, Columnist
In Praise (Gasp!) of Walmart
The retail giant raised its expectations and may be getting its online act together.
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Kudos to Walmart.
Wait, what? I know, I don't give the world's largest retailer praise lightly. Over the years, I've belabored its slow-going approach to driving web sales. How it shrugged its shoulders as consumers shifted online and away from its cavernous supercenters. How it let Amazon have free rein over online commerce as it posted its first-ever annual revenue decline last year, and its dropped promise of steady profit growth as it figures out how to streamline its business. Even Warren Buffett -- once a staunch Walmart supporter -- has been dumping shares.