Equities

Reuters alone with data showing Wal-Mart closes in on Amazon in online price war

Reuters alone with data showing Wal-Mart closes in on Amazon in online price war

Reuters was alone with data showing Wal-Mart nearly matching Amazon.com’s low online prices for the first time just ahead of Black Friday and Cyber Monday, a key milestone in its effort to regain the “low price leader” title. Wal-Mart has aggressively invested in making its prices more competitive against brick-and-mortar rivals since the start of the year.