WalMart Stores(WMT:NYSE) plans to revamp the electronics departments in its U.S. stores this week in a battle with Best Buy(BBY:NYSE) and Amazon.com(AMZN:NYSE) for customers of the closed Circuit City Stores, a report says.
The Wall Street Journal reports the world's biggest retailer will unveil roomier and more interactive electronics displays beginning Monday. The displays will showcase the latest mobile phones and portable computers, and include standalone sections for brands such as Nintendo and Apple(AAPL:NYSE).
"Circuit City's business is up for grabs right now and we expect to get our share," Gary Severson, WalMart's senior vice president of home entertainment, told the Journal.
Circuit City filed for Chapter 11 bankruptcy protection in November and closed its remaining U.S. stores in March.
The newspaper reports WalMart was expanding its electronics selection before Circuit City collapsed. It has begun carrying more sophisticated products such as Research in Motion's(RIMM:NYSE) Blackberry smart phones and will soon carry Palm's(PALM:NYSE) Pre smart phone despite claims by bloggers the Pre would be a Best Buy retail exclusive, the Journal reports.
WalMart also is adding to the lines of higher-end televisions it carries by offering products from Sony(SNE:NYSE) and Samsung Electronics, and is broadening its array of Blu-ray disc players and movies.
In June, WalMart will start selling Dell's(DELL:NYSE) new Studio One 19 touch-screen computers, the Journal reports.
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