Wal-Mart is looking to compete more effectively with Amazon

Retail giant Walmart is attempting to step up the company’s online shopping footprint by increasing the number of online-only, dedicated distribution centers around the country. Looking for ways to compete more effectively with Amazon, Walmart global e-commerce CEO Neil Ashe mentioned that the company recently opened a new distribution facility in Fort Worth, Texas and will open a 1-million square foot facility in Pennsylvania before March 2014. 

The head of Wal-Mart Stores Inc’s e-commerce efforts predicted that the retailer would be able to match the service offerings of competitor Amazon.com Inc. within two years. In a private interview at the World Economic Forum in Davos, Switzerland, Wal-Mart global e-commerce CEO Neil Ashe said that the company was continuing to build out new warehouses across the country used to distribute online orders. The huge U.S. retailer just opened a facility in Fort Worth, Texas, and plans another in the Lehigh Valley of Pennsylvania. Both will be used to fulfill online orders in their regions. Mr. Ashe suggested that more centers would be coming soon in various parts of the U.S.

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