Wal-Mart will invest at least $1.2 billion in e-commerce next year

http://www.internetretailer.com/2014/10/16/wal-mart-will-invest-least-12-billion-e-commerce

The projected investment for its coming fiscal year could reach as high as $1.5 billion, up from $1.0 billion this year, Wal-Mart executives say. Part of the spending will fund the construction of new fulfillment centers for online orders.