retail news in context, analysis with attitude

Reuters reports that Facebook CEO Mark Zuckerberg and his senior management team are traveling to Bentonville, Arkansas, this week for face-to-face meetings with Walmart CEO Mike Duke and his top executives. The sessions, scheduled for today, are aimed at "discussing ways to 'deepen' their relationship," the story says.

According to the story, " Zuckerberg and Facebook Chief Operating Officer Sheryl Sandberg will then speak to hundreds of Wal-Mart employees on Saturday at the retailer's monthly meeting.

"Representatives at both companies declined to discuss the specific agenda for Friday's meeting other than noting that the summit is intended to bolster the relationship between the world's No. 1 social network and the world's largest retailer ... Wal-Mart's Facebook page has more than 17 million fans and the company also pays to advertise on Facebook. Expanding its reach online is key for Wal-Mart as shoppers increasingly shop on their computers, tablets and smartphones."
KC's View:
Talking makes sense for both companies, but somehow the notion of Mark Zuckerberg and Mike Duke finding much in common is a little hard to imagine. Love to be a fly on the wall at that confab...

Will Zuckerberg do the Walmart cheer? Will Duke wear a hoodie? These are the things that we think about here at MNB...