James J. Cramer says that Wal-Mart's competitors are "feasting off the wounded mass merchant", and he names lots of names:
Where else do shoppers want to go?An excellent read, even if just to remind you how competitive retail actually is.Wal-Mart may be the largest seller of CDs in the country, but with Apple (AAPL:Nasdaq) climbing back over $40, it might be good to remember that iTunes is the way the next generation buys music. Don't I know it; why is my daughter babysitting every moment she can these days? She says she's getting 25 songs when she does!
Posted by Kevin on May, 27 2005 at 10:42 AM
