Wal-Mart to fight back with updated site.
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.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
An aviation agreement has been signed today by the European Union and the Vietnamese authorities which will remove nationality restrictions in the bilateral air services agreements between EU Member States and Vietnam.
more »
The European Investment Bank marked the 50th anniversary of the Republic of Cyprus and its 30 years of activity in the country with a public ceremony celebrating the signature of a total of EUR 180 million for urban environment.
more »
In response to the financial crisis, the Commission has put forward legislative proposals to strengthen and expand existing tools for coordinating economic and fiscal policy in the EU.
more »
In the first meeting of the SME Finance Forum, possible means to improve the current situation of access to finance were discussed, such as the introduction of a grace period for firms in difficulties, the involvement of credit mediators and improved loan guarantees.
more »
The EU budget is no simple matter, but then no budget ever is.
more »
Parliament will be crucial in avoiding a “lowest common denominator” approach when helping to design the EU's new economic governance architecture, ECB president Jean-Claude Trichet told the Economic and Monetary Affairs Committee on Monday.
more »
With a multitude of language-related events taking place on or around 26 September, the main themes for this year's European Day of Languages are business and jobs.
more »
The EU disbursed today € 1.15 billion to Romania, the third instalment of a € 5 billion loan, which was agreed in May 2009 as part of a multilateral financial assistance package.
more »
The European Investment Bank has agreed to lend GBP250 million for the replacement, reinforcement and expansion of the gas distribution networks operated by Scotland Gas Networks and Southern Gas Networks.
more »
The bargaining positions of all players in the human food chain must be rebalanced, and fair competition enforced by law, to ensure fair returns to farmers and price transparency to consumers, says Parliament in a resolution voted on Tuesday.
more »