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>> WAL-MART Latest News

MAY 01, 2013 - TheStreet

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Walmart Seeks More Sales on Digital Platforms

NEW YORK (TheStreet) - Wal-Mart Stores is betting that online sales will fuel the next wave of significant growth for the world's largest retailer as it more directly competes against Amazon and Google . "E-commerce is the next growth engine for Walmart," Neil Ashe, president and CEO of Walmart's global e-commerce division, said Wednesday at a New York investor conference. "We view this as an opportunity for us to grow pretty dramatically." Emphasizing the company's plans to grow its digital sales, Ashe spoke at Barclays' Retail and Consumer Discretionary Conference in New York City. ... Read More

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