Do they really think they can compete with Amazon?

As for dotcom, I think Walmart will wind up spending itself broke trying to catch Amazon. That new fancy home office they’re building will wind up being a memorial tombstone to a once great company.

This has been my main issue with Walmart in the past several years. So much is being put into online, so much that could be used in so many better ways. All in hopes of chasing something that is unattainable. There is no taking away online market share from Amazon. Everybody else will only see their portion shrink, including Walmart.

But instead on focusing on improving where we can - our brick and mortar - no, the focus shifts more and more to online. id--tic move.

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1.62%? Walmart used to make a 6%. I think this time last year it had a 3% didn’t it?

Where is the money going?

On $514.405B in total revenue Walmart profit margin is 1.62% which is $8.326 billion in profit. A far cry from $129 billion as stated by the one that knows nothing!

Shareholders want more money. More money is in online. Consumers will still shop gutted brick and mortar, while allocating hours to online. A small slice of Amazon's market is still more profitable than zero.

You store made so much in profits, we broke all records last quarter.

I do not think Amazon is our problem.

There is enough market, profit and customers for both Walmart and Amazon!

Amazon is just an excuse, a cover story for Wall Street and Executive sociopathy.

Walmart sells $500 billion per year. Amazon sells $250 billion per year. But, 60% of those Amazon sales are third parties, so Amazon really sells only $100 billion per year. Versus Walmart's $500 billion.

And a bunch of that 60% third party sales is from drop shippers and resellers who get their product from... Walmart, Target, etc.

The real story is that the sociopaths on Wall Street demand non-stop, compound earnings growth. And the sociopaths in the executive suite are desperate to satisfy that demand. The problem is that there just is not enough organic demand to support all the retail businesses having non-stop compound earnings growth.

Amazon is just an excuse.

Walmart is definitely in decline. Especially, Walmart benefits. There is no true incentive to work there anymore.

svk, that's if I believe those numbers, and I do not.

Yes, I agree with OP on this: spend $$ on re tooling and improving what you already have. The car needs repaired, not replaced.

Walmart made $129B in profit the last 12 months. Amazon half that, and much of that isn't retail related at all.

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Do they really think they can compete with Amazon?

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