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" ... And these trends still continue today. Don't think for one minute the big chains like Wal-Mart aren't also worried about their long term future. Why else would Wal-Mart make such a large $3.3 billion acquisition of Jet.com after only one year of launch? To get them more formidably repositioned as a leading "ecommerce-first" company. Especially since Jet.com was able to generate over $1BN in revenue run rate after only one year of being in business, with a lowest-price messaging, a title most covetedly held by Wal-Mart over the years. ... "