The world's largest retailer sees shares pop as it expects e-commerce sales to grow 40% in FY19.
Wal-Mart shares hit 52-week highs Tuesday, but traders will be looking for consolidation over the coming sessions.
Wal-Mart stock could rally to new highs in 2018 while Amazon works off overbought readings and deals with political headwinds.
Wal-Mart's new simplified returns process marks the latest in a series product launches aimed at fighting off rising competition from Amazon.
In the first week that Amazon owned Whole Foods Market, price cuts were able to lure a lot of customers away from competitors.
No companies are completely recession proof, but some industries perform better in a weak economy than others.
The retail giant is eager to do whatever it takes to make life easier for shoppers as it seeks to claw back market share from Amazon.
Turns out Costco has the lowest prices and the speediest shipping, according to BMO Capital Markets.
Whole Foods has lowered prices on over 400 items, leading to a 25 percent uptick in foot traffic.
A period of heightened investment is expected to drag on growth as Kroger wards off new competition.