Wal-Mart works to close gap between itself and Amazon
May 31, 2017
HOBOKEN, N.J. (AP) — Even after an online spending spree, it may be hard for Wal-Mart to escape the Amazon in the room.
Wal-Mart's acquisition of Jet.com and brands that appeal to younger shoppers have given it an e-commerce boost as it works to close the gap between itself and the online leader. The world's largest retailer is betting on essentials like cereal and diapers, and has adjusted its shipping strategy to better compete with Amazon's Prime program.
But Amazon keeps innovating too, implementing new technology and trying to make shopping more convenient.
Marc Lore, a co-founder of...