By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Orlando, Fla. — Walmart is testing a wide range of pick-up options for online orders as it continues to integrate its physical and e-commerce operations.
Leveraging its supply chain, Walmart is looking beyond stores to lockers and even freestanding drive-through windows as retrieval points for dot.com purchases.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Bentonville, Ark. — Wal-Mart Stores reported higher net sales but lower net income in its fourth quarter and fiscal year, ended Jan. 31.
Net sales for the fourth quarter were $128.8 billion, an increase of 1.4 percent over last year. This quarter included the negative impact of approximately $1.8 billion from currency exchange rate fluctuations. On a constant currency basis, net sales would have increased 2.8 percent to $130.6 billion. Membership and other income for the fourth quarter increased 12.7 percent vs. last year.
New York — Boxee’s new $99 Boxee TV device will go on sale at more than 3,000 Wal-Mart Stores starting Thursday.
The web-connected Boxee TV device was designed to bring live television and online video together for home users.
Wal-Mart will carry the device exclusively during the holiday season, the companies said.
Wal-Mart plans to promote the unit both with in-store point of purchase materials in outside stores through circulars.