3 ms·
this article is, at best, years too early. Walmart is the worlds largest retailer, and largest grocery retailer in the US. 55% of their 480b in revenue comes fr
by rgbrenner 9y ago
this article is, at best, years too early. Walmart is the worlds largest retailer, and largest grocery retailer in the US. 55% of their 480b in revenue comes from food, and their revenue from food is over twice that of Kroger (the #2 grocer).
Acquiring the #6 grocer doesnt change that.. And Amazon, even if you include 3rd party sellers, still has not reached 480b in revenue.
You cannot be the number two player and have a monopoly. That's not the way that works.
- AznHisoka 9y agoWhat about internet retailers? Amazon is practically the leader there with 90%? of all ecommerce sales.
- rgbrenner 9y ago43%: http://www.businessinsider.com/amazon-accounts-for-43-of-us-online-retail-sales-2017-2 http://www.businessinsider.com/amazon-accounts-for-43-of-us-... Which is a lot, but it would be hard to argue that consumers dont have choices, when the same goods are available in hundreds of other stores, both online and off.
- adamnemecek 9y agoAmazon is bigger by cap size.
- rgbrenner 9y agoand what does that have to do with whether a company is a monopoly or not?
- adamnemecek 9y ago> Walmart is the worlds largest retailer,