Amazon surpasses Walmart as most valuable retailer in. the. WORRLLLLD.

sean miguel

sean miguel

WASHINGTON, July 25 (UPI) -- Amazon is now the most valuable retailer in the world after earning a surprising $92 million profit on its second quarter earnings report.

The 20-year-old e-commerce giant's market value zoomed past Walmart's late Thursday. Amazon is now worth $250 billion, while its longtime competitor is at a bit more than $230 billion, according to reports.
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http://www.upi.com/Business_News/20...mart-as-most-valuable-retailer/8931437830467/


Ron Burgundy here has a theory as to why:


Really? Sex toys? pfffft.

Hold on ... there's someone at the door.
 
D

D-rock

Harley Spencer said:
Amazon doesn't have to pay rent for tons of buildings, and doesn't have to pay thousands of employees, so yeah, I can see that. Far fewer expenses, delivery to your home, convenience of online shopping for the entire world, with perhaps exception to maybe a few lesser developed countries.
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About the only disadvantage is the shipping cost for every little purchase. It adds up. I suspect for common goods Walmart is still much better.

Then again it's not like the cost of gas for driving to Walmart is that cheap anymore either. I can also find things online that would be almost impossible to get anyway else where I live.

Both companies have aspects I dislike very much about them, but I shop at both due to little reasonable alternative much of the time.
 
Antonella Kahllo

Antonella Kahllo

Official Checked Star Member
I love shopping at Amazon in the comfort of my home. :)
 
Harley Spencer

Harley Spencer

Official Checked Star Member
D-rock said:
About the only disadvantage is the shipping cost for every little purchase. It adds up. I suspect for common goods Walmart is still much better.

Then again it's not like the cost of gas for driving to Walmart is that cheap anymore either. I can also find things online that would be almost impossible to get anyway else where I live.

Both companies have aspects I dislike very much about them, but I shop at both due to little reasonable alternative much of the time.
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That's why I love eBay :) Free shipping on so many things! It may take forever for the super cheap items to get here when I buy them from China, but those prices can't be beat.
 
ChuckFaze

ChuckFaze

Closed Account
I'm old school. I don't like buying ANYTHING on the Net.
I can count on 3 fingers the number of things I've bought on the Internet.
A Modem from the Walmart website and 2 Flash Drives from Amazon. And the 2 Flash Drives were only because I had won an Amazon Gift Card in a contest.

I prefer a Brick & Mortar place so that in case something goes wrong, I have a solid place nearby to where I can go complain. :cussing: I don't care to be fighting via phone or e-mail. I want to if need be, be able to immediately take the lemon piece of shit product to the store and get a replacement or my money back.
 
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