Stone - Marc CenedellaStone - http://cenedella.com/stoneMarc Cenedella - Stone

Incomprehensibly Good Information

Wal-Mart, which sells almost $5 billion per week in goods, reports its weekly revenue here. It is some type of magic of the modern age that a company that employs 1 out of every 123 working Americans, is able to tote up its sales better than any Mom & Pop.

Wal-Mart destroyed Kmart and pushed the company into bankruptcy on the back of its enormous expenditure on IT infrastructure and technology. K-Mart in the meantime, was blowing through hard dollars on advertising. It would seem like a no-brainer to hav eguessed, beforehand, which approach would be the superior one.