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I heard about this on NPR. My thought is that most new businesses never go beyond a couple of people. I think many of them are related to local services, such

by redm 9y ago

I heard about this on NPR. My thought is that most new businesses never go beyond a couple of people. I think many of them are related to local services, such as realtors, small shops, and services. The Internet's allows a relatively small team to reach and impact a lot of people. We see new industries disrupted all the time. These industries have real small businesses that are impacted. Just as Walmart put small retailers in a bind, Amazon is going to put Walmart in a difficult spot. IMHO.

sharemywin 9y ago
Wal-Mart earnings top Street estimates as retailer's digital sales jump 63% Here's what the company reported vs. what the Street was expecting: Earnings per share: $1.00, excluding items, vs. expectations for 96 cents, according to Thomson Reuters analysts. Revenue: $117.5 billion vs. a forecast for $117.74 billion, analysts said. Same-store sales: 1.4 percent growth at U.S. stores http://www.cnbc.com/2017/05/18/walmart-reports-first-quarter-earnings.html http://www.cnbc.com/2017/05/18/walmart-reports-first-quarter... What does Amazon have that Walmart can't buy?