In April of that year, I broke a story that Walmart was in advanced talks to buy Benobos. A month or two later on, they announced through an article in the New York Times that they've made this acquisition and it speaks to a new day at Walmart. That same morning, and I forgot the exact timing, Amazon announces the acquisition of Whole Foods for more than $13 billion. And talk to folks at Walmart who were just like, man, I think one of the quotes was like, "It just showed like we were playing checkers, they were playing chess"
Mary Long caught up with Jason Del Rey, author of “Winner Sells All: Amazon, Walmart, and the Battle for Our Wallets.”
- How Amazon often beat Walmart’s low-price guarantee. - The incentives that slowed down Walmart’s e-commerce rollout. - Why WalMart was hesitant about creating a loyalty program. - Amazon and Walmart’s push into healthcare.
Companies discussed: AMZN, WMT
Host: Mary Long Guest: Jason Del Rey Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
Learn more about your ad choices. Visit megaphone.fm/adchoices