Planet Money: Walmart’s Pickle

walmart is hoping to bet amazing by creating new foods
By Kenny Malone.

Walmart is trying to invent the food of the future to win the fight with Amazon and sell you everything.

The logic goes something like this: For decades, Walmart was the first stop for basics like eggs, toothpaste, cereal, and so on for many Americans. When customers came for the food, they walked a few aisles over and bought other things too. Walmart is the store with everything. Then came Amazon: The everything store. After a rough first try in the world of groceries, Amazon found a new way in when it bought Whole Foods. Amazon immediately started lowering prices at Whole Foods. A lot of customers switched over from Walmart.

Read more and listen to the podcast at NPR.

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