Amazon is 'the retail Death Star', says Jim Cramer

Today, today we found out what's wrong with the drug stores. It's not the shoplifting. It's not the jury brick and mortar locations. It's not the maximum security prison of merchandise where you need to call the jailer to get a bar of soap. It's not even the often downtrodden employees who are tired of having to watch people walk out of the stores without paying. No, it's Amazon. When a day with a dowained 36 points that's been inched up .09%, nasty conveyance .2%, I see Amazon hitting it all time high, putting it in the rarefied air of the $2 trillion club. I see Wall Grind Walgreens hitting a multi year low of $12.00, down 22% today. You know, after reporting a visible quarter, it was his worst day ever. We had our CBC investing club meeting today and we discussed the greatest of Amazon, but I feel we gave it short shrift. Amazon so phenomenal that I think you destroyed pretty much any industry chooses to go after. It's the retail Death Star. For example, just today we learned that Amazon is planning to launch a discount store to go after the ultra low cost, but often ultra low quality. Of Camus and two online stores that source a great deal of product from China. These two outlets have argued become the most powerful power makers in the world. Now that Amazon is rolling out a similar discount store to compete against them, I actually don't envy their prospects. But with Walgreens, all I can say is that Amazon taking no prisoners. TNP. Don't miss a second of Mad Money. Follow at Jim Cramer on X Have a question? Tweet Kramer hashtag MAD mentions. Send him an e-mail to [email protected] or give us a call at One 807 four Three CNBC. Miss something? Head to madmoney.cnbc.com.