looks like walmart is suffering the brick and mortar blues.theyre planning to shut down 150 low performing stores , holding on any future store development (except for several neighborhood small centers). Also, theyre buying back 20 billion bucks worth of stock.
Its affecting all the big discount centers. Walmart, is, at least going to try to FEATURE their e-business by using their Brick and mortar places as "fullfillment centers" for their web business.
I think that may help, because they are so far ahead of Amazon on fullfillment center locations that they may be able to regain some lost profitabil.ity.
Im gonna wait till December rush then buy some stock as an experiment in playing the "underperforming" game.
nothin big time