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Walmart is losing a lot of money online. Does that matter?

Walmart

Walmart Inc.’s online sales—which include a large buy online pick up in store (BOPIS) operation for groceries and other goods—are soaring. But profit for the ecommerce operation could be years away, according to industry observers. In the first and second quarters of Walmart’s current fiscal year, online sales grew 37.0%, the company reported. Management expects […]

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