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Walmart Warns It Will 'Test A Lot, Fail A Lot' In Coming Years

Published on Oct 17 2018 1:49 PM in Retail tagged: Walmart / Amazon / USA / Flipkart / Doug McMillon / Paywall

Walmart Warns It Will 'Test A Lot, Fail A Lot' In Coming Years

Walmart, Inc.'s chief executive officer has urged investors to rethink the company's business, touting its various tech investments to grow online sales at a time when it is battling Amazon.com for market share.

The retailer also lowered its earnings forecast for the year and said that its e-commerce growth next year would be slower than in the current fiscal year, ending in January.

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