Target, Walmart Must Ramp Up Online Initiatives to Take on Amazon

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Even the analysts at Goldman Sachs are no longer bullish on Walmart Stores Inc. shares, saying it could just be a matter of time before they're dethroned by Amazon. WalMartLabs continues to buy up companies to support its e-commerce initiative -- most recently, rolling out a tailored preferences option for online consumers meant to rival Amazon's offerings. However, dealmakers say other brick-and-mortar players, like Target, will have to do deals to catch up in the online arena, and that could include broader acquisitions -- like the one Nordstrom made for Trunk Club -- or specific products
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