Warren Buffett: Wal-Mart Under A Lot Of Pressure | CNBC

Berkshire Hathaway's Warren Buffett shares his outlook on Wal-Mart and areas where the company needs to "tighten up."

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Warren Buffett: Wal-Mart Under A Lot Of Pressure | CNBC

[terryupham]

Walmart can offer an internet shopping express pre order groceries online an pick up text msgs to pick up.

[frankroper]

You don't save much at walmart anymore...it is just convenient to go where you can get most anything.

[lumiesoucek]

Please don't blamed it on Amazon. Blame it on Walmart's wrongdoing to their employees. It finally catch up on them.

[shreenidhinayak]

Walmart is leading ecommerce business in india.
Leading payment service in india with 500million plus customers.

Walmart would do better in developing countries than amazon and amazon is just in a lousy market now.
Amazon failed in china, almost failing in japan, southkorea, failed in africa, struggling in brazil, heavily competing in india and might lose alot of money in india because of google and walmart.

The only business of amazon is doing good is cloud business which is again facing many competitors
Overall amazon is overvalued and the debt for amazon is getting expensive.

[joef]

SCREW Walmart. I haven't shopped at China-Mart in over 8 years and never intend to again. I would be embarrassed to have anyone see me even making a u turn in their parking lot.

[JohnBauschard]

Walmart-pay the tax....Amazon-Tax Free

[chieftp]

haven't spent a single cent at a walmart in 14 years and couldn't be happier. never bought from amazon either - still not sure what they do.

[regishbabu]

I am typing this on the day when Walmart acquired Flipkart in India .. My question is Walmart salaries very meagre in America

[jonathandeatherage]

Times change, ya know I love online shopping, close the malls down, only trash hangs out there, anyway!

[terryupham]

app for shopping express pre order groceries online an pick up text msgs to pick up drive through

[heinerlauter]

amazon is bad for walmart, aldi will be bader!

[mahimdhungel]

Am I the only one who noticed she got frightened when Warren leaned on to start speaking at 0:20?

[drewskiintergalactic]

Walmart has treated there customers poorly for a very long time and it's only been a year or so that they have changed there attitude .

[technologylover]

Well Amazon is charging more and more customers sales tax now... even in states they shouldn't be. That is going to swing the tide back to Walmart. If I have to pay sales taxes of say $50 when I buy a drone... I might as well buy it from Target and walk out with it immediately without having to pay a monthly fee (Prime) to get decent shipping time and costs. When internet sellers get more expensive the the brick and mortars which is quickly approaching then the Amazons of the world are coming to a screeching halt. My guess is it will be to late to fix the problem because once Amazon starts charging sales taxes to a particular states customers it will not be able to reverse the policy. Buffet blew it this time.

[bradley]

Wal Mart spell wall back ward Law Martial. I don't shop there any more

[RacerXGTO]

It's only by accident that WMT has the sales it has. WMT has done nothing inspirational, nothing ground-breaking and only delivers a "fix-as-we-go" business model. Internally, my gawd, listen to their sharpest employees who have left for better opportunity. There is this aura of top-down only directives from a naive Corporate trying to re-invent retail from an ivory tower with an abundance of superfluous re-modifications ; zero, I mean ZERO feedback from their people on the front lines who have decades of retail experience and better to tap into how to improve the direction of retailing, yet these young, online degree Corporate demigods know it all. WMT does not have a wining formula. Buffet has to know this will not end well and rightfully, voted with his money. As Andrew Grove would have put it, this is a prime inflection point for retail.

[danabram]

Both these companies are evil and exploitative.