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by dkobran 2017 days ago
I don’t disagree that Walmart is making strides on the online shopping front but I also think they are only fighting for survival/relevance and would not produce anything new or interesting without this pressure. In contrast, companies like Amazon relentlessly develop new products and new technologies (see AWS). It’s not a response to external pressure — they don’t need to innovate to stay alive. They really embody the disruptive ambition / anything is possible mentality that fuels Silicon Valley. I sound like an Amazon fan boy but I’m the opposite haha just pointing out a difference in the DNA of these two companies.
2 comments

Walmart had the largest corporate database in the world at one point in time (about a decade and a half ago), and used it to build a brutally efficient supply chain.

Innovation in process engineering and operations isn't really discussed much here, but it's almost assuredly had a much greater impact on keeping inflation at bay (helping the median American's salary stretch a little farther) than anything Amazon has ever done.

I didn’t know about Walmart’s innovation labs til recently. Might not be as innovative as I think, but it certainly changed the way I view them.