retail news in context, analysis with attitude

• The Washington Post reports that “Walmart has unveiled new apps for the iPad and the iPhone that allow shoppers to browse inventory at their local store, scan products and create voice-activated shopping lists ... The new version of the iPhone app includes both a bar code scanner and a QR code scanner. The new voice-activated shopping list can also help customers find coupons and provides a running tally of the bill.”

The story notes that Walmart is making a considered bet: “According to IBM Coremetrics, mobile sales made up nearly 10 percent of online retail sales last month, compared with just 3.4 percent a year ago. Meanwhile, about 6.5 percent of people who browsed products using an iPad made a purchase, compared to just 3.6 percent of of all mobile users.”

Bloomberg reports that Walmart “plans to increase market share early this holiday season by cutting prices, including discounting board games by 34%.”
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