Has Wal-Mart Lost Its Technology Edge?
from the every-day-low...-whoops dept
Chris Lindquist writes "Despite the late Sam Walton's self-proclaimed distrust of computers, Wal-Mart has long seen itself as a technology leader. The company was an early adopter of bar-code scanning and eventually established the gold standard for supply chain efficiency thanks to highly integrated point-of-sale systems, satellite-communicated inventories and even RFID tracking. But Wal-Mart seems recently to have lost some of its tech luster. Questionable business decisions and global economic realities have caused the retail giant's earnings to stumble while aggressive competitors such as Target match Wal-Mart's every tech move--and sell higher-margin products to more affluent customers. Now it's unclear whether the command-and-control, technology-enabled culture that allowed Wal-Mart to flourish will be able to help it maintain its market dominance."






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Are You Kidding?
You'd be a fool to think a small player like Target or any similar are going to beat WM at the game they invented.
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Re: Are You Kidding?
I'm sure lots of big companies that are not market leaders any more thought the same thing.
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History
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also happening now
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Re: Are You Kidding?
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I'm sure lots of big companies that are not market leaders any more thought the same thing.
*whisper*
...IBM...
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earlier versions
In the 1970's A&P supermarkets dominated the industry. Now there are few left and who could have seen the demise of a brand like Winn-Dixie (alright, mostly in the south but still very dominant)There is always a "next".
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Re: Are You Kidding?
Hm... what happened to Eatons, The Bay's, Zellers. How about IBM? 3Dfx?
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I hate that store anyway.
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Re: Are You Kidding?
You'd be a fool to think how you do. I find myself going to Target and Miejers rather than wal-mart. I like the short waiting lines and friendly customer service. Walmart has 30+ checkout lanes, and only 10 are open at 1 time. I use to shop at walmart. But since you can get almost everything you need from Target and everything that walmart has you can get at meijers, why shop at walmart? Just think, if all others started to see it the way I do, would walmart still be the leader? I think there use to be a place called K-Mart that was the leader before walmart. What happened to them? The same thing that will happen to every chain at some point.
http://www.meijer.com
http://www.target.com
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Not really low, low prices
The only ones they fool now are news outlets responding to their hokish "green" PR campaign of distraction.
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Barcodes And Cash. Easer than the unseen.
I keep telling my Director to just wait, just wait...
Everyone wants in on it, but no one seems to know how to make it all come together yet.
Barcodes seem to work well for now-- To the trained eye, it's easy to tell counterfeits, like cash... But when the computer gets in the way and there's no way to tell a counterfeit, there's the problem...
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Re: Are You Kidding?
It's that kind of thinking and arrogance that does large companies in. K-Mart, IBM and GM all used to be dominant. Things change, and they can change quickly.
You'd be a fool to think a small player like Target or any similar are going to beat WM at the game they invented.
Really? Last I looked Target reported much better growth numbers than Wal-Mart. Who is the fool?
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and who is advertising on this site today of all c
And now, a word from our Sponsors..
Target Technology Services
Its nice to see that some of the other players are nowing competitive. Bestbuy wasnt bestbuy untell a tornado destroyed its only store.. Walmart is so big because there wasnt any real competition for years now that there is.. well we will see in the next 5-10 years
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I got an insight into WM when I worked for National Cash Register Co. in Retail Systems. That was in the 80s, when nobody even knew who WM was.
That being said, technology can't prevent companies from making bad decisions.
BTW, I think the book, "The Walmart Effect" should be required reading. It's a great read - fascinating and important.
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Wm has not lost their edge
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