Re:Confirmed: Walmart buys Jet.com for $3B in cash
by chaostheory on Monday August 08, 2016 @10:58PM
(#12252292)
That's actually what I was discussing. Walmart does have the reputation for being cheap; too cheap at the expense of everything else (parking lot safety is just one example out of many). Market research has shown time and time again that they just can't win certain high income demographics (even after making major changes), which is just another reason that Costco, Target, and Amazon thrive and why I feel that this was a good buy for Walmart.
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