How to avoid ‘fake’ sales from Walmart, Costco and Amazon in the US
Posted On July 4, 2021
A few years ago, Amazon and Walmart were two of the largest retailers in the country.
But today, the two largest retailers on the market are both owned by Walmart and Amazon.
And as they say in the book business, it’s all about the numbers.
Amazon and Walmart’s retail sales rose at a staggering rate last year, according to research firm Retail Insights.
For the year, the online retail giant’s sales jumped 542% from a year ago, while Walmart’s jumped just 6%.
Walmart is now the largest seller of apparel in the United States, according for the first time.
Walmart has been growing its online sales at a remarkable rate.
The retail giant has been spending a lot of money to expand its online presence.
Last year, Walmart spent $15.5 billion on its e-commerce operations.
That’s nearly a fifth of the company’s total sales.
The company also has a growing presence in the grocery business.
Walmart and its grocery subsidiary Whole Foods have teamed up to buy Whole Foods Market, a grocery store chain that is in the process of acquiring Kroger.
Walmart also recently launched its own online grocery store, Walmart.com.
This will offer shoppers the convenience of shopping from a mobile phone.
And in addition to grocery shopping, Walmart offers grocery delivery services, so shoppers can pick up groceries online from their homes and then pick them up in the store.
Walton-Forman, the maker of Walmart’s signature red shirt, has also announced plans to add more groceries to its online grocery delivery service.
The grocery giant’s online grocery sales jumped 486% from the year before, according research firm Mintel.
Walmart’s online shopping sales rose only 4%.