How Walmart Can Beat Amazon at Its Own Game
What Walmart gains by joining the subscription economy
Few firms counterpunch like Walmart. “Innovation” has a new, first-of-its-kind feel. But most stakeholder value is a function of firms benchmarking, copying, or stealing other firms’ great ideas: improving them, putting more wood/capital behind the arrow, or placing it on broader platforms.
Walmart is planning to launch Walmart+, their response to Amazon Prime. This makes all sorts of…