E-Commerce Operations: Sales and E-Commerce

e-commerce operations: The retail giant posted better-than-expected results on Tuesday, in part due to its various online efforts, according to Market Watch. Walmart grew e-commerce sales by 43% in the quarter as it improved the selection on its various websites and saw greater uptake of its online-grocery offerings. The next hurdle is generating a real profit from these efforts. Walmart WMT, -2.27% expects that sales growth from e-commerce will decelerate in the year ahead, but right now a key focus is improving the margins from web sales. The retailer may not see immediate benefits Biggs predicts that losses from e-commerce operations will increase in the year ahead but the company is working toward a more attractive profit profile and sees great opportunity in being a more formidable online player. Chief Financial Officer Brett Biggs told investors that the company is working with a great sense of urgency to boost online sales in home goods and apparel, areas that could help margins. (news.financializer.com). As reported in the news.