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September 8, 2016 08:00 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/h_NQifpocMQ/
To compete with Amazon, Walmart should cut itself in half
Walmart latest earnings report wasn’t pretty. Overall revenue growth came in at a tepid o.7% for the first half of the fiscal year. Their e-commerce sales grew 11.8%, but the total e-commerce market is tearing ahead at 15% quarterly growth, which means they’re actively losing that market. Oh, and they bought a massively unprofitable e-commerce vendor for $3.3 billion dollars to make… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/h_NQifpocMQ/
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