The Epic Battle: Walmart Vs. Amazon

November 3, 2016

Great article in Forbes.  I think everyone saw this coming.  The prediction is that by 2020 that Amazon will surpass Walmart as the worlds' largest retailer.  But its much bigger than that.  Walmart has to decide if it can even compete.  Just buying Jet.com for $3B is not going to be enough.  Unless they hand over the entire web business to them, that purchase was about probably -- in my humble opinion -- about $2.5B more than it was worth.  Great job Mark Lore!  Wow, haven't seen someone turn $400M into $2.5B in such a short time.  That's like hitting a 4-team parlay 4 weeks in a row!  Let the battle begin!

Read Article at Forbes.com

The Battle Between Walmart And Amazon Will Be Epic

 

 

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November 3, 2016

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