Walmart.com is beating expectations

by: David Jackson

The Wall Street Journal reports that walmart.com's traffic and sales have exceeded expectations, despite mediocre sales numbers from Wal-Mart overall. In an article about holiday retail sales (subscription required), the WSJ writes:

Walmart.com says traffic was higher than expected in the weeks leading up to Christmas, with visitors on Monday and Tuesday significantly exceeding its expectations. The Web site had brisk sales of digital cameras, TVs and gift cards. It completely sold out of Robosapien, a $78.84 remote-controlled robot.

The strong performance of walmart.com is consistent with other data, such as the Google 2004 search statistics, that suggest that the offline retailers are beginning to take share online.