Anonymous
Why else otherwise would you reveal your companies strategies then???
https://www.businessinsider.sg/walmart-ceo-reve...
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Nope it is because many online retailer are infringing into his low margin supermarket segment. Like the supermarket segment in Singapore, Walmart is positioned like the sheng shiong of Singapore, cheaper than fair price and operating on a very lean operational structure and ulu locations.
He is challenging amazon etc to view how much more margins they themselves can cut in their operational network to challenge Walmart as a low cost supermarket
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Kelly Trinh
22 Dec 2019
Backoffice technical at financial services firm
Going by share price movement, Amazon won by a huge margin hahaha...
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Amazon has some inherent benefits of scale and volume, plus lower operating costs too, it is known at Amazon is willing to bleed itself to win over its competitors!
Let's see how it goes!