Retail Surprises and the Future of Video Games
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 20 November 2020
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:07.0 | From full global headquarters, this is Motley Fool Money. |
| 0:19.0 | It's the Motley Fool Money Radio Show. I'm Chris Hill joining me this week. |
| 0:22.0 | Senior Inlet's Andy Cross, M. Jason Moser. Good to see you. |
| 0:25.0 | It's always gentleman. Hey Chris. Hey. |
| 0:27.0 | We've got the latest headlines from Wall Street. We're going to dig into the video gaming industry. |
| 0:31.0 | And of course, we have a couple of stocks on our radar. |
| 0:34.0 | But we begin with some of the biggest retailers in America. |
| 0:38.0 | We'll start with Walmart, which heads into the holiday season with momentum. |
| 0:42.0 | Digital sales in the third quarter rose 79%. |
| 0:46.0 | And Jason shares a Walmart hitting a new high this week. |
| 0:50.0 | Yeah. Yeah. I mean, it's no target. |
| 0:52.0 | But hey, I mean, they did okay. They did okay. |
| 0:55.0 | I mean, really, hats off to Doug McMillan and the team there at Walmart. |
| 0:59.0 | For I think continuing to invest in Walmart's digital business and not just sitting still, right? |
| 1:04.0 | I mean, they really are. They really are moving. |
| 1:06.0 | And I think we're seeing a lot of a lot of great results because of that. |
| 1:09.0 | And I think another thing that we're seeing today, we've always talk about the Amazon threat and e-commerce. |
| 1:16.0 | But really, I think what we're seeing, it's all about being omnichannel. |
| 1:19.0 | I mean, we see that we're bandied about a good bit. |
| 1:22.0 | But really, I think it matters because if you're that retailer that can have the physical presence along with the digital expertise, |
| 1:30.0 | you can do so much more. |
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