» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 129 | NO. 85 | Thursday, May 01, 2014

What Does Wal-Mart Not Sell?

ANNE D'INNOCENZIO | AP Retail Writer

Print | Front Page | Email this story | Comments ()

NEW YORK (AP) – The news that Wal-Mart is getting into the car insurance business begs the question: is there anything that the world's largest retailer doesn't hawk?

Surprisingly, the answer is plenty.

You can find food, meds and toys for your dog Rover at Wal-Mart, but chances are you didn't buy your pet there. By the same token, you can pick up a wedding veil at Wal-Mart, but not a traditional white wedding gown. And there are plenty of battery-powered cars for kids at Wal-Mart, but no life-size versions for grown-ups.

All that could all change someday.

Wal-Mart says that almost anything is possible as it pushes to cement its reputation as a place where shoppers can stop in for grocery staples like milk and eggs and also cross off a number of other things on their "To-Do" list. In keeping with the vision of its founder Sam Walton, Wal-Mart continues to look to expand its offerings of products and services at lower prices than its competitors.

Analysts say the pressure to expand its offerings is only intensifying as Wal-Mart continues to face competition from online rival Amazon.com, which is expanding into new products and services.

"We are all about one-stop shopping," says Deisha Barnett, a Wal-Mart spokeswoman.

In auto insurance, Wal-Mart hooked up with a new site called AutoInsurance.com that lets shoppers quickly find and buy insurance policies online to cut down costs. That move comes just a few weeks after Wal-Mart launched a money transfer service.

What other services could be on the horizon for the retail behemoth? Brian Sozzi, an equities strategist who follows Wal-Mart, believes the retailer will continue to focus on adding services.

The possibilities are endless. Shoppers can order caskets online from Wal-Mart and they can even buy life insurance in 217 Wal-Mart stores. But they'll have to go elsewhere to arrange funeral services. And while customers can turn to Wal-Mart to help them file their taxes, they have to go elsewhere if they need assistance writing their will.

"Anything is fair game," says Wal-Mart's Barnett.

Follow Anne D'Innocenzio at www.twitter.com/adinnocenzio

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 109 433 13,330
MORTGAGES 114 591 17,349
FORECLOSURE NOTICES 11 93 3,391
BUILDING PERMITS 0 366 30,930
BANKRUPTCIES 76 352 12,695
BUSINESS LICENSES 21 108 4,597
UTILITY CONNECTIONS 77 564 19,457
MARRIAGE LICENSES 29 151 4,060

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.