Wal-Mart says tech investments will boost online sales


  • TECH
  • Monday, 06 Jun 2016

People talk outside a Wal-Mart Pickup-Grocery test store in Bentonville, Arkansas, June 4, 2015. REUTERS/Rick Wilking

FAYETTEVILLE, Arkansas: Wal-Mart Stores Inc executives touted the technology investments the world's No. 1 retailer is making to boost online sales, during the annual shareholder meeting on June 3. 

Chief executive officer Doug McMillon spoke about initiatives like online grocery pick up, the retailer's two-day shipping program and its mobile wallet, Wal-Mart Pay. His comments capped off a week-long media event where the company displayed drones in warehouses and announced a partnership with Uber to deliver online groceries. 

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