Walmart’s “Brand Halo” Is Grocery —

Walmart’s CFO is touting the importance of grocery to Walmart’s brand, particularly in the area of e-commerce:

“During the presentation, which was also available through a live webcast, Biggs emphasized the significant role that grocery will play in the company’s e-commerce growth this year, which the company expects to be around 35%. While Walmart currently offers grocery pickup at approximately 2,000 stores, that number will increase to 3,000 stores by the end of this year, Biggs said. Grocery delivery, which is now available at 800 stores, is projected to double.”

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