May 27, 2005

Wounded WM?

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?

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!

An excellent read, even if just to remind you how competitive retail actually is.

Posted by Kevin on May, 27 2005 at 10:42 AM