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
The future of Europe's troubled car market and 12 million jobs was under scrutiny Tuesday.
more »
Europe must take the lead in finding solutions to the global crisis at next week's G20 summit, British prime minister Gordon Brown told MEPs in a speech in Strasbourg on Tuesday that was warmly welcomed by leaders of the main political groups.
more »
The US and Europe are in the worst economic crisis since the 1930s. With unemployment rising dramatically and businesses failing, fear is spreading.
more »
Monday evening sees MEPs consider the emotive subject of food prices in Europe.
more »
Shares in Wincor Nixdorf AG have fallen 3.5 percent and the ATM company says it is preparing to cut production hours.
more »
Leaders agreed to use €5bn in unspent EU funds to upgrade energy and internet connections. And they raised the ceiling on EU aid to countries having difficulties.
more »
Charges on heavy-goods vehicles should be based in part on the air and noise pollution they produce, according to legislation approved by the European Parliament today.
more »
EU agriculture officials are about to get a reality check. Starting next year, their on-the-job training will include a stint on a working farm.
more »
Privatisation, balanced budgets, low public deficits, and free trade have long been the mantra for prudent economic management.
more »
Building roads and pipelines, ensuring food safety, improving education, fighting discrimination and boosting jobs are all funded from the EU budget.
more »