FOUND ON GAB:
Mary @FullBoyle
Amazon: profit up 100%
Walmart: profit up 80%
Target: profit up 80%
Lowe’s: profit up 74%
Microsoft, Facebook, Apple, Google: stock at record high
Small businesses: 21% closed; revenue for rest down 30%
We’re seeing a monumental wealth transfer from mom & pops to conglomerates.
Well, yeah. All those businesses have an online presence. Mom and pop stores usually don’t.
If I want to buy a pair of sweatpants during the Summer I can’t find one at any brick and mortar store. Ever. I can online. It’s about convenience and availability.
-SB
Re: your GAB find. All the more reason to boycott the big guys and buy local.