Oct 19, 2017

Walmart to enlist Lord & Taylor in war against Amazon

Wal-Mart employees walk past a sign in the lobby at the Walmart.com office in California. (Photo: Jeff Chiu / AP)

Walmart is nearing a deal with Lord & Taylor, which would give the department store a dedicated space on Walmart.com, reports the Wall Street Journal, citing an unnamed source who says that the move "would be the first step in creating an online mall that shoppers could access from Walmart's website."

Why it matters: Walmart has swiftly grown its online business in recent quarters, and has convinced investors that the firm has the will and the way to take on Amazon in the battle to dominate American e-commerce. Traditional retailers like Lord & Taylor have taken notice, and now see Walmart as a potential distribution partner in a world where customers are eschewing the shopping mall for the online retail experience.

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In photos: Protests over George Floyd's death grip Minneapolis

The Third Police Precinct burns in Minneapolis on Thursday night. Photo: Stephen Maturen/Getty Images

Demonstrators demanding justice burned a Minneapolis police station and took control of the streets around it last night, heaving wood onto the flames, kicking down poles with surveillance cameras and torching surrounding stores.

What's happening: The crowd was protesting the death of George Floyd, an unarmed black man whose life was snuffed out Tuesday by a white Minneapolis police officer who kneeled on his neck for about eight minutes.

Minneapolis mayor to Trump: “Weakness is pointing your finger” during a crisis

Minneapolis Mayor Jacob Frey fired back at President Trump on Friday, after the president accused the mayor of weak leadership amid violence sparked by the killing of an unarmed black man by a white police officer.

Driving the news: Trump made his accusations in a pair of tweets early Friday, saying he would bring the national guard into Minneapolis if Frey couldn't “bring the City under control.” 

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