Walmart announces e-commerce expansion

 On Walmart's website is an article explaining their plans for e-commerce expansion.  Walmart plans to increase investments in e-commerce and digital initiatives to the tune of between $1.2 billion and $1.5 billion for this year.  They plan a decrease in square foot expansion due to increased e-commerce investments.

 Walmart spokesman realize that their business and customers  are evolving and plan  to slow physical growth and invest more in e-commerce initiatives.  They expect an increase in global  e-commerce sales of around  25% in 2016 and a growth of 30-40% in the years 2016-2018.

 New online fulfillment centers will be built in Gergia and Pennsylvania, Brazil and China.