Very interesting article on Walmart’s evolving strategy wsj.com/articles/walma…
I have been very confused by what they were trying to do
It seemed to me the most important assets to leverage was the ubiquitous store base and logistics expertise
So what’s the new plan:
“Walmart wasn’t going to win by building an unprofitable e-commerce operation or other stand-alone ventures. Instead, its supercenters could be the heart of a web of businesses all working together to attract shoppers and drive profits.”
“Walmart wasn’t going to win by building an unprofitable e-commerce operation or other stand-alone ventures. Instead, its supercenters could be the heart of a web of businesses all working together to attract shoppers and drive profits.”
“Added warehouse and shipping capacity could be sold to third-party sellers, to allow more companies to easily sell their wares on Walmart.com.”
Feels like still not all in, but moving in that direction
Paring back and/or shutting down the goofy side projects and streaming is another positive step
