Tuesday, February 21, 2017

Wal-Mart, Spending to Fend off Amazon, Posts Earnings Decline as Revenue Grows

Wal-Mart’s profit fell 18% in the fourth quarter as it continues to boost spending to thwart competition from online retailers like Amazon, as revenue was boosted by e-commerce sales.

from WSJ.com: US Business http://ift.tt/2kUzLcJ
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