Walmart's latest strategy confirms the death of the American middle class as we know it (WMT, AMZM)

Birchbox Walmart is getting into aspirational retail — and it says a lot about the American economy. On Wednesday, Recode reported that online cosmetics subscription service Birchbox has discussed a potential sale to retail giant Walmart. In recent months, Walmart has purchased several trendy, online retailers, including high-end men's retailer Bonobos,hip fashion brand ModCloth, and outdoor gear retailer Moosejaw. These brands' wares are a marked departurefrom the apparel typically sold by th...