The acquisition of the online retailer is the latest in a string of deals to bolster Wal-Mart's e-commerce strategy.
Comp sales were up at all Walmart's retail formats though analysts are wondering when sales growth will translate into earnings growth.
The retailer and automaker join a parade of U.S. companies that have been touting their commitment to domestic job creation.
Same-store sales were lower than analysts expected as food-price deflation continued to hit Wal-Mart's grocery business.
Four months after acquiring 5.9% of JD.com, Wal-Mart has become the third largest shareholder in the Chinese e-commerce company.
The closures include all 102 small-format Walmart Express stores, with the retailer choosing to focus on its Neighborhood Markets.
Sales in existing U.S. stores rose 1.5% in the third quarter, the fifth straight quarter of growth.
The stock suffers its worst fall since February 2000 as the retailer issues a gloomy outlook for 2017 that underscores investor concerns.
The retailer says it is aligning home office staff with its priorities of growing e-commerce sales and improving the shopping experience at its stores.
The giant retailer is launching a new strategy, emphasizing e-commerce and the customer experience, says CFO Charles Holley.
After less than a year on the job, the former Wal-Mart exec announces her departure from the pharmacy benefit manager.
Two-to-three week delays in moving cargo containers out of the port could cause problems for major retailers that are stocking up for the holidays.
