>>NEW YORK, Oct 1 (Reuters) - Wal-Mart Stores Inc. WMT.N,
the world's largest retailer, expects to have its overhauled Web
site up and running this year in time for the holiday shopping
season, the Wall Street Journal reported in Friday's onlineedition.
Citing people familiar with the site's development, the
Journal said the debut is expected soon after Halloween, and
that the site will be tailored to individual shopping habits,
remembering users' preferences and directing appropriate
merchandise to their attention.
A Wal-Mart spokeswoman, Melissa Brown, confirmed that the
redesigned site will be launched "some time later this year" but
would not specify the date, the Journal said.
Wal-Mart plans to focus on selling toys and electronics such
as digital cameras and DVD players, the Journal said, competing
with leading online retailers like Amazon.com Inc. AMZN.O andeToys Inc. ETYS.O.
Wal-Mart's current site carries a broad array of
merchandise, but has not matched its dominance in retail stores
with a towering presence in online retailing.
REUTERSRtr 05:27 10-01-99
Glenn, on a serious note, why doesn't Wal-mart just buy Amzn, and end the competition between them?
They could just do a stock swap. Do you think that Bezo would be reluctant to swap his "value shares" for Wal-Marts "risky shares"?
Maybe he might think different after Xmas. |
