The beast of Bentonville battles Amazon, the king of the e-commerce jungle -

The beast of Bentonville battles Amazon, the king of the e-commerce jungle

Credit: economist.com

  • Dec 07 2017 18:15About: 3 days ago
  • 7 views

A BOA constrictor swallowing capitalism. A cyclone dragging the economy into its vortex. If you look back at how people described Walmart a decade ago, it is eerily similar to how Amazon is viewed now. The supermarket chain has “a scale of economic power we haven’t encountered before”, warned “The Walmart Effect”, a best selling book in 2006. But capitalism never stands still. The world’s largest company by sales is now the perceived underdog in an escalating grocery war with Amazon to fill 320m American bellies. The struggle will probably end in a messy stalemate. That will mean mediocre returns for investors—and happy days for consumers.

Just when Walmart’s aura was at its most intimidating, in 2006, stagnation beckoned. Its reputation for bullying its suppliers and staff became toxic. Over the next decade it hit saturation point. About 95% of Americans shop at Walmart at least once a year. It has three square feet of shop space for every adult in the country and has sunk...Continue reading

Follow Us on Twitter

constrictor swallowing capitalism. cyclone dragging economy into vortex. look back people described Walmart decade ago eerily similar Amazon viewed now. supermarket chain “a scale economic power haven’t encountered before” warned “The Effect” best selling book 2006. capitalism never stands still. world’s largest company sales perceived underdog escalating grocery with fill 320m American bellies. struggle will probably messy stalemate. That mean mediocre returns investors—and happy days consumers.Just when Walmart’s aura most intimidating 2006 stagnation beckoned. reputation bullying suppliers staff became toxic. Over next saturation point. About Americans shop least once year. three square feet space every adult country sunk...Continue reading

Related stories with The beast of Bentonville battles Amazon, the king of the e-commerce jungle

Western companies are getting creative with their Chinese names -World News
Western companies are getting creative with their Chinese names 3 days ago
MCDONALD’S drew ridicule in China when it changed its registered name there to Jingongmen, or “Golden Arches”, in October, after it was sold to a Chinese consortium. Some on Weibo, a microblogging site, thought it sounded old-fashioned and awkward,
York police release video of male suspect beating man in illegal Richmond Hill gambling den -World News
York police release video of male suspect beating man in illegal Richmond Hill gambling den 3 days ago
Investigators with the York Regional Police #2 District Criminal Investigations Bureau are seeking a suspect and have released surveillance video of an assault that took place at an illegal gaming den in the Town of Richmond Hill. On Friday, June 9, 201
Time to Pull the Christmas Crapper! Excited Girl Makes Joyful Mispronouncement -World News
Time to Pull the Christmas Crapper! Excited Girl Makes Joyful Mispronouncement 3 days ago
A young girl from London, excited for the festive season to begin, wants to get into the Christmas crackers early – and her father is obviously delighted by her slightly off-the-mark recollection of what they’re called in this December 3 video
New Black Panther Poster Assembles the Kingdom of Wakanda -World News
New Black Panther Poster Assembles the Kingdom of Wakanda 3 days ago
The next film from Marvel Studios debuts February 16 The post New Black Panther Poster Assembles the Kingdom of Wakanda appeared first on ComingSoon.net.
Egencia Is Looking for Scale in Mergers and Acquisitions, Not New Geographies -World News
Egencia Is Looking for Scale in Mergers and Acquisitions, Not New Geographies 3 days ago
Expedia has been talking for a couple of years about being opportunistic when it comes to mergers and acquisitions for its Egencia business travel unit. That may be on the back burner for awhile, though, as the parent company, which has been bogged down i
Uber's licence suspended in British city of Sheffield -World News
Uber's licence suspended in British city of Sheffield 3 days ago
LONDON (Reuters) - Uber's licence to operate in the northern English city of Sheffield was suspended last Friday after it failed to respond to requests about the management of its taxi app, the local authority said.
What is Rinspeed? These are their craziest concept cars -World News
What is Rinspeed? These are their craziest concept cars 3 days ago
Features 7 Dec, 2017 Rinspeed makes some of the most bizarre and inspired automotive creations on the planet. Here's some of the best
How the Republican tax bill compares with previous reforms -World News
How the Republican tax bill compares with previous reforms 3 days ago
REPUBLICANS like to say that their tax bill, which passed the Senate on December 2nd, is the first tax reform since 1986. President Donald Trump likes to call it the biggest tax cut in history. Mr Trump’s claim is easily disproved (see chart). Yet the c
The biggest undoing of federal land protection in American history -World News
The biggest undoing of federal land protection in American history 3 days ago
Not so monumentalIN THE sere wilderness of southern Utah, green highlands retain and filter water from storms, providing sustenance for plants, animals and people. The Navajo, who lived in the region long before Europeans set foot on the continent, refer
Was Donald Trump’s campaign too chaotic to pull off a conspiracy? -World News
Was Donald Trump’s campaign too chaotic to pull off a conspiracy? 3 days ago
AMID the spicy anecdotes, superficial insights, sycophancy, score-settling and casual loutishness displayed in a new memoir of Donald Trump’s election campaign, “Let Trump be Trump”, by Corey Lewandowski and David Bossie, the two essential character
Conor McGregor Shows Rita Ora Love at the Club After 'Date Night'  -World News
Conor McGregor Shows Rita Ora Love at the Club After 'Date Night' 3 days ago
Conor McGregor gave Rita Ora a shout-out while he was out clubbin', doubling down on their "date night."
The Pour: Wines That Resound in Memory -World News
The Pour: Wines That Resound in Memory 3 days ago
These are not necessarily the 10 best bottles of 2017, but they are the most memorable.