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Amazon is Walmart 2.0. For over a decade shopping at Walmart was frowned upon by many in the US, criticized for enabling the corporate destruction of mom-and-p
by pengaru 1y ago
Amazon is Walmart 2.0. For over a decade shopping at Walmart was frowned upon by many in the US, criticized for enabling the corporate destruction of mom-and-pop retail. It had little effect beyond virtue signaling to your peers.
All the while those same people had Amazon boxes cluttering their homes.
And if you look at the Fortune 500 list, the succession is nearly complete; Amazon is #2 just behind Walmart: https://en.wikipedia.org/wiki/Fortune_500#Overview https://en.wikipedia.org/wiki/Fortune_500#Overview
The consolidation cycle continues relentlessly - the interesting question is what does Walmart 3.0 look like? Aliexpress?