Wal-Mart Stores Inc. has a solution for retailers doing battle with Amazon.com Inc.: join forces to give shoppers an alternative.
The world’s biggest retailer is near a deal with Lord & Taylor that would give the department store dedicated space on walmart.com, according to a person familiar with the matter. Such an agreement would be the first step in creating an online mall that shoppers could access from Walmart’s website, this person said.
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