Verbal Question of the Day: 11
CR- Summary Question
Walmart acquired a majority stake in Flipkart for a mind-numbing amount and has announced that it will not rest till it wins the Indian e-commerce battle. Amazon too is gearing up for the fight. Consumers are going to be accosted with more and more luscious deals online. Multiple offers are going to be showered on customers, and more and more millennials are going to do their shopping from their couches. What then happens to the old-fashioned traditional mall and big brand department stores?
Which one of the following captures the essence of the above paragraph?
A. Customers’ shopping experience will improve greatly with increased competition between e-commerce firms and physical stores.
B. With major e-commerce players vying for greater market shares, the future of brick and mortar retail looks bleak.
C. The convenience and viability offered by Walmart and Amazon will leave customers spoiled for choice and entice them away from physical stores.
D. In light of the fracas between large e-commerce players, the future of brick and mortar retail looks uncertain.