Will Virtual Wally World Rise Above its Current Fashion Stigma?

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Fraud Accounting, Income Taxes, Intermediate Accounting, International Accounting, Managerial Accounting.

To make deeper inroads into online fashion, Wal-Mart Stores Inc said it will soon offer Hudson’s Bay Co. owned department store chain Lord & Taylor dedicated space on its website.

Questions:
1. When will the new fashions be offered?
2. What are the financial terms of the deal?
3. Despite its large presence, who is Wal-Mart failing to attract with its online offerings?
4. What does Walmart see as its virtual future?

Source:

Bose, N. (2017). Wal-Mart partners with Lord & Taylor to expand online fashion presence. Reuters.com, Nov. 13 (Retrievable online at http://www.reuters.com/article/us-walmart-lord-taylor/wal-mart-partners-with-lord-taylor-to-expand-online-fashion-presence-idUSKBN1DD2Q7)