Wal-Mart Stores Inc. wants to make a big pivot: instead of building more massive supercenters to drive growth, the retailer hopes to become an e-commerce powerhouse that draws more shoppers to existing stores. It is a fundamental shift for the world’s largest retailer that will require significant investment and weigh on profits. At an investor meeting Thursday, executives said Wal-Mart will open about half as many...

Source: Wall Street Journal October 06, 2016 12:34 UTC