February 21, 2014

Wal-Mart grows global web sales 30% in 2013 and projects similar growth this year

Wal-Mart is the world's biggest retailer. Now they have their sight on e-tailing - so watch out Amazon - the Wal-Mart giant is awakened!

If you have not checked out Market America / Shop.com, now is the time, as it is not a matter of when the whole world will shop online but why you are not benefiting from this explosion of online shopping. Why remain a spectator when you can be a big beneficiary of online spending!

Why continue to be just a casual internet user when you can be an internet mogul! With Market America, you are never alone, as everyone is eager to help each other succeed.

Read below Wal-Mart's Global Web presence from InternetRetailer.com >>

Wal-Mart grows global web sales 30% in 2013 and projects similar growth this year

Online sales topped $10 billion in the just-concluded fiscal year and will reach $13 billion this year, the big retail chain reported today. In Canada, web sales grew 145% in the fourth quarter.

Don Davis
Editor in Chief

Wal-Mart Stores Inc., the world’s largest retailer by sales, increased its online sales by more than 30% in its last fiscal year to more than $10 billion and projects more than $13 billion in web sales this year, the company reported today.

Wal-Mart, already No. 4 in the 2013 Internet Retailer Top 500 Guide, could challenge for the No. 2 spot held by Staples Inc., which reported $10.3 billion in 2012 online sales. Apple Inc. is No. 3, and Amazon.com Inc. is No. 1 in the Top 500.

E-commerce was a bright spot in Wal-Mart’s fiscal fourth quarter, which ended Jan. 31, 2014. Store sales during the period were dampened by harsh weather last month and cutbacks in the U.S. government’s food stamp program that hurt grocery sales. Even with web sales contributing 30 basis points, or 0.3%, to U.S. comparable-store sales in the fiscal fourth quarter, Wal-Mart’s U.S. same-store sales declined 0.4%.

Web sales were also a highlight in Canada, where web sales grew 145% in the fourth quarter, the company said.

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