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Wal-Mart Cuts Profit Forecast As It Gears Up E-Commerce

By Veronica Smith Washington (AFP) – Wal-Mart Stores lowered its 2014 profit outlook Thursday as it turns toward online sales amid weakness in its key U.S. market, still struggling with a fragile economy. The world’s largest retailer posted a slight profit rise and better-than-expected sales for the second quarter, which ended July 31. Wal-Mart cut […]

August 14, 2014