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Right - this isn't new, basically everything you've said also applies to Walmart but twenty years ago.
by seem_2211 7y ago
Right - this isn't new, basically everything you've said also applies to Walmart but twenty years ago.
- save_ferris 7y agoI actually see those two as fairly different. Walmart perfected large-scale logistics and built a network of one-stop-shops across America, taking out small mom-and-pop shops along the way. Amazon set out to be the go-to online shopping platform largely by encouraging small mom-and-pop shops to sell through Amazon. Once the platform was big enough, it started making more sense for Amazon to cannibalize vendors instead of just continuing to let the market grow. Sure, both companies are large behemoths that do their part to decimate local economies and avoid paying taxes, but their strategies were pretty different, IMO.