Sales at Walmart.com have been doing well, and the head of the unit expects a robust holiday season. "Customers are still spending for the holidays. Halloween was very good for us, so I suspect that Christmas is going to be great," said Raul Vazquez, head of Walmart.com in a talk with Reuters.
Wal-Mart did cut prices earlier than usual this holiday season. And, the company does have a program to allow people to buy online and pick-up their purchase at stores to save shipping. And, e-commerce sales are doing better that bricks-and-mortar locations.
Or, Wal-Mart may simply surprise Wall St. and have a great Christmas.
Douglas A. McIntyre
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