【公众号】铁蛋英语 【微博】铁蛋儿TylerARTICLEWalmart (WMT) shares got crushed Friday following news that Amazon (AMZN) isaggressively moving into the grocery store business by scooping up Whole Foods.But while the online giant Amazon has been expanding its physical footprint, brick-and-mortar giant Walmart has been ramping up its own e-commerce business to compete. According to UBS analysts, Walmart.com’s stock keeping units (SKUs) have increased to around 50 million today from around 10 million a year ago.In fact, Walmart on Friday announced that it is buying Bonobos, a menswear brand built on the internet, for $310 million in cash. This is Walmart’s latest effort to expedite its digitaltransformation. Walmart has been selling online since 1999, and now is America’s third-largest e-commerce retailer, according to eMarketer. But Walmart’s online sales of $14.4 billion last year are still a far cry from Amazon’s $94.7 billion.https://www.yahoo.com/news/amazon-eclipsing-walmarts-best-efforts-dominate-e-commerce-134625553.htmlCULTURE- Walmart is a very controversial company in America because he has taken away so many jobs for American's. Many people refuse to shop there, even though it is super cheap.HOMEWORK- What supermarket do you shop at in China? Why?
No persons identified in this episode.
This episode hasn't been transcribed yet
Help us prioritize this episode for transcription by upvoting it.
Popular episodes get transcribed faster
Other recent transcribed episodes
Transcribed and ready to explore now
Trump $82 Million Bond Spree, Brazil Tariffs 'Too High,' More
16 Nov 2025
Bloomberg News Now
Ex-Fed Gov Resigned After Rules Violations, Trump Buys $82 Mil of Bonds, More
16 Nov 2025
Bloomberg News Now
THIS TRUMP INTERVIEW WAS INSANE!
16 Nov 2025
HasanAbi
Epstein Emails and Trump's Alleged Involvement
15 Nov 2025
Conspiracy Theories Exploring The Unseen
New Epstein Emails Directly Implicate Trump - H3 Show #211
15 Nov 2025
H3 Podcast
Trump Humiliates Himself on FOX as They Call Him Out
15 Nov 2025
IHIP News