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Why Wal-Mart Is Investing In Shipping: JPMorgan Explains
Thursday, May 14, 2015 - 2:46pm | 389Wal-Mart Stores, Inc. (NYSE: WMT) announced recently that it is rolling out a free shipping service similar to Amazon.com, Inc. (NASDAQ: AMZN)'s Amazon Prime service, but at a price of $50 per year, which is almost half of what Amazon charges. Chris Horvers, JPMorgan Chase senior analyst,...