قالب وردپرس درنا توس
Home / Business / Walmart is pushing back on Amazon – and winning

Walmart is pushing back on Amazon – and winning




<div _ngcontent-c15 = "" innerhtml = "

Getty

Retail giant Walmart continues to push back against Amazon and win more on-line sales.

Last week, the company reported a 2.8% jump sales in the same store and a 37% jump in online sales for the second quarter, which is at the top of a 3.4% jump in US Q1

sales and a 37% jump in online sales for the first accounting quarter.

On the whole, Walmart has reported 19 positive transactions, and the future looks brighter, according to comments from the CEO after last week's report, which means the retail giant's big comeback is real.

And that's bad news for Amazon.

Walmart vs. Amazon Shares

Koyfin

Walmart and Amazon Revenues

Koyfin

"Walmart's report last week is just the latest demonstration of the retailer's remarkable shift," said Jeff Yastine , See nior Equities Analyst at Banyan Hill Publishing.

He traces this shift back to 2017, when Walmart bought Internet seller Jet.com, and brought Jet & # 39; s key executives in its ranks, which has helped Walmart achieve double-digit online sales in the quarters that followed, right up to the present day.

Other major brick-and-mortar retailers have launched similar strategies as a way to push back against Amazon.

"Big, smart, driven legacy retailers are no longer admitting the digital playing field, which means that Amazon's days of unlimited growth are largely over," says Yastine. & nbsp; "A good example can be seen with Minneapolis-based Target, which was so disinterested in digital sales that it actually paid Amazon to run (and fulfill) its Internet business up to 2011. In recent years, Target has also come up with strong, stock investing , robotic system, and even pioneering its own form of "store" fulfillment – using its own stores as e-commerce stores – enabling it to deliver same-day delivery on many basic goods, just like Amazon. "

Clement Thibault, financial market platform analyst & nbsp; Investing .com praises Walmart's one-day shipping. & nbsp; "The name of the game is one day traffic, "he says." Walmart already covers 75% of the United States with its NextDay shipping, which allows Walmart to give Amazon a real run for their money. Apparently, Walmart has been smart enough to emphasize online, and decided not only to admit the Amazon market can actually support more than one giant retailer, and Walmart has made all the right moves so far. Walmart has managed to execute a strategy in a hostile and competitive environment, and it is marked by a truly great company. "

Meanwhile, Walmart has leveraged its extensive store network to accelerate online orders with shipping from its stores instead of external stores, as has been the case with Amazon.

And it offers customers the choice between placing orders online and & nbsp; picking & nbsp; purchasing items at neighborhood stores, saving time and avoiding shipping fees.

That's something Amazon has missed.

Total Walmart stores in the United States

Type 2012 2019
Discount stores 629 386
Neighborhood markets 210 813
Supercenters 3.029 [19659025] 3,570
Total 4,479 4,769

Source: Statista.com 5/18/2019

In short, Walmart wins more online sales by "turning the tables" on Amazon, the online giant sends urgent to expand their own brick and mortar presence neration & nbsp; by acquiring traditional retailers such as Whole Foods – and by planning to open more grocery stores around the country to cater to the markets not served by Whole Foods.

">

Walmart store giant continues to push back against Amazon and win more online sales.

Last week, the company reported a 2.8% jump in sales in the same store and a 37% jump in online sales for finance in the second quarter. That's at the top of a 3.4% jump in US first quarter sales, and a 37% jump in online sales for the first fiscal quarter.

On the whole, Walmart has reported positive transactions for 19 quarters, and the future looks brighter, according to comments from the CEO following last week's report. This means that the retail giant's big comeback is too real.

And that's bad news for Amazon.

Walmart vs. Amazon Shares

Koyfin

Walmart and Amazon Revenues

Koyfin

"Walmart's report last week is just the latest demonstration of the retailer's remarkable shift," said Jeff Yastine, Senior Equities Analyst at Banyan Hill Publishing.

He traces this shift back to 2017, when Walmart bought Internet salesman Jet.com, and brought Jet chief executives in their ranks, which helped Walmart achieve double-digit online sales in the quarters that followed , right up to today.

Other major brick-and-mortar retailers have launched similar strategies as a way to push back against Amazon.

"Large, smart-driving inherited retailers no longer admit the digital playing field, which means Amazon's days of unlimited growth are over," says Yastine. "A good example can be seen with Minneapolis-based Target, which was so disinterested in digital sales that it actually paid Amazon to run (and fulfill) Internet operations until 2011. Over the past few years, Target has also come up with strong, investing in inventory, warehouse robot systems, and even groundbreaking its own form of & # 39; in-store & # 39; fulfillment – using its own stores as e-commerce stores – so that it can deliver same-day delivery on many basic goods, just like Amazon. »

Clement Thibault, financial market platform analyst Investing .com praises Walmart's one-day shipping. "The name of the game is a day's shipping," he says. “Walmart already covers 75% of the United States with its NextDay shipping, and it allows Walmart to give Amazon a real run for their money. Apparently, Walmart has been smart enough to emphasize online, and decided not to just admit to Amazon. The e-commerce market can actually support more than one giant retailer, and Walmart has made all the right moves so far. Walmart has managed to execute a strategy in a hostile and competitive environment, and it is characterized by a truly great company. "

Meanwhile, Walmart has leveraged its extensive store network to accelerate online orders by delivery from its stores rather than from remote stores, as has been the case with Amazon.

And it offers customers the choice of placing orders online and picking up merchandise in neighborhood stores, saving time and avoiding shipping costs.

That's something Amazon has been Missing

Total number of Walmart stores in the United States

Type [19659025] 2012 2019
Low Price Stores 629 386
Neighborhood Markets 210 813
Supercenters 3,029 3,570
Total 4,479 4,769

Source: Statista.com 5/18/2019

Simply put, Walmart wins more online sales by "turning the tables" on Amazon, sending the online giant hurrying to expand its own brick, and mortar presence, by acquiring tra retailers like Whole Foods – and by planning to open more grocery stores around the country to cater to the markets. not served by Whole Foods.


Source link