MIAMI, FL - AUGUST 18:  A Walmart store is seen on August 18, 2015 in Miami, Florida. Walmart announced today that earnings fell in the second quarter due to currency fluctuations and the retailer's investment in employee wages and training. (Photo by Joe Raedle/Getty Images) Walmart latest earnings report wasn’t pretty. Overall revenue growth came in at a tepid o.7% for the first half of the fiscal year. Their e-commerce sales grew 11.8%, but the total e-commerce market is tearing ahead at 15% quarterly growth, which means they’re actively losing that market. Oh, and they bought a massively unprofitable e-commerce vendor for $3.3 billion dollars to make… Read More

Source: News