Wal-Mart announced that it will open six stores in Chicago by 2013. The stores will create 1,000 permanent jobs with their new stores and an extra 200 for the construction. The goal is to bring well-priced groceries, goods and pharmaceuticals to the underprivileged neighborhoods. Will you...

SEATTLE, United States — Amazon.com Inc. surpassed Wal-Mart Stores Inc. as the world's biggest retailer by market value after a surprise second-quarter profit sent the e-commerce company's stock into record territory. Amazon shares rose as much as 19 percent to $573.45 in after-market...

NEW YORK, United States— Wal-Mart Stores Inc. is in advanced discussions to invest as much as $1 billion into India's Flipkart Online Services Pvt, as the two companies battle Amazon.com Inc. in e-commerce, according to a person familiar with the matter. Wal-Mart, the world's largest...

BENTONVILLE, United States — Wal-Mart says it plans to slow new store openings as it looks to pour more money into its online efforts, technology and store remodels. Shares of the Bentonville, Arkansas-based chain fell slightly in Thursday premarket trading. Wal-Mart closed on its more...

ARKANSAS, United States — Wal-Mart Stores Inc said that it would take a different approach to online growth than Amazon.com Inc by using its large network of stores as distribution points. But if the world's largest bricks-and-mortar retailer is serious about competing more directly with...

BENTONVILLE, United States — Wal-Mart Stores Inc. has hit the reset button on its China strategy in dramatic fashion. The world's largest retailer is making an ambitious push into e-commerce in China and aims to deliver goods from its stores around the world to Chinese consumers within...

BENTONVILLE, United States — Wal-Mart Stores Inc said on Monday it would buy online retailer Jet.com for about $3 billion (£2.30 billion), the largest-ever deal for an e-commerce startup, as it races to build a Web business to better compete with Amazon.com Inc . Wal-Mart's online business...

NEW YORK, United States — Wal-Mart Stores Inc. and e-commerce startup Jet.com Inc. are trying to close a $3 billion acquisition as soon as Monday that will require Jet founder Marc Lore to head the retailer's online division for several years, according to people familiar with the...

"We believe this strategic alliance will help us grow e-commerce even faster in China," said Dan Toporek, a spokesman for Wal-Mart. Josh Gartner, a JD.com spokesman in Beijing, declined to comment on the stock performance or the partnership with Wal-Mart. A significant share of JD.com's...

CHICAGO, United States –Wal-Mart Stores Inc on Monday said it has completed the acquisition of internet retailer Jet.com after agreeing to pay about $3 billion for the e-commerce startup last month. Wal-Mart chief executive Doug McMillon announced the closing of the deal, which was pending...

 

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