Walmart losing $1 billion

And that just shows the pure laziness of society these days. Call me old fashioned if you like, but ESPECIALLY where groceries are involved, I like to inspect the merchandise before I buy it.

 

In many stores, it's already at least halfway to that point now

 

Roses stores are scattered in random parts of the country, though many of those have fallen too. The one in my hometown closed down a couple of years ago, in Murfreesboro, TN

 

Walmart koolaid drinkers are hilarious.....if walmart is doing so well..then why have they been closing stores in droves?..also this..

3 Reasons Warren Buffett Is Dumping Walmart Stock

Buffet doesn't dump stock in companies he sees doing well..

 

Well Amazon is literally eating up every area that Walmart was dominating for like 50 years. But Amazon has caught and surpassed Walmart in about 20 years. That's fast. Its forced Walmart to stop resting on their laurels of biggest retailer.

 

then why is wm still #1. amazon lost 3 billion last year on e commerce.

 

Did they lose it or show a loss vs expenses from reinvestment? I don't know because I haven't looked into it for a few years now but Amazon has pretty steadily shown a loss but that was to due to how much they were spending on growing the company. Planes, trailers, etc add up really quick. This is in no way defending them because I think they are terrible but I don't think they are "losing" money.

 

i have no idea. i just know that both companies are doing great. wm is doing great on the in store experience and amazon is doing great a online.

 

You will soon see ready made families for sale on Amazon.

2 options.

Plug and play or one you have to put together.


What I mean is as we become more heavily tech based Amazon will come out as winner.

Walmart crowd and you can tell are not the type to order things online.