Amazon CEO Jeff Bezos seems to know exactly what he wants to do. He’s taking a gamble. And he’s betting American consumers can be sorted into two basic camps: people who shop at Walmart and people who shop via Amazon.
The thing is there are a lot of people who really, really like Walmart. They love that the store is big, has everything they need, and above all, is inexpensive.
You can’t blame anybody for liking that low prices are really what made Walmart what it is today.
About the Author