1-Click Ponies

“In the video, Lore presents a plan to bet Wal-Mart’s future not on e-commerce standbys such as books, electronics, and toys, but on product areas only now becoming popular online, including apparel, fresh food, and ‘everyday essentials’ like drugstore items. ‘We’ll need to take the offensive, swim upstream … As Sam Walton said, ‘Opportunity lies in the opposite direction.'” One of the most amazing things about the Internet era is how quickly its evolving storyline can turn massive, all-powerful juggernauts into scrappy underdogs. From Bloomberg: Can Wal-Mart’s Expensive New E-Commerce Operation Compete With Amazon?

+ Why science thinks you don’t return your shopping cart to its proper area.

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