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Walmart looking to purchase 3-D printer maker



CEO of Wal-Mart Stores Inc., Doug McMillon, said the retailer is looking at using 3-D printers to produce supplies and is also considering buying into the market.
He finds 3-D printing interesting and said that it could be used as a method to replace parts over time, Bloomberg says.

The growing 3-D printer industry has been an opportunity as well as a threat to retailers such as Wal-Mart.  It is possible to create small components and products with the device which would reduce the need for consumers to visit the store.  However, retailers could make use of the technology themselves to maintain their inventory levels, which would cut costs.

McMillon was questioned on the purchase of 3-D printing companies by Wal-Mart and said that it would make sense in certain situations.  He said that the company is planning to boost partnerships and acquisitions.  

McMillon stated that they have been acquiring much lately, particularly talent and he believes that their level of acquisitions will accelerate in future.

More about shopping malls in the USA



TODAY, Hong Kong:
The opening of the North Face flagship in Hong Kong is the first tangible sign of a market recovery in the country.
YESTERDAY, USA:
The new store opens on the grounds of The Grove mall in Los Angeles.
DAY BEFORE YESTERDAY, Sweden:
In Elmhurst, Sweden, a man named Bengt has returned IKEA furniture that was manufactured almost 60 years ago.
DAY BEFORE YESTERDAY, USA:
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Nov 28, 2021, Philippines:
The new five-story IKEA store is located in Pasay, an urbanized suburb of Manila.
Nov 28, 2021, Australia:
The virtual site was created so that customers could "touch" and explore the brand's products.
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