FUNDAMENTALS, INVESTING, MARKETS/ECONOMY, STOCKS, TECHNICALS

Should You? Wal-Mart?

NOVEMBER 16, 2019. You need socks and stocks. You don’t wanna pay. Is Wal-Mart your way? Yes socks and maybe stocks. Back in the day there was Y2K. While others worried over the end of the world Wal-Mart was thinking groceries, and an even bigger future. Netflix was new and busy over a predictive algorithm. VHS yet clattered on and trash-strewn cable snorted and roared and robbed everybody every night.
Meanwhile Wal-Mart thought about–right again, groceries, and a blue heaven of fabulous sprawling one-stop shopping, the way mother never did it.
Simultaneously Thomas Jefferson–oops, Jeff Bezos, was laboring like some mad troll out in the mists of Seattle. Jeff was re-envisioning America. Let’s face it. Americans are professionals, at shopping, and doing so from home has always been the inevitable American Dream.
Straight out of Jeff’s bubbling cooker popped Marc Lore, freshly resentful and bent with intent. Burning hot in Hoboken Marc sharpened a savage scheme to gut-punch Bezos. Lore promptly began Jet.com behind the clever refinement of even lower online prices, driven by efficiency and extreme cost cutting, mostly on a new shipping configuration. Customers could save if willing to wait, bundle purchases, and select vendors within the same region. Big surprise. Wal-Mart noticed and popped out their Wal-let.
Jet.com’s now part of Wal-Mart’s fast growing e-commerce push, and again–Fa King groceries, are the center of all that. And after we remind you that Sam Walton’s Wal-Mart was begun in ’62 in the harboring Ozarks, Rogers Arkansas, not Bentonville, you’ll have heard the roots of modern American Retail. “Should You? Wal-Mart?”

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