Courtesy of www.econmatters.com.
By EconMatters
Amazon (AMZN) and Walmart (WMT) used to serve two very distinct customer groups. Amazon, the online mega mall attracts the more tech smart and higher income crowd, while the brick-and-mortar mass retailer Walmart serves the lower income and more traditional customers. However, the evolution of consumer behavior, combined with the advance and affordability of technology is starting to pit the two against each other….Read the full article FREE at Seeking Alpha
