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5-day change | 1st Jan Change | ||
| 60.21 USD | +0.57% |
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+1.60% | +14.58% |
| Apr. 25 | News Highlights : Top Company News of the Day - Thursday at 7 PM ET | DJ |
| Apr. 25 | Walmart Founder's Son to Retire From Retailer's Board | DJ |
(Reuters) - The Brazilian unit of Wal-Mart Stores Inc. has decided to integrate its physical retail and e-commerce activities, as well as expand its so-called online marketplace operations, the company said in a statement on Tuesday.
Together with an ongoing campaign to revamp its stores and introduce more regional and in-house brands, the new initiatives should cost about 1.5 billion reais ($464 million) over the next four years, Walmart Brasil said.
Online marketplaces are an increasingly popular e-commerce format, in which websites offers products from third-party retailers, rather than just the company hosting the site.
(Reporting by Gram SlatteryEditing by Chizu Nomiyama)
| 1st Jan change | Capi. | |
|---|---|---|
| +14.58% | 482B | |
| +22.31% | 40.52B | |
| +5.39% | 38.48B | |
| +18.83% | 34.03B | |
| +7.17% | 28.25B | |
| -13.79% | 25.41B | |
| -0.24% | 25.25B | |
| +4.47% | 18.35B | |
| +11.75% | 17.76B | |
| +3.12% | 13.83B |
WALMART INC. 
