Will Walmart's E-tail Acquisitions Buy It Happiness?

"Wal-Mart spent years in the e-commerce doldrums as Amazon steadily continued its retail incursion and rivals pivoted to meet the challenge. All that changed last summer when the retail giant changed course with its $3.3 billion acquisition of Amazon agitator Jet.com."
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Beginning with its $3.3 billion buyout of Jet.com, which also brought it visionary founder Marc Lore, Walmart has been on an e-tail acquisition tear, sending online sales up 63 percent last quarter. But it may be risking its core business in the process.

"Wal-Mart spent years in the e-commerce doldrums as Amazon steadily continued its retail incursion and rivals pivoted to meet the challenge. All that changed last summer when the retail giant changed course with its $3.3 billion acquisition of Amazon agitator Jet.com."

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