Walmart losses
Waymart’s e-commerce biz is reportedly racking up $1 billion in losses and that’s only one problem it has
· Walmart is now projecting losses of more than $1 billion for its U.S. e-commerce division last year, Vox reports.
· Walmart may sell women’s apparel retailer ModCloth this year, for less than its purchase price, the report said Frustrations are growing within the company as losses mount.Walmart shares were down less than 1% Wednesday morning. The stock has rallied 19.4% this year, while Amazon shares are up 29%.
It will be interesting to see how such big company as Walmart will tackle such Financial Problem.
ReplyDeleteYes, is take the handling the problem very well and improving the business gradually.
DeleteHow inclusion of women's apparel is going to help Walmart? it has other sections also, are they not doing well?
ReplyDeleteIt will not help the Walmart. Walmart think to retain some amount which company invested in the women apparels.
DeleteHow do you feel about the future of Walmart?
ReplyDeleteWalmart future is very bright and doing very well.
DeleteIf it's racking up huge losses in e-commerce business then it's sure that they are not up to the mark in business administration because check out any e-commerce businesses in the entire globe, most of them are booming even those companies who don't have the same amount of resources that Walmart has.
ReplyDeleteWalmart is facing some problem due to not updating the trend but after updating its marketing strategy it good in e commerce as well and leading the market for e commerce grocery.
DeleteGood content....
ReplyDeletethanks for appreciation
DeleteSelling products lesser than the purchased price to generate more quarterly revenue may lead to huge loss to the company, if walmart presents it products with a negative gross margin it will be just like business failure.
ReplyDeleteI think this is the marketing strategy of Walmart. Walmart bis trying to clear the old stock and making some money from the old stock.
DeleteWalmart should not avoid its goods at a lower price because by doing so, the company,s stock can go down compared to amazon.
ReplyDeleteyes but if it can't provide the products at the lower price then it can't able to compete with its competitors.
DeleteInstead of selling its products at comparatively lower price ... If Walmart apply some more pricing technique wid their products ...like " ending price with the number 9 " is one of the best method in order to improve the sell without facing huge losses .... what's ur opinion???
ReplyDeleteyes its good idea and it will make the profit but i think Walmart is doing so because Walmart thin that getting something is better then getting nothing.
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