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Home » Exec Predicts Holiday Online Sales at Walmart.com to Exceed Last Year's Numbers by 30 Percent

Exec Predicts Holiday Online Sales at Walmart.com to Exceed Last Year's Numbers by 30 Percent

November 25, 2009
CRM Daily

Raul Vazquez wants to be the Grinch who steals Christmas -- for Wal-Mart, that is.

Vazquez, the CEO of Walmart.com, says he expects as much as a 30-percent gain in online sales this holiday season compared with last year. That would far outpace the 8-percent to 10-percent projected rise in industrywide retail e-commerce this year. Total U.S. holiday retail sales are expected to be $438bn, down 1 percent vs. last year, according to the National Retail Federation.

By integrating the inventory of three third-party retailers under a program dubbed Marketplace that launched in August, the site now offers 1.5 million items, 10 times the inventory of a typical Wal-Mart Supercenter. New categories include health and beauty aids, which were added in October. "We don't have food -- yet," Vazquez says, smiling portentously.

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KEYWORDS Business Strategy Alignment Food and Beverage Global Supply Chain Management Quality & Metrics Retail Supply Chain Analysis & Consulting
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