Walmart earnings: Amazon Prime Day was a good thing for Walmart

Walmart earnings: Amazon Prime Day was a good thing for Walmart

John Zolidis, president of Quo Vadis, says his perspective on Walmart hasn’t changed in two years. “Walmart is well into the process of transforming a traditional, terrestrial retail model into a transactional-model optimized for a digitally-equipped consumer,” he wrote. “This new model leverages Walmart’s historical advantages including scale, supply-chain, low-price positioning, and store locations with digital capabilities highlighted by grocery pickup, a vast selection, a portfolio of new owned brands, and delivery.”

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