Walmart’s online sales grow by 33 percent amid aggressive e-commerce push

Walmart, hoping to quell investors’ fears that its strategy for competing with Amazon had veered off course, said Thursday that its e-commerce push was back on track in the year’s first quarter.

Online sales rose 33 percent in the first three months of 2018, helping to drive the retailer’s overall revenue above analysts’ expectations.

The increase in e-commerce sales, while slower than in previous quarters, improved on the 23 percent growth rate that Walmart reported at the end of 2017. The company recently redesigned its flagship website, though Walmart said it was too early to quantify how much the redesign was helping to generate new sales.