Thread regarding Walmart layoffs

Who's crying over this. Not me.

https://kvoa.com/news/top-stories/2021/08/18/amazon-surpasses-walmart-as-largest-retailer-thanks-to-pandemic-sales/

TL;DR When you hear "largest retailer," don't think of the house that Sam Walton built anymore.

Amazon has surpassed Walmart for that title.

It's something analysts expected for some time, but an increased reliance on e-commerce during the pandemic accelerated the rise of Jeff Bezos' baby.

According to wall street estimates compiled by the financial research Firm Factset, Amazon took in more than $610 billion over the past 12 months while Walmart took in $566 billion.

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Post ID: @OP+1cprEkvM

6 replies (most recent on top)

Our stores look baaaaad right now. Furner should be fired!

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Post ID: @Nhzh+1cprEkvM

One the pandemic sales are over. The reality of the worse move the company ever made with "teaming" will finally emerge. 26 years and I have never seen stores look so bad.

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Post ID: @6hjt+1cprEkvM

Amazon is product to warehouse to customer’s front door. Pretty hard to resist the convenience factor there.

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Post ID: @2vmr+1cprEkvM

I knew that was coming; Walmart should've bought them years ago. They were busy missing the mark.

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Post ID: @2hrq+1cprEkvM

Amazon is opening their own department stores now. I love it !

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Post ID: @2bwk+1cprEkvM

O well.. you lose some and win some

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Post ID: @1ref+1cprEkvM

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