This Big-Box Retailer Just Upped Its Fashion Game

At first glance, Walmart (NYSE: WMT) reads like a dominating force in retail. In a recently leaked memo, Walmart executives expressed concern over the fact that competition from online giants like Amazon (NASDAQ: AMZN) and other big-box stores would take customers away in the coming years. Walmart is set to acquire Zeekit, a virtual fitting room service that caters to consumers who shop for clothing online.