Walmart gives its website a makeover in latest e-commerce push
The company has been using its more than 4,700 US stores to make it easier to shop online
Men walk past the logo of Walmart outside a store in Monterrey, Mexico February 12, 2018. PHOTO: REUTERS
CHICAGO:
Walmart, the world’s largest brick-and-mortar retailer, said on Tuesday it has made extensive changes to its website, betting that a cleaner, more modern walmart.com will help it win market share from Amazon.com.
Walmart, which announced in October that it was redesigning its website, has been investing heavily in its e-commerce business and using its more than 4,700 US stores to make it easier to shop online.
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The Bentonville, Arkansas-based company has been letting shoppers pick up and return online orders in stores, and said in March that it planned to expand its grocery home delivery services to reach more than 40 per cent of US households.
The changes, to take effect at the start of May, will include a wider range of colors, fonts, and more informal photographs. The retailer declined to comment on the total cost of the redesign
The last time Walmart updated its website was in 2014, but the changes were not as dramatic, Walmart spokeswoman Danit Marquardt said.
Walmart’s new homepage will be personalized to customers’ locations, allowing them to buy products that are trending in their towns and see which of these online services their local stores provide, Marc Lore, the head of Walmart’s e-commerce business, said in an interview on Monday.
Lore also said the website would soon have different layouts depending on product categories, allowing customers to shop for groceries differently from how they buy clothes and accessories, or home improvement products.
Lore said these changes had been well-received by the website’s brands, which will have more space and different ways to advertise. Retailers, including Amazon and Alibaba, often give brands space on their websites to increase e-commerce traffic and boost online assortments.
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“We can see from the research that it’s going to appeal to customers,” Lore said.
Walmart said in February that online sales increased 23 per cent in the most recent quarter, less than half the rate of growth in each of the previous three quarters. The company posted about $11.5 billion in US e-commerce revenue for the full year. Total US sales were $318.5 billion.
The slowing online sales growth raised concerns among analysts that the retailer might be unable to keep pace with Amazon. Company officials said at the time that Walmart was still on track to increase its e-commerce sales by 40 per cent this year.
Walmart, the world’s largest brick-and-mortar retailer, said on Tuesday it has made extensive changes to its website, betting that a cleaner, more modern walmart.com will help it win market share from Amazon.com.
Walmart, which announced in October that it was redesigning its website, has been investing heavily in its e-commerce business and using its more than 4,700 US stores to make it easier to shop online.
Amazon may offer to buy India's Flipkart
The Bentonville, Arkansas-based company has been letting shoppers pick up and return online orders in stores, and said in March that it planned to expand its grocery home delivery services to reach more than 40 per cent of US households.
The changes, to take effect at the start of May, will include a wider range of colors, fonts, and more informal photographs. The retailer declined to comment on the total cost of the redesign
The last time Walmart updated its website was in 2014, but the changes were not as dramatic, Walmart spokeswoman Danit Marquardt said.
Walmart’s new homepage will be personalized to customers’ locations, allowing them to buy products that are trending in their towns and see which of these online services their local stores provide, Marc Lore, the head of Walmart’s e-commerce business, said in an interview on Monday.
Lore also said the website would soon have different layouts depending on product categories, allowing customers to shop for groceries differently from how they buy clothes and accessories, or home improvement products.
Lore said these changes had been well-received by the website’s brands, which will have more space and different ways to advertise. Retailers, including Amazon and Alibaba, often give brands space on their websites to increase e-commerce traffic and boost online assortments.
Amazon is now second most valuable US-listed company
“We can see from the research that it’s going to appeal to customers,” Lore said.
Walmart said in February that online sales increased 23 per cent in the most recent quarter, less than half the rate of growth in each of the previous three quarters. The company posted about $11.5 billion in US e-commerce revenue for the full year. Total US sales were $318.5 billion.
The slowing online sales growth raised concerns among analysts that the retailer might be unable to keep pace with Amazon. Company officials said at the time that Walmart was still on track to increase its e-commerce sales by 40 per cent this year.