Wal-Mart unveils tech incubator, Store No. 8 Wal-Mart Stores Inc. is creating a technology-startup incubator in Silicon Valley to identify changes that willreshape the retail experience, including virtual reality, autonomous vehicle and drone delivery and personalized shopping. The incubator will be called Store No. 8, a reference to a Wal-Mart location where the company experimented with new store layouts.(Bloomberg)
I like Walmart and Walmart.com, it's my favorite physical store (kind of ashamed to admit it though). I have had a more pleasant experience and overall satisfaction with Walmart, then Amazon Amazon kind of sometimes sells weird... brandless, packageless, default China stuff thrown into a packaging box....leaves you scratching your head what did I just order, and if it's a good, quality deal... I think I read recently somewhere...that Amazon products, out of all retailers, ranked the highest in cancer-causing chemicals.
Beyond the scope of trading, I know $WMT pretty well. McMillon is an experienced and very bright chap, a breath of fresh air for the Company. My take is, $WMT may not eat $AMZN's lunch, but McMillon will definitely keep them up at night. Don't be ashamed, there's a reason why $WMT has dominated retail. Thanks for your input lawrence...
walmart.com has all this stuff sold by third party sellers with either ridiculous prices or shipping charges. I only use it to buy in store pickup, but even then almost everytime I buy I have to get a new password. Finally I typed in F*^CKY***walmaet and it went right through.