The New Retail Wars?
Traders Magazine, January 2000
Is Wal-Mart Stores Inc. (NYSE:WMT) going to let the wrecking ball loose on web-based retailers?
That's the prospect facing several publicly-traded dotcom retailers and other e-retailers planning IPOs. The reason: Wal-Mart's decision to spin off its dotcom component into an independent company. An IPO is expected before year's end.
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