Wednesday, July 9, 2014

WMT - Walmart, Going, going, gone.

Walmart is in trouble in this dynamic global market.  It is struggling on its uphill battle of online shopping and believe it or not, the revival of US manufacturing.  

Walmart's aggressive pricing strategy is based on selling tons of cheap products. These cheap products are getting more expensive to sell in the stores, and the average consumer has the easy knowledge of scoping out the market online while shopping.  Things are not getting easier for Walmart.  Having such large stores with footprints to fill could be a huge self-inflicted wound that can't be fixed.  

I recommend you stay away from Walmart in the long run.  Profitability will be a huge issue in the next couple years.  

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I am writing this blog as a hobby and to share my projects in electronics, programming, and engineering.