Seeking Alpha

Wal-Mart's online sales growth impresses

  • Wal-Mart (WMT) grew internet sales at a faster clip than Amazon for the first time in a decade, according to Internet Retailer.
  • Online sales at Wal-Mart grew 30% to $10B, compared to Amazon's 20% gain to $67.8B.
  • The growth comes after major investments from Bentonville in technology and fulfillment centers.
  • The company expects to grow online sales another 30% this year to $13B.
Comments (5)
  • Patent News
    , contributor
    Comments (1390) | Send Message
     
    doesnt seem too impressive if its just taking in-store sales??
    6 May 2014, 07:06 AM Reply Like
  • JDDurango
    , contributor
    Comments (215) | Send Message
     
    Huh? It says internet sales.
    6 May 2014, 07:56 AM Reply Like
  • The Retired one
    , contributor
    Comments (184) | Send Message
     
    I shop at night when it's late raining and i can have a snack or drink while i save time
    It's great it has products people want, waiting for you to p/u when you shop free no cost shipping to any Walmart store..
    It beats having mdse shipped to a location that has it dropped on their doorstep. A gift for thieves I can't do that.
    6 May 2014, 11:04 AM Reply Like
  • youngdub774
    , contributor
    Comments (70) | Send Message
     
    Anyone ever heard of the law of large numbers?
    6 May 2014, 11:26 AM Reply Like
  • tampabay
    , contributor
    Comments (318) | Send Message
     
    And Walmart makes Profits, Amazon makes Sales (only)
    6 May 2014, 10:03 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs