Here's How Wal-Mart Plans to Make Shopping Easier
Coming off a solid quarter where revenue grew by 2.1% (or $2.5 billion) and comparable-store stores sales in the United States inched up 1.3%, Wal-Mart (NYSE: WMT) CEO Doug McMillon made it clear during the post-earnings release call that its transformation has just begun.
Part of it has been its fast-moving digital overhaul. That led to another strong quarter where domestic e-commerce sales grew by 60%. The CEO noted that "customers are responding to the improvements we're making to deliver a seamless shopping experience that saves them time and money," before laying out more of its ongoing strategy.
Wal-Mart has added pickup towers for online orders at some stores. Image source: Wal-Mart.
Source: Fool.com
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