I don’t know if you guys have been watching this play out…but it is simply fascinating.
“Wal-Mart” and “Amazon” are in an all-out, no-holes-barred, war to see who will ultimately have online, retail dominance. While Amazon still is no where close to Wal-Mart in terms of profitability…they are way ahead of them in terms of online infrastructure and distribution.
But Wal-Mart is catching up with it’s aggressive on-line acquisitions.
Why “Nuclear War”? While we as consumers are benefiting (in terms of cost)…retailers are being blown away by the blast caused by these two. (When I was growing up, I never could have perceived names like Sears and, JC Penny…or that whole sectors like Book Stores and Record Stores would go the way of the Mastodon in less than a Generation).
One last thing before I get you guys thoughts…while Wal-Mart is the retailer the World “Loves to Hate”…they are some aggressive Som’ Bitches who don’t wait for the fight to come to them. (Just went there this morning for batteries…which were more than half of what they were at my local grocer). And at least 90% of most of my shopping now (besides grocery) occurs on Amazon.
(And let the “Wal-Mart Hate” begin!)