Walmart is so dominant in the grocery category. The items need to be fresh. They expire after a few days. You need to figure out how to preserve it's also an even lower margin business, yes o. Like here's walmar with better logistics, getting better, fresher items in their stores at lower prices. Gets totally game over for cate marden.
We kick off Season 11 with the incredible story of the retail “granddaddy of them all” Walmart, and its founder Sam Walton. Once you study Walmart, you realize just how deep its heritage runs through Amazon and so many iconic modern companies we cover on Acquired. This episode was an absolute blast, and we even uncovered a new addendum to the hallowed “focus on what makes your beer taste better” playbook theme!
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Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.