Wal-Mart plans bigger e-commerce shift, tempers profit view

Wal-Mart Stores Inc said it plans to focus heavily on its e-commerce operations on Thursday and warned investors that the cost of the long-term plan would weigh on earnings over the next two years. The strategy by the world's biggest bricks-and-mortar retailer, which includes slowing the pace of new store openings, is centered on cracking the dominance of Amazon.com Inc in online retailing and face off against other rivals like Target . Wal-Mart's shares were down 2.9 percent in afternoon tradin