Walmart Unveils Online Holiday Strategy

Walmart shares traded higher after the company unveiled a new strategy to offer more online items for same-day pickup during the holiday season.
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Walmart (WMT) - Get Report shares were up slightly on heavy volume Thursday after the big-box retailer unveiled its plans for the holiday season. The company will make tens of thousands more items from its online inventory available for same-day pickup. Walmart has made a concerted effort in recent months to steal online market share back from Growth Seeker holding Amazon by purchasing Jet.com for $3 billion and revamping its website. The company also said it will focus on making in-store checkouts faster.