https://www.businessinsider.com/walmart-ceo-reveals-strategies-against-amazon-aldi-and-lidl-2019-3
Walmart US CEO Greg Foran compared Walmart to the biblical figure Goliath, and said there are several "Davids," or competitors, that the company focuses on.
"When you are Goliath, you find that there are other Davids that start throwing stones at you and you've got to learn to deal with that," he said Wednesday at a UBS conference.
In response to a question about reports that Amazon is opening its own chain of grocery stores separate from Whole Foods, Foran discussed his love for competition and said, "bring it on."
He described Lidl's entrance into the US market as "a galvanizing moment for the eastern seaboard for Walmart."
Submitted March 07, 2019 at 01:11PM by coolcomfort123 https://ift.tt/2J0LQyn
