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Articles — e-commerce

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Wal-Mart works to close gap between itself and Amazon

Wal-Mart works to close gap between itself and Amazon

HOBOKEN -- Even after an online spending spree, it may be hard for Wal-Mart to escape the Amazon in the room. Wal-Mart's acquisition of Jet.com an...
N.J.-based Jet online retailer bought by Walmart for $3B

N.J.-based Jet online retailer bought by Walmart for $3B

Hoboken-based e-commerce retailer Jet.com has been sold to Walmart for $3 billion in cash. Walmart announced the deal Monday, adding it will throw ...