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Walmart/ Litecoin: halfway around the world

Summary:
Retail & Consumer industry updatesSign up to myFT Daily Digest to be the first to know about Retail & Consumer industry news. A few short moments ago at 2:30pm UK time, news landed at Reuters, Yahoo Finance, CNBC and Globe News Wire that Walmart is entering into a partnership with Litecoin.From the press release:Walmart Inc. (NYSE: WMT), the No. 1 U.S. retailer and world’s largest grocer, is pleased to announce a major partnership with Litecoin. The eCommerce giant intends to give its millions of shoppers across the world an opportunity to seamlessly make payments with cryptocurrencies.Bullish for Litecoin right? Well, we’re not quite sure. First, because the press release has not appeared on either Walmart’s website, nor in the form of an 8-K on its SEC page. Second,

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Retail & Consumer industry updates

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