Walmart earnings report is coming. Here's everything you need to know

for more than 200,000 items, though it didn't disclose exactly how much money it will be spending to do that. That was after Amazon on April 25 said it would be making free, one-day shipping a new perk for Prime members.

The biggest retailer in the world — headquartered in Bentonville, Arkansas — also has been on an acquisition spree to beef up its e-commerce business, buying companies ranging from Art.com to online lingerie retailer Bare Necessities. The company has said it's targeting e-commerce sales growth of 35% for this year, which won't be as robust as 2018.

Meantime, Walmart is still spending money on improving its supply chain, to make more of its stores capable of packing and delivering grocery orders placed via the internet. The company has said it's on track to offer pickup for online grocery orders at 3,100 stores, and same-day grocery delivery from 1,600 locations, by the end of the year.

$WMT $110.... THIS MORNING. My guess. They are trying to beat $AMZN. I do believe it. Go $WMT Go

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Source: CNBC - 🏆 12. / 72 Read more »