, Wal-Mart said that it will acquire retailers such as CSN Stores, eBags, and Pro Team to further solidify its foothold in the internet marketplace.
According to retail expert and consultant Burt Flickinger III, Wal-Mart will have a significant advantage with the acquisition of other retailers to its online store, saying that the area for growth in the Internet arena is endless for the company.
“With the said acquisition, Wal-Mart, which has already bombarded the US market with its retail stores, can now shift its sales in Europe and Asia, particularly in South Korea where the retailing industry is making good progress,” Flickinger said.
“It will also give the retail giant to close the widening gap in the online sales against Amazon and Apple,” he added.
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