Walmart is the largest company in the world by revenue (by far), at over 4.5X what Amazon pulls in. They have almost 5000 locations in the US and an extra 4000 worldwide.
They've spent the last few decades engaged in ruthless competition with small, local business, and for many, now represent the only game in town. They also have tons of exclusive arrangements with suppliers, logistics, and shipping.
I'm not a huge fan of Walmart, but they definitely are positioned to weather quite a few storms. There's no doubt that they've been slow to move to the online space, but when they really focus on it, I think we'll see a very interesting fight with them and Amazon.
Comments
That's a bit extreme.
Walmart is the largest company in the world by revenue (by far), at over 4.5X what Amazon pulls in. They have almost 5000 locations in the US and an extra 4000 worldwide.
They've spent the last few decades engaged in ruthless competition with small, local business, and for many, now represent the only game in town. They also have tons of exclusive arrangements with suppliers, logistics, and shipping.
I'm not a huge fan of Walmart, but they definitely are positioned to weather quite a few storms. There's no doubt that they've been slow to move to the online space, but when they really focus on it, I think we'll see a very interesting fight with them and Amazon.