Walmart’s Latest Initiative To Fend Off Amazon Is A Total Gas (a disagreement)
Forbes published this online article: walmarts-latest-initiative-to-fend-off-amazon-is-a-total-gas I disagreed with the article and had a comment exchange with the author: Bob Reisner JULY 18, 2018 AT 2:30 AM You might want to reconsider the long term effectiveness of this strategy. I think this entire segment will suffer significant distress in 5 to 7 years and will likely collapse by 2030. Fully automated Self Drive Vehicles (“faSDVs”) are going to happen as evidenced by Googles purchase of around 100,000 faSDVs for near term USA only delivery. By mid 2020s, faSDVs might be half of new vehicles sold and by 2030 most will be faSDVs. By the early 2020s, the trend concerning faSDV adoption will be clear. The refueling of an faSDV will likely occur when the faSDV is unoccupied (like overnight) and the purchase location will likely be determined by an app that identifies the low cost supplier. Gas sales at convenience stores will drop and inside sales as well (no pass...