Saturday, November 01, 2008
Bad times for everybody? Not at all!!
Walmart is up 5% . A very nice article from Business Week tells us the whole story (the illustration on the left side comes from this article).
And again Walmart was fast in reacting the changing environment and modified its strategy accordingly, going from a diversification strategy trying to be more cool and appeal broader audiences to simplifying its offer and concentrating in basic products and unbeateable price, something that WalMart knows how to do better than anybody else!
And again we see one of its core strenghts, a mastering of its supply chain second to noone that enables him to shift strategy and take advantage of changing conditions.