Thursday, July 23, 2015

AMAZON #1 RETAILER

It is interesting how few retailers have tried to adopt Amazon's e-commerce approach. It may reflect how few CEOs understand supply chain management and how the New Supply Chain drives Immediacy.


Amazon Waves Goodbye To Walmart On Its Way To The Top

    FORBES
There you have it.  Amazon Inc. is now the highest valued company in retail on the face of the earth.
The company reported June quarter revenues of $0.19 over share in profits versus expectations of $19.34 in revenues and a loss per share of $0.14/share.  (please note I am long AMZN shares and options)
At $570 per share which is where Amazon shares are trading as I write this quick post out, AMZM is now valued at approximately $270 billion plus versus Walmart which closed with a market capitalization of $233 billion.