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Tag: walmart


Walmart remains the largest U.S. retailer, Amazon a distant second

11

Jul 2019

Walmart remains the largest U.S. retailer, Amazon a distant second

Walmart often is seen as losing out to Amazon, especially in terms of share price and broad subscriber base. But there’s one metric where Walmart still commands a large lead over Amazon — sales revenue. A recent STORES Magazine Top Retailers list put Walmart in the No. 1 spot with $387.66 billion in annual U.S. sales and 5,263 stores. Amazon, with some 100 million Prime...

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Walmart is quietly outperforming Amazon this year

22

Feb 2019

Walmart is quietly outperforming Amazon this year

It may seem like Amazon is unstoppable when it comes to e-commerce, but another retailer is hot on its tail: Walmart. Shares of the retail giant gained as much as 4 percent Tuesday after the company topped Street estimates for earnings and revenue. The company also said that online sales grew 43 percent during the all-important holiday quarter. Walmart stock has been the clear winner over archrival Amazon in...

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Walmart Vs. Amazon: The Private Label War

17

Jul 2018

Walmart Vs. Amazon: The Private Label War

With Amazon’s explosive growth, it’s easy to lose sight of the fact that Walmart is still, by a long shot, the world’s largest retailer. In 2017, Walmart WMT -0.9% recorded sales worth $485 billion and earned a profit of $13 billion. Amazon recorded revenues at $178 billion with profits of $3 billion. While Amazon’s growth trajectory is aimed at overtaking Walmart sooner versus later, they are still the new kid on...

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Amazon beat out Walmart in a deal for a small pharmacy startup — and it shows just how intense the rivalry’s gotten

01

Jul 2018

Amazon beat out Walmart in a deal for a small pharmacy startup — and it shows just how intense the rivalry’s gotten

Amazon threw the entire pharmacy industry into a tizzy last week when it announced its plans to acquire PillPack, a small startup that mails prescriptions to people who take multiple medications. Among the companies hit: chief rival Walmart, which lost about $3 billion in market cap after the deal was announced. Walmart had offered $700 million for PillPack, but dragged its feet over regulatory concerns, according to CNBC. Amazon...

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Can Walmart Capitalize on Amazon.com’s Problems?

17

Apr 2018

Can Walmart Capitalize on Amazon.com’s Problems?

It’s easy to think that with Amazon.com (NASDAQ:AMZN) coming under criticism from the White House over its relationship with the U.S. Postal Service, its impact on brick-and-mortar retail, and its tax collection policies, it presents an opportunity for rival Walmart (NYSE:WMT) to capitalize on its rival’s distraction and gain ground. Yet whatever advantage the retail king might gain, the window to seize it is constantly narrowing. Rather than a silver bullet,...

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Amazon is pulling even further ahead of Walmart

01

Mar 2018

Amazon is pulling even further ahead of Walmart

Walmart Inc.’s e-commerce slowdown in the fourth quarter shows that Amazon.com Inc. is widening its online lead against the retail giant, Evercore analysts say. Walmart WMT, -0.23%   reported e-commerce sales growth of 23% in the most recent quarter, a sharp decline from the 50% growth the prior quarter. E-commerce sales growth for the year was 44%. The company expects e-commerce sales to grow 40% in fiscal 2018,...

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