New Walmart ecommerce CEO Marc Lore and Walmart CEO Doug McMillon at the investor meeting

New Walmart e-commerce CEO Marc Lore and Walmart CEO Doug McMillon at the investor meeting.

Meet the Cyber Sam Walton

The new head of Wal-Mart Stores' e-commerce business was introduced this week as a kind of Cyber Sam Walton, whose innovative approach to the online shopping trip will pioneer what CEO Doug McMillon termed "EDLP 2.0."

Marc Lore, who was named CEO of e-commerce at Walmart when the retailer acquired his Jet.com business for $3.3 billion less than a month ago, was short on the specifics of how he would transform Walmart's considerable but relatively lagging e-commerce

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