Walmart isn’t just known for its low prices. The company has a dark side, critics claim, that makes it liable for putting many small business out of business. Nobody can compete with the world’s largest retailer, the theory goes, partly because they pay minimum wage discriminate against women and offer lousy benefits.
Tonight there must be many a party among these critics, as Walmart has ceded the online DVD rental business to Netflix. The retail giant has decided to stop offering DVD rentals by mail for a monthly flat fee and instead recommends current subscribers to use the services of Netflix.
Netflix has been struggling since Walmart launched its DVD rental offering in 2003, and the company still has a long way to go. Blockbuster, the largest movie rental chain in the US, is stil determined to beat Netflix. In response to the Netflix-Walmart pact the company promised a switching bonus of two free months of subscriptions plus a free DVD.
Cotton seedling freezes to death as Chang'e-4 shuts down for the Moon's 14-day lunar night
Fortnite easily out-earns PUBG, Assassin's Creed Odyssey and Red Dead Redemption 2 in 2018
Meteor showers as a service will be visible for about 100 kilometres in all directions
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data
New findings contradict conventional belief that Saturn's rings were formed along with the planet about 4.5 billion years ago