The retail industry is undergoing another major shift -- to e-commerce. Photo: Associated PressOver the last six months, Walmart was richly rewarded by shareholders for its apparent success at competing head-to-head with Amazon.com. On Tuesday, it showed signs of falling behind. After three quarters of at least 50% e-commerce sales growth, Walmart reported that e-commerce revenue in the fourth quarter grew just 23%. Investors changed their minds on Walmart, sending its shares down nearly 10%.

Source: Wall Street Journal February 20, 2018 18:11 UTC