Walmart reports jump in 4Q profits on higher US sales
Walmart reported a jump in fourth-quarter profits behind strong sales in the US (AFP Photo/KEVORK DJANSEZIAN)/ New York (AFP) - Walmart reported a jump in fourth-quarter profits on Tuesday behind higher sales at US stores, although executives acknowledged they had yet to solve the profitability riddle of its fast-growing e-commerce business. The world's biggest retailer, which has been investing aggressively to adapt its US stores to the digital era by adding more in-store pickup and delivery of smartphone orders, reported profits of $3.7 ...
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