The clever way Walmart is trying to beat Amazon: Real estate
”Walmart hopes to leverage one staggering fact: 90% of Americans live within 10 miles of a Walmart store,” Katharine Schwab argues in her recent article on FastCompany”
To achieve that they had to “think of stores like mini warehouses,” Walmart’s chief technology officer Jeremy King explains during an interview.
Well, I have to admit that it feels kind of rewarding to see more and more companies follow the very same product strategy that we followed at Home Run. Home Run didn’t survived the Death Valley’s menace, but this doesn’t mean the on-demand, no-warehouse, no-delivery-vans model isn’t here to stay.
You find Walmart’s strategy interesting, you could learn more about their shelve-scanning robots, made by Bossa Nova, at the video below: