business news in context, analysis with attitude

• There continues to be significant coverage of Walmart’s online plans, as Dow Jones carries an interview with CEO Raul Vazquez, who says that the company is getting much more serious about multichannel selling, “saying that it not only wants to be dominant among brick-and-mortar retailers, but that it also wants to take out online titan”

According to the story, “Vazquez said is already making great strides, growing at two to three times the rate of the overall e-commerce industry and expecting a ‘very good holiday season’ coming off the record sales and volume it has seen all year. Vazquez declined to provide precise figures.

“ has typically more than 10 million visits on Thanksgiving, its highest traffic day of the year, as consumers' thoughts turn to Black Friday sales and overall Christmas buying after their turkey dinners. CyberMonday, the Monday after Thanksgiving, is the top five among's busiest days of the year, in line with other sites that tend to see more business closer to Christmas, or even on Black Friday.”
KC's View: