I didn’t see a lot of positives in this story while I was reading. I understand the need to appeal to wealthier customers and e-commerce is, without a doubt, a growing market which we have to adapt to. On the other hand I see a lot of Walmart’s resources (not to mention a lot of money) being put into Jet in the near future. Amazon is a vet of online sales and all of its infrastructure and knowledge are targeted at doing that kind of business. I just don’t see the possibility of us taking them on. Maybe we should stick to doing what we do best.
https://money.cnn.com/2018/09/13/news/companies/jet-jet-com-walmart/index.html