Walmart to focus more on e-commerceThe Associated Press/The Seattle Times (tiered sub.) 10/06/2016
As recent investments suggest, Walmart is focusing more on the digital side of its business. CEO Doug McMillon, speaking at the retailer’s annual investment meeting, said Walmart would “look more like an e-commerce company” going forward. Walmart plans to open 130 new stores in the U.S. this year, below its original estimate of between 135 and 155.