In recent columns I have discussed the significant impact that e-commerce has had on the retail sector: big boxes are shrinking. One just has to look at Best Buy. Once a category killer, it’s now a shadow of its former glory.

Now the biggest name of them all announces that is succumbing to the internet. Walmart Stores, the world’s largest retailer, announced last week it is slashing the number of the massive supercenters that it has on the drawing board, instead investing in e-commerce and smaller stores closer to home.

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