Last week, Wal-Mart Stores Inc. announced that it’s preparing to ramp up its Internet efforts by cutting a deal with Books-A-Million Inc. to supply and deliver books for its online store. This action has resurrected the legion of analysts, who have been howling in unison for months, predicting that the giant retailer will soon pulverize Amazon.com into oblivion. But, I for one, don’t think they’re right — even though I’m in the minority.
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Wal-Mart’s Halfway Measures No Match for Amazon.com
Posted by: Chet Dembeck July 8, 1999 12:00 AMLast week, Wal-Mart Stores Inc. announced that it’s preparing to ramp up its Internet efforts by cutting a deal with Books-A-Million Inc. to supply and deliver books for its online store. This action has resurrected the legion of analysts, who have been howling in unison for months, predicting that the giant retailer will soon pulverize Amazon.com into oblivion. But, I for one, don’t think they’re right — even though I’m in the minority.