Wal-Mart shares rocket higher as retailer plans website redesign with a focus on home, fashion

Wal-Mart shares rocket higher as retailer plans website redesign with a focus on home, fashion

8 years ago
Anonymous $uquhsGEL_U

https://www.cnbc.com/2017/10/10/wal-mart-shares-surge-higher-as-retailer-plans-website-redesign.html

Wal-Mart is planning a website redesign that's slated to be revealed in the first quarter of next year, Marc Lore, president of Wal-Mart's U.S. e-commerce business, said Tuesday.

The big-box retailer plans to invest heavily in e-commerce and online grocery in the coming months, with plans to double its online grocery pickup locations across the U.S. by the end of next year. Meantime, Wal-Mart's physical store growth is slowing significantly.