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Walmart, Jet.com Gear up For Fight With Amazon

Just over a year after Walmart spent more than $3 billion for the fast-growing online retailer Jet.com, it will launch a higher-end grocery line targeting Millennials. Amazon last month closed on its acquisition of Whole Foods, intensifying the competition among Walmart, Target, and other supermarkets as all of them fight to win a bigger slice of the grocery market.

 

Read the whole story at Associated Press »

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