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Reimagining Retail: Retail Earnings Takeaways, and the Keys to Second-half Success for 3 Major Retailers | Aug 24, 2022
Behind the Numbers: Reimagining Retail
Walmart's Deep Pockets Help Them Dig Out of the Hole, Right?
I also think that they have deep pockets, right? And so they're able to offset some of the losses from margin in retail by some of their other businesses. It's kind of like what we used to say about amazon years ago, right? Amazon has such deep pockets that they can operate some parts of their businesses at a loss to try and make up for volume. So i think that also helps them dig out of the hole, like andrew is saying, right? Cause they have money to spend.
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