In today’s WSJ, Walmart’s CEO John Furner praises the benefit of your physical footprint in competing with Amazon.
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January 14, 2018
January 14, 2018
A friend of mine asked me about the buy local movement and young people. She wonders if young people (people under 40--gosh, I guess that excludes me?!) cared about the buy local 'movement.'
My response to her was that asking someone to buy local is sort of like asking someone to ignore the major principles of why people shop (aka ignore capitalism). The primary reasons we shop where we do is:
1. Selection. People want a wide variety of selectionβ¦aka: all the items you can find on Amazon.