Walmart latest earnings report wasn’t pretty. Overall revenue growth came in at a tepid o.7% for the first half of the fiscal year. Their e-commerce sales grew 11.8%, but the total e-commerce market is tearing ahead at 15% quarterly growth, which means they’re actively losing that market. Oh, and they bought a massively unprofitable e-commerce vendor for $3.3 billion dollars to make… Read More
from Amazon – TechCrunch https://techcrunch.com/2016/09/08/to-compete-against-amazon-walmart-should-cut-itself-in-half/?ncid=rss
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