Is Walmart Doing Enough to Hold Off Amazon?
For decades Amazon (NASDAQ: AMZN) has been investing heavily into its expansion from a small book retailer when it started to the global everything store it is today. Several big retailers no longer in existence today can partly blame Amazon for their demise.
Walmart (NYSE: WMT) is not taking Amazon lightly. The biggest retailer in the world, when measured by annual sales, is adjusting to Amazon's attempt to encroach on its business. In fact, Walmart is taking some tricks from Amazon's toolbox. Here's how Walmart is fighting back.
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Source Fool.com
