Wal-Mart Stores, Inc. (NYSE:WMT) is planning to revamp its sales strategies after reporting no financial growth over the past fiscal year.
The company has already issued a warning to its investors to prepare themselves for a decrease in profits because of the planned investments and increased salaries to its employees.
Wal-Mart announced that it will open-source its cloud operations code with claims that its online retail business is too big to be operated on one cloud.
The company will, therefore, seek the help of OneOps, a cloud automation startups that Wal-Mart had invested in two years ago.
Once the company has outsourced the code, it will be able to take advantage of cloud portability, thus making it possible to cloud shop. This technology will allow Wal-Mart to go beyond the barriers of a single cloud and also harness the advantages of different pricing.
The company believes that they will overcome some of the hurdles that have been set by cloud hosting while at the same time experiencing the same developer benefits and cloud portability.
Some of the other activities that the company is looking to employ to boost sales include activities that will attract the middle-class consumers. Some of these activities are tied to the online retail business that has played a significant role in Wal-Mart’s competitive strategy against giant retailers such as Amazon.com, Inc. (NASDAQ:AMZN). Wal-Mart has introduced its free curbside pickup service to new markets where the company’s customers can use to pick up their grocery items.
The curbside service is a time-saving option where online shoppers can buy their groceries online, and then they can pick up their shopping at convenient Wal-Mart locations. According to the company’s spokeswoman, Anne Hatfield, Wal-Mart employees will deliver the products right up to the curbside of the store for easy access, so buyers will not even need to get out of their vehicles. The service is now available in some of the Texas markets including Dallas-Fort Worth.
Sources: fortune, wbap