It's the answer to Amazon Prime's two-day shipping. The company decided after the sale it would become an annual event.In May, Walmart Stores trimmed its free-shipping pilot program ShippingPass to two-day delivery from three and cut a dollar off the membership price to $49. Walmart's U.S. business was a little better but still disappointing. Walmart to sell China online unit to JD.com Walmart Stores Inc said on Monday it plans to sell its Chinese e-commerce business Yihaodian to Chinese online retailer JD.com Inc for a 5% equity stake in JD.com, a strategic alliance that aims to expand WalMart's reach in China to more customers. These discounts, or what Walmart calls "rollbacks,'' typically last 90 days or longer.Walmart's moves come as Amazon is expected to launch for the second year a sales bonanza called Prime Day, which it has touted as bigger than " Black Friday .''

Source: Times of India June 29, 2016 16:30 UTC