Wal-Mart Stores Inc.’s acquisition of online marketplace Jet.com helped boost the retailer’s fourth quarter sales and made the retail giant optimistic about its direction. Wal-Mart, No. 4 in the Internet Retailer 2016 Top 500 Guide, reported U.S. online sales grew 29.0% year over year during the fiscal fourth quarter ended Jan. 27, while gross merchandise value—the […]
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