Walmart turns to goods of at least US$10 to turn its e-commerce around
But the move carries significant risk for the company if bargain hunters reject the new strategy and seek lower-priced merchandise elsewhere
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WALMART Inc is asking vendors to supply it with more merchandise priced at US$10 and up, as part of a major push to finally turn a profit at its online business, according to four people with knowledge of the matter.
The new focus at the world's largest retailer is on dry grocery products such as sauces, soaps and general merchandise items such as toys and home furnishings, the sources said.
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