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Wal-Mart outpaces Amazon for online growth

from Integrated Solutions for Retailers

In February of this year, Wal-Mart opened its second Silicon Valley innovation hub; according to an article published in The Wall Street Journal, Wal-Mart's online sales grew by 30 percent last year in comparison to Amazon's growth of 20 percent for the same time period. Last year's online sales growth marks the first time Wal-Mart has surpassed Amazon's growth rate, though the online-only retailer significantly surpasses Wal-Mart's online sales by six times as many. Wal-Mart's success is the culmination of an expansive, and expensive, effort to directly take on and surpass online retailers. more


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