Wall Street

Despite Its Many Benefits, Innovation Is Not Always Embraced

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When Sam Walton brought low-cost shopping to millions of American consumers by developing new, more efficient ways to deliver products to market, he had to battle entrenched political interests fighting for locally based retailers. The Battle Over InnovationToday’s battle over innovation, as consumers fuel a new trend toward instant delivery, is more about convenience than costs. But the dynamics are the same. Q1 2022 hedge fund letters, conferences and more Many traditional retailers are fighting instant delivery to save their businesses and jobs, just as others have done before them. Yet thi…

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