The WalMart Earnings Miss is a Cannon Shot for the Retail / CPG Industry
Jeff Richards
587

Spot on.

Yesterday, Oct 14th, was #BigBillionSale by Flipkart. They sold half a million phones and millions of other products in half a day.

As my friend Punit Soni & chief product officer of Flipkart points out, they are not building India’s “Amazon”, they are building India’s very first national retailer (think “Sears” of decades ago).

The game has just started.

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