Walmart just dealt a major blow to retail

Walmart is putting its nearly $18 billion cash hoard to good use this year, and how it’s spending it should absolutely scare the heck out of most other retailers.

Somewhat getting lost in the market’s maniacal focus on Walmart’s fourth quarter earnings miss on Thursday are two new aspects to the retailer that could help widen its competitive moat. While investors don’t seem to care much about them today (shares are down 6% post earnings), it could seriously alter Walmart’s future earnings…


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