In his first public TV interview after becoming the CEO of Wal-Mart Stores, Inc. (NYSE:WMT), Doug McMillon, in a program on CNBC said that the current Holiday season shopping trends are giving incredible results for the company. The Cyber Monday sales are brushing record high numbers and Wal-Mart Stores, Inc. (NYSE:WMT) is recording an all time high sales in its stores. He said that trends are changing; ecommerce is now becoming the key and Wal-Mart Stores, Inc. (NYSE:WMT) is making full use of emerging and contemporary market trend in order to be profitable.
He said that Wal-Mart Stores, Inc. (NYSE:WMT) has received 70% of its orders from the mobile platform, which is a dramatic increase and depicts new trend in the shopping world. He said that 10% of the orders Wal-Mart Stores, Inc. (NYSE:WMT) received are from the users who were actually present in the stores. This is a fascinating new trend. He said that Wal-Mart Stores, Inc. (NYSE:WMT) is giving full-time shopping spree for its customers on weekends. Users can come into the stores, try things out, use sales and deals, go back to their homes, order online or pick up things from physical stores. McMillon also said that Wal-Mart Stores, Inc. (NYSE:WMT)’s Pickup Today business has grown around 50% in the US. People are more interested in coming to the stores or parking lots of the stores to pick up food and other items.
Wal-Mart Stores, Inc. (NYSE:WMT) CEO thinks that the customer is the real entity which is benefiting from all the emerging shopping trends. The customer has literally hundreds of options to go for and the companies are refining their services and payment methods to stay ahead in the surging competition.
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