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Walmart could bounce back big in e-commerce

Business Insider - 27 Aug 2016 04:53
Walmart could bounce back big in e-commerce Joe Raedle / Staff / Getty Images The story at Walmart for the past year or so has been its declining online sales growth. E-commerce growth went from 16% in the second quarter of last year to 10% in the third quarter before falling into single-digit territory for two straight quarters. Last quarter, e-commerce sales started to rebound, growing 12% year over year. But one quarter of sales acceleration doesn't make a comeback. With a lot of rearrangement in its e-commerce divisions, Walmart is ...
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