Thursday, February 8, 2018

Walmart makes push to sell online goods at $10 and up to capture elusive e-commerce profit


Walmart Inc is asking vendors to supply it with more merchandise priced at $10 and up, as part of a major push to finally turn a profit at its online business, according to four people with knowledge of the matter.

The new focus at the world’s largest retailer is on dry grocery products such as sauces, soaps and general merchandise items such as toys and home furnishings, the sources said. . . . more