As Amazon confirms the closure of Fresh and Go stores in a refocusing move, Walmart crosses the symbolic threshold of US$1 trillion in market capitalisation. A trajectory that illustrates Wall Street’s endorsement of an industrialised omnichannel model that is profitable and largely data-driven.
As Amazon has confirmed the closure of 72 Fresh and Go grocery stores in the USA to focus on Whole Foods and e-commerce, Walmart is breaking market capitalisation records with a resolutely omnichannel and data-driven model.
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