One of the most iconic retail titans in the market, Walmart (WMT), is generally perceived to be among the safest and most defensive retailers. Over many decades this has proven to be true. However, the rise of competition in the e-commerce space, led by Amazon, has shifted investors' focus toward where the future of retail is long-term. Digital retail has become the retail most investors are concerned with right now. As mainly a physical bricks-and-mortar retailer, Walmart has had a lot of catching up to do, which is what it's been doing. Walmart has stepped up to the plate and hit some big home runs in the e-commerce race.
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