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E-commerce

Amazon Supremacy? Think Again

Source: company filings

With Amazon.com’s acquisition of Whole Foods, it might seem like there are few segments of the consumer economy that the e-commerce giant hasn’t conquered. But a look at sales data shows just how small Amazon is compared with the true retail giant, Walmart.

Walmart’s annual net sales are more than triple those of Amazon, according to company filings. Amazon recorded about $136 billion in net sales for the year ended Dec. 31. That compares with Walmart’s $481 billion in U.S., international and Sam’s Club sales for the year ended Jan. 31. (See chart above.)

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Last week, Walmart said it was partnering with the smart home devices company August to test new delivery methods. The program will allow Walmart to deliver groceries or packages inside customers’ homes–or even inside their refrigerators–by letting a delivery person unlock an August smart lock with a one-time passcode.

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