Walmart Expects Profits In Its US E-Commerce Business Within Two Years

Walmart Expects Profits In Its US E-Commerce Business Within Two Years

(Bloomberg) -- Walmart Inc. said it expects to generate profits in its US e-commerce business within the next two years. The Bentonville, Arkansas-based retailer is working toward e-commerce profitability in a year or two, including its advertising and consumer data business, Chief Financial Officer John David Rainey said during a question-and-answer session with analysts on Friday as part of its annual shareholder week.  Sam’s Club, the company…