The number of people who bought groceries online from Walmart jumped to 37.4% in 2019, up from 25.5% in 2018
Walmart Inc.’s first-quarter results, which include 37% growth in e-commerce sales, show the retail giant is taking e-commerce share from its strongest online competitor: Amazon.com Inc.
Some analysts saw Amazon’s move to cut delivery times in half as an effort to stay ahead of competitors, who have improved their e-commerce offering due to the threat of the “Amazon effect.”Neil Saunders, managing director at GlobalData Retail, says Walmart is taking share from Amazon. Walmart executives also talked up the use of its stores as a way to close the last-mile gap of getting merchandise to customers. By year-end, the company expects to offer same-day grocery delivery at 1,600 stores and grocery pickup from 3,100 locations.
“With around 35% of Walmart.com shoppers doing ‘some,’ ‘most’ or ‘all or almost all’ of their grocery shopping online, they are more likely to be ‘full-basket’ shoppers of the kind we see in bricks-and-mortar grocery stores,” the Coresight report said.Certainly, Amazon’s lead in e-commerce is a solid one that’s bolstered by the 100 million-plus Prime members.
“As for tariffs, potential impact on Walmart and its shoppers is limited by its food business, and we also believe Walmart has the wherewithal both financially and via its vendor relationships to minimize the impact on both itself and its shopping base.”
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Walmart fights back against Amazon with one-day shipping in some U.S. marketsWalmart Inc is stepping up its battle with Amazon.com Inc by offering one-day de...
और पढो »
37 Of The Best Coloring Books You Can Get On AmazonGrab your crayons, it's go time.
और पढो »
Walmart ups the delivery game with next day shippingWalmart plans to roll out next-day delivery service to 75% of the U.S. population by year-end.
और पढो »
Walmart offers next-day shipping, speeding deliveries as it battles AmazonWalmart's announcement comes two weeks after Amazon said it’s upgrading Prime members’ free shipping option to one-day delivery.
और पढो »
Walmart announces next-day delivery, firing back at AmazonWalmart's rollout of next-day delivery will begin in Phoenix, Las Vegas and Southern California this week, before reaching 75% of the country by the end of the year.
और पढो »
SHIPPING WARS: Walmart blows Amazon out of the water with its own free, next-day deliveryWalmart ecommerce CEO Marc Lore says the faster shipping will save Walmart money.
और पढो »
Amazon cracks top 5 in Fortune's top 500 largest companies as Walmart keeps top spotWalmart tops Fortune's list of the United States' 500 largest corporations by revenue for the seventh year in a row.
और पढो »
Exclusive: Amazon rolls out machines that pack orders and replace jobsAmazon.com Inc is rolling out machines to automate a job held by thousands of it...
और पढो »
Whole Foods, Nordstrom and other retailers now accepting cryptocurrency in storesTyler Winklevoss announced Monday that retailers including Amazon.com Inc.'s Whole Foods Market, Nordstrom Inc. , and Barnes & Noble Inc. are among the...
और पढो »
Walmart Just Might Win The Shipping War With Amazon. Here's HowWalmart and Amazon have been upping the ante on each other in their bids to offer the fastest deliveries. Here's why Walmart might win:
और पढो »
Berkshire Hathaway's Amazon stake tops $900 millionBerkshire Hathaway Inc.'s stake in Amazon.com Inc. , which Berkshire Chairman Warren Buffett described as “One of the fellows in the office ... bought some...
और पढो »