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. “This edition of the Whole Paycheck...
Winning the battle for the consumer’s whole paycheck requires winning the battle for delivery, and Amazon and Walmart are throwing everything from driverless trucks to drones to a new Amazon fleet of Boeing 767s into that. Walmart Gets Green Light to Start Drone Delivery Near...
As they finish up a year of massive disruption and exponential sales increases, Amazon and Walmart are taking their battle for the U.S. consumer’s whole paycheck into the last week of the holiday shopping season. But maybe it’s not the holiday shopping that’s the issue...
After a year in which both Walmart and Amazon prospered in their share of the digital-first economy, the two retailers who lay claim to the U.S. consumer’s whole paycheck are setting themselves up to give back. That effort will take the form of COVID-19 vaccine...
In order to get a share of the consumer’s whole paycheck, Amazon and Walmart will need to deliver the goods. During a week where that delivery system cracked under pressure for retailers like Gap, L.L.Bean, Macy’s and Nike, it’s worth taking a look at how...
Traditionally our Whole Paycheck tracker covers the mano a mano of Amazon and Walmart as they battle it out for their share of the American paycheck. But as the pandemic has progressed it has become increasingly clear that Target is also laying claim to the...