The retail giant is in talks to buy smart television-manufacturer Vizio for more than $2 billion, according to people familiar with the situation. The move would give Walmart more places where it can sell ads and pitch shoppers on goods. … Walmart gets most of its U.S. revenue from its grocery business, which typically has low profit margins. Executives see the Walmart Connect ad unit as a path to heftier profits and a way to generate cash beyond the company’s longtime engine of selling goods through stores.
Vizio is kindof like Costco’s Kirkland brand. They don’t actually manufacture anything, they just select high-margin products that they can have contract manufactured cheaply, have some reasonable QC standards applied, and slap their name on the product.
So they’re already kindof like Great Value TVs, though clearly held to a higher standard than most Great Value trash usually is.
Everytime I go to a Wal-Mart I wonder how many bowling allies I could stuff into the building
I always get worried I’ve wandered into 3rd world country moving around the store, which I assume is why there are so many american flags hanging everywhere to remind me “no, it’s just walmart.”
“Walmart is tired of making less money than Amazon.” Is likely closer to the truth.
never heard of Vizio
They just want an Insignia line of products like Best Buy.
Who’s onn? Insignia used to be LG. At least that’s what we told ourselves when I sold em.
Insignia was rebadged products from other manufacturers IIRC. I think the batteries were actually Duracell. It’s the manufacturer’s that run lines for other brands with less QC, hence the lower price.