Reuters |
Wal-Mart touts e-commerce over stores, tempers profit view
Reuters N) on Thursday tempered its profit forecast for the next two fiscal years and said it would slow new store openings as it spends heavily on a long-term plan to transform itself into an e-commerce company. Shares of Wal-Mart, which backed this year's ... Walmart to slow new store openings, invest in e-commerce Wal-Mart Sees More Spending on E-Commerce, Remodelling Walmart (WMT) Boosts Stake in JD.com (JD), Continuing E-Commerce Expansion |
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