Never get too comfortable Walton guys and gals; Amazon is chasing you down.

It seems that the online retail giant Amazon is doing the tarantella on Walmart family’s head and there is little they can do about it.

Walmart shares are down nearly 9% to $60.90 today and even worse, down 29% this year. Those numbers equate to, $18 billion were flushed down the toilet just today and $79 billion this year. OUCH

Before you get your grandma’s towel out to wipe your tears of sympathy, don’t be too concerned. Three of the kids, Rob, Jim, and Alice between them are worth or were worth last year a whopping 145 billion dollars.

The laws of gravity stay; whatever goes up must come down.

Like anything else in this ever changing world; do not get complacent. I would guess that Walmart, if they are smart will make a sincere effort try to further their own on line shopping network. Gotta stay with the times.

I would say the primary reason to Amazon success is people are too lazy to get dressed and go shopping, they can sit comfortably at home in their birthday suits and let their mouse do the shopping.

If the slide continues, I wonder if Rob, Jim, and Alice could make it on $150.00 a week?