Walmart sees e-commerce gains as it battles Amazon.com, retail changes

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It’s not completely Amazon.com’s world just yet. Wal-Mart Stores Inc. beat earnings projections this morning as its e-commerce grew more than 60 percent and same-store sales improved. “Comp store sales grew 1.4 percent and comp store traffic improved 1.5 percent,” said Wal-Mart President and CEO Doug McMillon in the earnings call. Walmart is one of Arizona largest employers and has a regional headquarters in Phoenix. Investors and retail analysts looked at Walmart’s e-commerce growth...

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