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Walmart to take on Amazon in potentially costly e-commerce battle

Plans to use its large network of stores as distribution points

Reuters 

Walmart 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 Amazon - as it has suggested by testing a free shipping club - then it may have to spend well beyond a previously announced investment target on big distribution centers and other costs for its plan. Walmart's sluggish quarterly results that were released on Tuesday highlighted the importance of growing its online ...

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First Published: Wed, May 20 2015. 10:10 IST
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