Jim Cramer: How Walmart and Target Can Fight Back Against Amazon

Credit: The Street
Published 2 weeks ago - Duration: 01:17s

Jim Cramer: How Walmart and Target Can Fight Back Against Amazon

Amazon AMZN is Real Money's stock of the day this Cyber Monday.

And it also may be the gold star winner this Cyber Monday, especially thanks to its one-day shipping.

However, retailers such as Target and Walmart are trying to keep up with the Death Star that is Amazon.

Amazon, Walmart, and others are all locked in a one-day shipping battle this season, with Amazon offering next-day shipping for Prime members and Walmart also offering free next-day shipping for orders over $35.

Is there any way for other retailers to keep up with Amazon or is it just a losing battle?

Jim Cramer says it may not be all bad for Walmart and Target.

"Well, they spent a lot of money and Target has Shipt.

Brilliant acquisition.

Walmart...they bought Jet and Marc Lore [CEO of Jet] has done a remarkable job.

That was a very shrewd acquisition.

People thought that they paid too much at the time.

But you know what, you can cut deals with web service companies.

You can train your people to use the stores as depots.

It's not all bad to have a brick and mortar presence.

But you have to spend," explained Cramer.

Watch the full video above.

Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below

Advertisement

You are here

Recent related videos from verified sources

Did Amazon Win Cyber Monday? Jim Cramer on Cyber Monday and the 2020 Election 07:03
Credit: The Street - Published 2 weeks ago 

Amazon Earnings Had One Other Issue in Addition to One-Day Delivery Costs 01:38
Credit: The Street - Published on October 25, 2019 

You might like