Online shopping mall

Published: 14 October 1999 y., Thursday
Wal-Mart Stores hopes to blunt some of its increasing online sales competition when it debuts a revamped Web site after Halloween. The company is facing stiffer online sales competition, including that from Amazon.com, which yesterday said it was creating an online shopping mall with more than 500,000 products. Wal-Mart began planning an overhaul of its Web site earlier this year with the idea of debuting the revised shopping area before the holiday season. Internet retail sales are forecast almost to triple to about $10 billion in the fourth quarter, when many retailers traditionally have their best sales season. Bentonville, Arkansas-based Wal-Mart said in June that it would introduce its revamped Web site in the fourth quarter to meet a growing demand for online shopping. Since then it_s signed up Books-A-Million to provide books for its online customers, and retained Federated Department Stores_ Fingerhut, a mail-order retailer, to manage and fill orders placed on its Web site.
Šaltinis: CNET
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Spain is committed to strengthening the common energy market

According to Spain's Minister of Industry, Tourism and Trade, Miguel Sebastián, currently chairing an Informal Energy Council today in Seville, the key to achieving a common EU energy market is to establish interconnections. more »

IMF to Provide US$100 Million in Emergency Assistance to Haiti

Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), announced today that the Fund will provide US$100 million very rapidly in emergency financing to Haiti to assist it in dealing with the aftermath of the massive and devastating earthquake that has hit the country. more »

IMF Announces Agreement in Principle with Jamaica on a US$1.25 Billion Loan

Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), issued the following statement on Jamaica today. more »

Korea and IMF to Co-Host a High-Level International Conference

The Government of the Republic of Korea and the International Monetary Fund (IMF) announced today that they will jointly host a high-level international conference on Asia in Seoul, South Korea, during July 12-13, 2010. more »

IMF Managing Director Dominique Strauss-Kahn to Visit Tokyo and Hong Kong SAR

Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), will travel to Tokyo and Hong Kong SAR, January 18−20, 2010. more »

Ten winners of Danske Bankas scholarships for the 2009–2010 academic year determined

After lots were drawn, ten winners of Danske Bankas scholarships and one winner of an iPod shuffle player were established. more »

Regarding convocation of extraordinary general meeting of shareholders

The Meeting is convened on the initiative and by the resolution of the Management Board of the Bank. more »

The ministers are examining “Europe 2020”, the future agenda for economic and employment recovery

Today, Thursday, on the second and last day of their informal meeting in La Granja (Segovia), the ministers responsible for European Affairs will study the challenge of how to boost reflation through sustainable growth that generates new employment. more »

On the job front

How well-equipped are European companies to meet the challenges of global competition and the recent recession? The 2009 European Company Survey provides some clues. more »

Commission approves public support for Vaasa regional airport in Finland

The European Commission decided today not to raise any objections to Finland's plan to support infrastructure investments in Vaasa regional airport. more »