Don’t expect the Google partnership to help Wal-Mart beat Amazon
Wal-Mart is hitting back at Amazon, hard. Emboldened by its recent acquisitions of Jet, Bonobos, Modcloth, and others, the retail behemoth has signaled that it is rebooting its e-commerce business to compete more effectively with "The Everything Store." The public equity markets have rewarded Wal-Mart for its strategic shift. Since the Jet deal closed...