Thread regarding Amazon.com layoffs

Market share battle

One of the hottest fights happening right now is the fight between Walmat+ and Amazon Prime. Now it appears Walmart is closing the gap with Amazon Prime at least when it comes to some of the profitable customers.

According to Bloomberg, 28% of American households that make over $150,000 a year now subscribe to Walmart+, up from just 13% one year ago. Well, this is closing the gap with Amazon Prime Walmart still has a long way to go.

Right now, when looking at American households who make at least $150,000 a year, 77% of them subscribe to Amazon Prime. That is up from 70% one year ago.

Full article at: >https://cordcuttersnews.com/walmart-is-closing-the-gap-with-amazon-prime/?amp=1

Why does it seem to me that our leadership is not concerned about this?

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| 972 views | | 1 reply (March 14, 2023) | Reply
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Shipping discount products online is a failed business model. If you don't include ads, is retail making any profit? Leave the retail dumpster fire and focus on pure tech. Feds will likely pour more money into Amazon as well.

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