I recently came across an interesting news video on Wal-mart. According to NBC News and the Today show, Walmart is predicted to be in a price war with Amazon.com, the current largest retailer. In a world where everything you want is at your finger tips, Walmart is struggling to keep up with major online retailers like Amazon.com. The hassle of fighting the crowd during Christmas Season has been virtually replaced with the ability to buy items from home. Walmart is partially blaming a plunge in stock (10% in a single day) a raise in their start rate to $9 this year and $10 next year. Along with the struggle to compete with online retailers for price and convince, Walmart is having to deal with workers group protesting for higher pay for the next 15 days.
I has become increasingly difficult to do business without change.
the link to the article and video can be found here: Wal-mart Workers Group Protest
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