business news in context, analysis with attitude

• The Wall Street Journal reports that Walmart "plans to focus e-commerce work this year on expanding its online grocery business and the number of products available at its website overall ... Wal-Mart has been working on a massive technology overhaul of everything from its website and mobile apps to backend transaction systems and fulfillment centers since 2012 and expects to spend $2 billion on e-commerce work in the next two years. The goal is to keep pace with customers who increasingly shop across channels."
KC's View:
And, of course, keep pace with Amazon.