Walmart’s e-commerce sales rise 63% following marketplace overhaul | Fortune.com

Walmart’s online sales grow, pointing to increased adoption of ecommerce at the local level, and highlighting a key point of disruption: What use are the stores in their current configuration? Physical store sales were also up, but by only 1.3 percent compared to the 63 percent online gains.

The discount chain reported on Thursday that U.S. online sales rose a staggering 63% in the first fiscal quarter of the year, following last year’s overhaul of its online marketplace and a series of acquisitions of e-commerce companies since then, most notably its $3 billion purchase of Jet.com.

Source: Walmart’s e-commerce sales rise 63% following marketplace overhaul | Fortune.com

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Mitch Ratcliffe is a veteran entrepreneur, journalist and business model hacker. He operates this site, which is a collection of the blogs he's published over the years, as well as an archive of his professional publishing record. As always, this is a work in progress. Such is life.
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