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 More

Source: Techcrunch.com