Walmart Reportedly Pushing for Higher-Margin Goods to Boost Online Profits

Walmart is turning to its vendors for more consumer products like sauces and soaps and general merchandise like toys and home goods, priced at least $5 but preferably $10 or more, to boost online profits, Reuters reports, citing unnamed sources. Walmart didn’t immediately return Retail Dive’s request for comment.

Walmart U.S. e-commerce chief Marc Lore last week met with suppliers including Procter & Gamble, Unilever, Kimberly-Clark and Clorox, sources told Reuters . The move is aimed at