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Walmart Spends $16 Billion to Buy Part of Flipkart, Sears Prepares for the End

Talk about two different retail stories. Walmart is spending $16 billion to buy part of India's Flipkart. Meanwhile, Sears' annual meeting Wednesday may be its last.

Retail will be on everyone's minds on Wednesday. 

Walmart (WMT) - Get Walmart Inc. Report has decided to plop down $16 billion to buy India's Flipkart. Talk about a big bet. Meanwhile, Sears (SHLD) prepares for what could be its final annual shareholder meeting. 

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