Wal-Mart is planning to cut back on store investments and spend more on e-commerce in the face of stagnant same-store sales and falling store traffic in the US, company executives said Wednesday. The company cut guidance for 2015, saying that it expected growth of 2-3{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} compared with previous … Read entire story.
Source: Business Insider