The world's largest retailer released a strong sales performance report in the third quarter on Thursday, thanks to the online food grocery business, which also improved the profit expectations of this year's holiday shopping season. Like other retailers, Wal -Mart also benefits from a strong sales market and rising consumer satisfaction. From children's toys, learning products to fresh food, this is the best performance for more than ten years.

Some retailers also benefit from the shutdown of the TOYS R US and Bon-Ton stores, and Sears bankruptcy will create more sales opportunities.

Since the acquisition of Jet.com two years ago, Wal -Mart has been using the acquisition of brands and increasing online expansion of goods, and has been increasing the delivery and picking of food grocery. At present, 2,100 of its 4,700 American stores provide food grocery, while nearly 600 locations provide grocery distribution services. Wal -Mart also transformed its website, focusing on fashion and home supplies.

Nevertheless, Wal -Mart's online sales are still a small part of Amazon's online global commodity empire. Wal -Mart's online business in the United States is only $ 11.5 billion.

Last week I visited a Wal -Mart store in Houston and found that this store showed rich holiday products (such as expanded toy aisles, large interactive toy pony and Barbie dream campers, etc.). $ 400. The shoes have been cut and hung on the shelves for the convenience of buyers to find them.

Greg Foran, the CEO of Wal -Mart, said in an exclusive interview and tour lecture on the Houston Store last week that they believe that the quality of the product, the traffic, and the price of the product are relatively one than the one. Optimistic years ago.

There are more promises in Wal -Mart, located in Benton Waloma, Arkansas. Under the leadership of Foran, Wal -Mart is creating a shopping experience with technology as the power. At the same time, it transforms its store into an efficient distribution center, which can fill the online orders to reduce transportation costs and speed up delivery.

Wal -Mart is deploying a giant pick -up site to automatically generate online orders in hundreds of stores. Customers can now better find products in the store. Staff equipped with new applications can also manage daily tasks on mobile devices to handle online orders easier and more conveniently and quickly.

Foran admits that it is facing fierce competition from other traditional chain stores such as Amazon and Target. Bain \u0026 CO. It is predicted that by the end of this year, Amazon in the United States will surpass the market and occupy half of all e -commerce sales.