walmart online sales surge as the world’s largest retailer was hurt
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Wal-Mart online sales surge as the world’s largest retailer was hurt

Arab Today, arab today

Arab Today, arab today Wal-Mart online sales surge as the world’s largest retailer was hurt

worker pushes shopping carts in front of a Wal-Mart store
New York - Arab Today

Wal-Mart’s fourth-quarter earnings fell nearly 18 percent as the world’s largest retailer was hurt by its investments in e-commerce and stores.
But Wal-Mart saw its US business accelerate — both in customer counts and for a key sales metric — during the period that covers the critical holiday shopping season. It also enjoyed a surging global e-commerce business. The company also said Tuesday that it is raising its dividend. Shares rose in pre-market trading.
Wal-Mart, like other traditional retailers, has been trying to improve its online operations to be a stronger challenger to online leader Amazon.com. The holiday shopping season was challenging for many retailers, underscoring the changes brick-and-mortar stores need to make. But Wal-Mart’s results show that it has been able make inroads.
“We are moving with speed to become more of a digital enterprise and better serve our customers,” Doug McMillon, CEO of Wal-Mart Stores Inc., said in a statement.
Still, Wal-Mart and others also face new challenges, as shoppers face uncertainty about health care and other issues under President Donald Trump. Wal-Mart and other retailers are fighting a Republican proposal aimed at encouraging manufacturing in the US that would essentially tax imported goods — something the retail industry says would increase prices for shoppers on items like clothes and toys by as much as 20 percent.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

walmart online sales surge as the world’s largest retailer was hurt walmart online sales surge as the world’s largest retailer was hurt

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

walmart online sales surge as the world’s largest retailer was hurt walmart online sales surge as the world’s largest retailer was hurt

 



GMT 21:52 2017 Thursday ,19 October

Israeli forces arrest 7 Palestinians in West Bank

GMT 15:41 2017 Wednesday ,04 October

Putin warns against double standards in war on terror

GMT 23:42 2017 Monday ,18 September

Mattis 'shocked' by low level of US military readiness

GMT 17:36 2017 Saturday ,14 October

What's at stake for business in Iran's nuclear deal

GMT 14:14 2017 Saturday ,11 February

Ghada Adel praises participation with Adel Imam

GMT 21:00 2017 Thursday ,05 October

Scores of settlers storm into Al Aqsa

GMT 11:56 2017 Wednesday ,29 November

Iraqis throng to Picasso in Baghdad

GMT 05:43 2018 Wednesday ,12 September

"Ala" Syria determined to liberate Idleb from terrorism

GMT 19:47 2018 Thursday ,18 January

Sultan Al Qasimi launches Sharjah real estate projects

GMT 10:58 2017 Thursday ,20 April

Kabbara meets Saudi counterpart, IMO chief in Cairo

GMT 00:10 2017 Tuesday ,10 October

Turkey calls for new round of Syria talks in Geneva

GMT 00:29 2017 Tuesday ,24 October

HM King congratulates UN secretary-general

GMT 10:42 2017 Monday ,22 May

Egypt refers 48 IS suspects to military court

GMT 05:18 2017 Thursday ,12 October

Sub-Saharan Africa to grow at a slower rate this year

GMT 03:34 2017 Monday ,18 September

August24th-September23rd

GMT 23:32 2017 Thursday ,27 July

10 fishing boats to be sunk for poaching

GMT 08:09 2017 Tuesday ,25 April

Israeli enemy drone violates Lebanese skies

GMT 12:06 2017 Saturday ,21 January

Weakness in oil and gas dents GE earnings

GMT 17:20 2017 Tuesday ,01 August

Gum disease linked to higher cancer risk in women
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday