Re:Leaked Walmart memo reveals competitive threats
by cptskippy on Sunday June 06, 2021 @03:25PM
(#27415569)
I wouldn't say Amazon is doing the exact same as Walmart. Walmart never attacked the long tail of retail, the specialist shops where people talk to the retailer for advice or guidance on purchases. Walmart never offered these products.
That's where Amazon hits, once a customer knows what to buy they can find it on Amazon.
Also note - Amazon is doing the exact same thing to any remaining small retailers, squeezing suppliers like crazy and intensifying the brands selling exclusively from overseas (also destroying brand reputations as fakes are absolutely rife).
Also doesn't help that the middle class has dwindled and anyone caught below the "capital gains" economic apartheid line doesn't have money anymore so even if they wanted to buy local they couldn't.