The stock of Wal-Mart Stores Inc (NYSE:WMT) closed at $75.05 gaining 1.50% in yesterday’s trading session. Business competition has been heavy around the globe with most of the top providers resorting to different strategies to remain relevant in the markets.
This provider according to some trusted sources directed some of its money into revamping its online ordering services. That happened some two years back. It hopes to be able to boost its business momentum so that it will be the competitor to beat for most of the related providers.
Autumn is just around the corner. Most families are getting ready to send their children to school. It will be a great opportunity for the company to put its news services to the test.
It goes without saying that indeed Back-to-school season is one of the busiest moments for most of the retailers. The National Retail Federation has given it word in regards to the coming season. It disclosed that it expected a rather strong season that will have it spend about 10% more in close relation to last year’s figure and this is according to Yahoo.
The onslaught will of course call for prior preparation. The trusted provider according to some company insiders recently launched a number of tools. By choosing to expand its services to cover hundreds of back-to-school items like notepads and pens, it will be able to get even higher returns in the coming season.
It will also be resorting to integrating the TeachersList, which happens to be an online resource comprising more than 500,000 classroom lists. This makes it pretty easy for the different customers to look up directly into the school supplies and proceed to make their purchase.
While recently speaking to a number of top news reporters, one of the top executives working with the company said, “We are looking forward to add extra in-store employees to assist customers at checkout. That will help us cut down on the wait times during the holiday season.”