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Bloomberg reports on the state of affairs at Walmart.com, the e-commerce site of the world’s biggest retailer, which analysts believe generates revenue of about $6 billion annually, far less than the more than $34 billion generated by Amazon.com.

According to the piece, Walmart - spurred by stagnant same-store sales in the US that have gone on for eight quarters - no longer views online as a potential competitor that could cannibalize its physical stores, but rather as a necessary and critical component of a sustainable business model. And it is putting considerable resources behind its e-commerce business, upgrading both its look and functionality to the point where it can be competitive with Amazon.
KC's View:
As I’ve said here before, I’ve been told that Walmart also is designing its small store formats with the idea that eventually they could be part of a thriving network of delivery depots for products ordered online, as the Bentonville Behemoth looks to create an integrated system for the future.