Motley Fool Money Retail Records, Home Improvement Highs, and Pro Sports
Aug 21, 2020
Barry Svrluga, a sports columnist for the Washington Post, dives into the future of professional sports, addressing health protocols and the evolving landscape of college football during the pandemic. He highlights the financial strains on teams contrasted with the growing success of major corporations like Apple. Beyond sports, there’s excitement over retail giants like Walmart and Target thriving in e-commerce. They also discuss Foot Locker's surprising profit boost and a hefty $900 million blunder by Citigroup – combining business with humor!
AI Snips
Chapters
Books
Transcript
Episode notes
Walmart's E-Commerce Growth
- Walmart's e-commerce sales nearly doubled, showing the shift from convenience to necessity.
- Their supply chain is a key advantage, despite slight inventory snags.
Shifting Retail Landscape
- Ron Gross has shifted from Amazon to Walmart for online purchases due to availability and pricing.
- He questions if this trend will continue, taking share from Amazon.
Chewy vs. Amazon
- Jason Moser's family now uses Chewy for pet needs, demonstrating a shift away from Amazon.
- Chewy's exceptional shipping has won them over.
