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Pandemic helped drive Walmart e-commerce sales up 97% in second quarter

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Walmart’s investments in e-commerce, including online grocery delivery and pickup, are continuing to pay off for the retailer. In the company’s Q2 earnings, released this morning, Walmart reported its U.S. e-commerce sales were up 97% — an increase attributed to more customers shopping online during the pandemic, stocking up on household supplies, and shopping for grocery items online.

Today, Walmart offers grocery pickup at 3,450 locations and same-day delivery at 2,730 stores. Since February, it has expanded time slots by 30% to help meet consumer demand.

Overall, the company also benefited in the quarter from the impact of U.S. consumers’ government stimulus checks. As those stimulus funds ran out, sales began to normalize. But Walmart’s July comparable sales still grew by more than 4%, the company noted.

Walmart’s online marketplace also got a boost from the larger e-commerce bump, with sales up by a triple-digit percentage.

In addition, Walmart’s U.S. same-store sales were up 9.3% in the retailer’s fiscal second quarter, led by strength in general merchandise and food. Walmart President and CEO, Doug McMillon, also noted the retailer saw strong sales in categories like TVs, computing devices, and connected home — sales that also have ties to the pandemic which is forcing people to spend more time at home. He also said some consumers continued to stockpile items in coronavirus hotspots, like cleaning supplies, which were still often out-of-stock. Both cleaning supplies and paper goods (e.g., TP and paper towels) led Walmart’s consumable sales in the quarter.

The overall rise in grocery orders, meanwhile, can be partially attributed to the pandemic’s impacts and not just the ease of shopping for grocery items online. As more people have been cooking meals at home instead of dining out at restaurants, their grocery orders have also increased. Walmart said both grocery pickup and delivery saw “all-time high sales volumes” in the quarter.

The pandemic has been changing how consumers shop, too, the company pointed out. Instead of regular trips to the store, consumers now shop less frequently but buy more during each trip. Combined with the shift to e-commerce, that led to a 27% increase in comparable average ticket sizes in the quarter, while comparable transactions dropped 14%.

On the earnings call, McMillon briefly confirmed Walmart’s plans to introduce a membership service, as had been previously reported. The company is said to be working on its own alternative to Amazon Prime, dubbed Walmart+. But the launch has been repeatedly delayed, Vox recently reported. According to the CEO, Walmart has been testing the delivery component to the membership service since last year with its “Delivery Unlimited” program, which McMillon referred to as “a great base of an offer” for a broader membership program.

Today, Delivery Unlimited subscribers pay either $12.95 per month or $98 per year to order groceries online from Walmart.com without a per-order fee. Walmart+, however, will reportedly include other perks, like gas discounts and special product deals. McMillon didn’t speak to the specifics of its service, saying instead that Walmart will have more to offer when it’s ready to talk about it.

Overall, Walmart beat on earnings in the quarter, with revenue of $137.74 billion, topping estimates of $135.48 billion. Earnings per share came in at $1.56 adjusted, versus the expected $1.25. Net income also rose year-over-year to $6.48 billion, or $2.27 per share, up from $3.61 billion, or $1.26.

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Charge Your Phone Wirelessly With 50% off a Multifunctional LED Lamp

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Best Tech DealsBest Tech DealsThe best tech deals from around the web, updated daily.

White Wireless Charge Lamp | $18 | Amazon | Clip coupon + code ABC88699
Black Wireless Charger Lamp | $20 | Amazon | Promo code ABC88699

When you’re ready to turn in for the night, you don’t want to forget to charge your phone— especially if your mobile device doubles as your alarm clock.

With this wireless charger lamp, you can make this crucial step of your nightly routine even easier by just setting your phone on the wireless charging pad and… well, that’s all there is to it!

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Other functions include multiple lighting modes as well as a sleep timer option for auto shut-off of the light after 30 or 60 minutes.

This lamp can be yours in white for $18 if you clip the coupon on Amazon (it’s below the original $40 price) and add promo code ABC88699 at checkout.

You can snag the black version for $20 using the same code—no coupon though, sorry.

Don’t sleep on this deal! Who knows how long stock or the coupon code will last?

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Keep That Hotdish Hot With 65% Off a Luncia Casserole Carrier, Only $11 With Promo Code

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Luncia Double-Decker Dish Carrier | $11 | Amazon | Promo code SDDU9S7F

It has been a long time since the days we could safely have a potluck or other gatherings, but we have a fantastic deal perfect for once those times return. These double-decker Luncia dish carriers can be had for 65% off when you add promo code SDDU9S7F at checkout and clip the coupon on the site (it’s just below the price). These holders fit 9″x 13″ sized baking dishes.

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That means you can insulate and keep two dishes of food warm for only $11 instead of $30. What’s more, your Luncia carrier will arrive by Christmas if you order today as a Prime member.

Just add promo code SDDU9S7F and clip the 5% off coupon to bring the price down to $11 for the blue or the grey option.

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Grab this offer while it’s still around!


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Conquer Your Pup’s Dander and Fur With $700 Off a Cobalt or Charcoal Bobsweep PetHair Plus Robot Vacuum

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Best Home DealsBest Home DealsThe best home, kitchen, smart home, and automotive deals from around the web, updated daily.

Bobsweep PetHair Plus Robot Vacuum & Mop (Cobalt) | $200 | Best Buy

Bobsweep PetHair Plus Robot Vacuum & Mop (Charcoal) | $200 | Best Buy

Allergies can be bad enough as the seasons change. Don’t let pet hair and dander add to that by vacuuming it up early and often. That chore is easier said than done— unless you have a robot vacuum to do the work for you. This lovely bright cobalt Bobsweep PetHair Plus robot vacuum and mop, only $200 today at Best Buy seems like an ideal option. That’s a whopping $700 off, by the way.

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You can get the same deal for the charcoal version of the robot vac, too. This model is not only specially made for picking up pet hair, it self docks and charges when it’s finished with the work.

It also comes with a mop attachment, so it can take care of those kitchen floors for you as well. Grab it while it’s still available for this fantastic price!

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