Walmart Is Dying Because Its Business Model Is Strangling Itself - The Consumerist
Make sure you read this in a spooky voice in your head: Wal-Mart is dooooomed! At least, the business model it relied on to reach such astronomical growth is now probably putting a choke hold on the company's ability to grow and compete.
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Human institutions often collapse right after a period of explosive growth.
1 comment:
The institution of Bank of America (actually NCNB aka Nationsbank) is one of those institutions. Here is the prediction:
1. Bank of America is going to split into a commercial bank and a consumer bank.
2. The consumer bank will file chapter 11 and be placed into FDIC receivership by design
3. The commercial bank will be consumed by Chase.
It seems that no one is willing for there to simply be two businesses nor to let one really fail. Instead, you have the behemoths gorging on the smaller giants. For a while the behemoth will feast. But it will become too big just like its predecessor.
Okay IC we are on track if we hear about step 1 in the near future.
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