Walmart To Provide Glimpse Into How It Fared With Amazon

Walmart will provide an update as to how the retailer did against Amazon during the holiday shopping season when it reports fourth-quarter results. And while the retailer is expected to show profit margins that are the lowest in years, it’s also expected to report an increase in sales, reported The Financial Times. The report noted that even with government data released last week that showed U.S. retail sales declined the most during the month of December since 2009.