Just weeks after the nation’s two largest retailers each closed the books on record annual results and had begun to square off on new market-share fights in key categories like apparel and groceries, Amazon and Walmart have found themselves facing a new set of challenges:...
In this week’s Whole Paycheck report, just days after reports surfaced that Amazon was upping its grocery game to try to chip away at Walmart’s 10x lead in food and beverage sales, the 60-year-old owner of 5,500 stores is making moves of its own to...
In this week’s Whole Paycheck Tracker, Amazon and Walmart find themselves in a dead heat in the grab for retail sales market share, as both companies roll out plans aimed at increasing sales and efficiency. Get the Full Story Complete the form to unlock this...
With the fourth-quarter earnings season safely behind them, the country’s top two retailers have gone back to executing the plans they just updated. The battle between Amazon and Walmart is taking on global proportions, with milestones being set in several different countries and several lines...
It’s often been said that “the best defense is a good offense” — and in a similar vein, Walmart announced plans this week to attract more customers by enticing more businesses to sell their products on its platform. The move marks the latest shot in the...
No company wants to be given a $20 billion haircut in the markets, but that’s exactly what happened to Walmart on Thursday (Feb. 18), as the company’s adjusted earnings per share came in about 13 cents, or 8 percent, less than analysts were counting on....
Amazon is growing faster and its market cap is bigger, but Walmart still sells more stuff. Investors will get a fresh look at how the two titans are faring against each other next week when Walmart delivers its Q4 results, two weeks after Amazon shattered...
The race for the consumers’ whole paycheck continued this week between Amazon and Walmart, with Amazon pushing back against Italian antitrust regulators even as the eCommerce giant tried to play nice with new U.S. President Joe Biden. Meanwhile, Walmart pushed deeper into a new financial...
PYMNTS’ latest Walmart vs. Amazon Whole Paycheck Tracker found that the two retail giants did something unusual during the third quarter: They either remained flat or lost ground in the battle for total U.S. retail spend and consumer spend. Get the Full Story Complete the...