VIDEO : Walmart May Become An Internet Shopping Mall

Lord & Taylor may soon become part of Walmart.com. A source told The Wall Street Journal that the department store is now in talks with the retail giant to become part of its online mall. Lord & Taylor's own website would continue to operate and it would retain control of its inventory for orders on both sites. Customers would be able to pick up and return Lord & Taylor orders at Walmart stores. The move is seen as part of a plan to turn Walmart.com into an online mall. It has already acquired Bonobos and Jet.com in efforts to compete with Amazon.