WALL ST. CHEAT SHEET – While Wal-Mart (NYSE:WMT) is, for most, the personification of the brick-and-mortar retailer, the company has been making plans to change that perception, and in the process, redefine the relationship between shopping on the internet and shopping in the store. Wal-Mart, as most physical retailers, are facing the growing frustration of feeling like a “showroom” for products that people will simply then purchase on line at sites like Amazon (NASDAQ:AMZN) – who even has a price-checking app that will allow you to simply go ahead and order the item from your smartphone.
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Feb 09, 12 11:54AM
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