Walmart’s holiday deals released early in anticipation of customer demands
According to a Reuters reports, retailers in the US faced the shortest holiday in the past few years to prepare for customers' demands. Retailers have offered promotions and deals to customers this week. However, a month earlier than the usual, Wal-Mart Store Inc. kicked off online deals.
On November 1, Walmart held online sales that featured items from a Xelio 10.1-inch tablet priced at USD49 to a JVC 42-inch LED television for USD299.
"We have had the debt-ceiling crisis and payroll tax increases. There has just been a lot of pressure on the customer all year along," president and chief executive of Walmart.com Joel Anderson told Reuters.
Wal-Mart Stores Inc planned to hit USD10 billion in e-commerce sales this year and hoped to make USD13 billion in sales by 2014. In its efforts to keep up with the demand online since 2011, Walmart had improved its websites to handle possible traffic.
"We have really stress-tested in every form, function and fashion," Anderson said to Reuters.