Here's What's Really Hurting Walmart

  Once upon a time, Wal-Mart was the “little China” of the traditional US retail industry. Its superstores, staffed with cheap labor, overwhelmed neighborhood stores, which began to close their doors the one after the other. Then came Amazon.com, the “little China” of on-line retailing and mobile Internet, which turned Wal-Mart into Amazon’s front store. Consumers could now do comparison-shopping at Wal-Mart, and place their orders with Amazon. That have certainly hurt Wal-Mart’s to...