Wal-Mart is fighting to maintain an on-line presence and fight off Amazon. The Walton family should be worried. I’m expect some of the youngins might be wanting to sell.
Wal-Mart does rule bricks and mortar for now in selected parts of the world. They are buying technology to catch up. Highly unlikely this configuration of Board Directors and executives really know how to manage technology and on-line.
Quite simply Amazon does and so do several other companies.
Oh and another thing Wal-Mart has about $7.7 Billion in cash and alike. Amazon has a private ATM with $16.5 Billion and no obligations to family trusts and dear old aunts.
Strategic things are sometimes that simple.