USA: New Wal-Mart.com chief says still ways to go
Wal-Mart Stores Inc., the world's largest retailer, is not yet getting its share of the booming e-commerce market, the new head of the chain's online retail venture said on Friday. Jeanne Jackson, named in March as chief executive officer of Wal-Mart.com, told Wal-Mart shareholders her vision for grabbing a bigger share of the Internet consumer market included selling everyday items from car tires to birthday cakes.Jackson said total e-commerce sales by all vendors topped $20 billion and were expected to grow to over $184 billion by 2004.Analysts have said Wal-Mart's e-commerce business, based in Palo-Alto, Calif., is expected to be a strong growth vehicle.Jackson, who was hired from retailer Gap Inc's (NYSE:GPS) Banana Republic and online divisions, was short on specifics about the functions of the new Web site.But she talked about visions including ordering books, prescription medicines and even birthday cakes through Wal-Mart.com from the comfort of bed.She said consumers should also be able purchase car tires on the site with easy-to-read fitting help online and then book a date to drive to a Wal-Mart store for installation."We're just imagining here, but we're allowed to imagine possibilities," Jackson said. "These are the visions I'm dreaming about." As of April 30, Wal-Mart had 1,784 Wal-Mart discount stores, 753 Supercenters and 465 Sam's Clubs warehouse stores in the United States. It also has stores in South America, Canada, China, Germany, Korea, Mexico, Puerto Rico and the UK.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
Help test our new apparel sourcing tool.
- Rana Plaza four years on – Timeline of change
- Trump and Brexit get a dose of pragmatism
- Industry groups reaffirm commitment to Bangladesh
- Using worker surveys to drive supply chain change
- Where does VF supply chain sit in growth strategy?
- Nike filed patent for "reinforced denim"
- Gap unveils five-year sustainable fibres pledge
- US textile industry applauds Trump executive order
- Pentland Brands reveals Berghaus factory list
- Adidas and Reebok top transparency index
- Global market review of denim and jeanswear – forecasts to 2022
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Clothing Market in the Top 5 American Countries to 2021 - Market Size, Development, and Forecasts
- Myanmar - ISA Country Report