Wal-Mart looks at online presence, Amazon considers offline stores

  • Amazon.com Inc. is going to have a significant brick-and-mortar presence. Perhaps it’ll be a new high-tech store created by Amazon wizardry, like Amazon Go grocery store. 
  • The company is slowly rolling out physical bookstores also. 
  • Amazon’s logic is straightforward: It wants to sell to consumers wherever consumers want to buy, and plenty of sales still happen in stores. 
  • Wal-Mart turned to the online threat posed by Amazon and others. It bought the fast-growing e-commerce startup Jet.com and also made a few small acquisitions — including ModCloth, MooseJaw and ShoeBuy. 
  • Wal-Mart may be building a portfolio of online brands, for which it could then conceivably control distribution — online, offline or both. Perhaps one day shoppers will be able to buy Bonobos, online men’s fashion retailer, in physical Wal-Mart stores, but not at any other store. 
Source: http://bit.ly/2ob54GP

 

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Yogesh Saini

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Yash Rathod

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1 thought on “Wal-Mart looks at online presence, Amazon considers offline stores”

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