Walmart Scaling Back Electronics Department to Make Room for Fishing Poles
"It's still a vibrant category but much smaller items are being sold," said Rosalind Brewer, president of Walmart East.
Walmart said it will still sell the same number of products, but in a smaller physical space. The company is looking to reduce about 2,000 square feet per store from the category, resulting in an overall reduction of 7.2 million square feet across all stores.
While Walmart didn't come out and say it, you have to wonder how much of this decision was made based on shoppers flocking online for electronics. It's interesting to note that sales have fallen for seven consecutive quarters in Walmart stores that have been open for at least a year. In addition, Best Buy has made a big effort to land popular electronic items in the past couple of years, including Amazon's Kindle and of course Apple's iPad.