Retail News

In bizarro universe of retail, analysts now sympathetic to Walmart as the underdog

The Street

Citing the growing influence of Amazon and Google over retail’s future, financial columnist Stephen Guilfoyle says he still has confidence in Walmart as a long-term bet and, in a twist for the world’s biggest retailer, feels more emotionally invested in cheering on a company now fighting a comeback battle. In reaction to Walmart’s announcement of its deal with Google to ramp up its voice-activated ordering business, Mr. Guilfoyle writes, “It’s hard not to root for the kid who stands his ground when the bully gets around to him, and says ‘Not today, tough guy’.”