Why Wal-Mart Stores, Inc. (WMT)’s Locker Program Puts it Ahead of the Competition

Wal-Mart now has the lead. Furthermore, Wal-Mart Stores, Inc. (NYSE:WMT) will force more price competition with Amazon, as shoppers will undoubtedly compare prices when thinking about a pick-up locker purchase.

Investors should watch how online retail develops in the coming months. While Wal-Mart was all but forgotten as an “also-ran,” its competitive drive makes the company worth another look. This isn’t a company to be forgotten in the online space. It recently acquired a search and analytics firm, Kosmix, while those in Silicon Valley are reporting aggressive new hiring by Wal-Mart Stores, Inc. (NYSE:WMT) to build its e-commerce division.

Amazon is undoubtedly a great company, but any hopes investors had of a flawless lockers service with no real competition have gone out the window. This could be just the move Wal-Mart Stores, Inc. (NYSE:WMT) needs after reports of a very disappointing start for same store sales in 2013.

The article Why Wal-Mart’s Locker Program Puts it Ahead of the Competition originally appeared on Fool.com and is written by Jordan Wathen.

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