Posted on 02/06/2025 12:41:39 PM PST by dennisw
READ MORE: Walmart to cut hundreds of jobs and close North Carolina office
Walmart has long been the biggest retailer in the US, since it overtook Sears in 1993.
For the past 12 years, there has also been no other company - retail or otherwise - that pulled in more revenue.
But it is looking like it is set to be dethroned by Amazon on both counts, according to estimates by market analysts.
With America's, and the world's, obsession with shopping, it is perhaps no surprise that it is another retailer - rather than a technology giant - that has usurped Walmart in revenue.
When it announces earnings this afternoon (Thursday) for the October to December quarter, Amazon is expected to report revenue of $187 billion, CNBC reported.
That would surpass $180 billion Walmart is projected to report later this month - and mark a shift in the revenue rankings.
The key metric, which differs from sales, profits or market cap, is often used as shorthand to determine the size of a retailer.
Walmart has held the top spot for quarterly revenue since 2012, when it leapfrogged oil giant Exxon Mobil, according to financial markets data company LSEG.
While Walmart is still dominant when it comes to retail, Amazon also generates revenue through other streams such as Prime Video and its cloud computing service.
'Given the growth trajectories of the two companies, it has always been on the cards that Amazon would overtake Walmart's revenue at some point,' retail expert Neil Saunders told DailyMail.com.
'While Amazon is a powerhouse in retail, it is a diversified group that draws its sales from a wide variety of areas.'
(Excerpt) Read more at dailymail.co.uk ...
I’m surprised Amazon didn’t surpass WalMart years ago.
Amazon is way better.
Can’t do normal grocery shopping at Amazon
After signing the contract with China, it needs to go to the dustbin.
Well, what do they expect? They match Amazon’s increasingly too high prices on every like item. They need to be more competitive and drop their prices.
Me too.
And more expensive it’s why I never use it.
Wonder who killed the 99 cent stores?.
“”Wonder who killed the 99 cent stores?.””
Whoa!! I remember the five and dime stores - wasn’t old enough to know anything about prices but my mother took us in there on every shopping trip to the big city!!!
I think Walmart has walked back the amount of Chinese crap while Amazon has made it about 95% of what they sell. Let’s see who is on top after a little bit of the trade war with China plays out.
Walmart started goin to hell years ago when republican Sam Walton died.He took pride in “made in America” now most of Walmart merchandise is made in China and the Walmart clan has turned liberal.
https://www.opensecrets.org/orgs/walton-family-foundation/recipients?id=D000072017
Walmart is fine. They just started grocery deliveries in my area. Unlike Kroger deliveries are by private person...so tipping. We are trying to buy regular products through Walmart as opposed to Amazon, but shipping is slower.
Yes remember the too neat places things weren’t locked up then
civilized times were great.
Woolworth’s had a food counter went there for lunch in Jr High school a plate of fries 25 cents cola 15 cents.
Can’t do normal grocery shopping at Amazon.”
I order groceries on Amazon Fresh. No delivery fee if $100 or more.
When the minimum wage went up in Seattle, Instacart, which delivers for Kroger and other grocers, started slapping on a surcharge in addition to service fee and delivery fee. I stopped using them at that point. They said it was to make sure that the delivery people got the extra minimum wage.
Most of the prices are quite good. Free shipping on a lot of it and they almost always have about anything you need. I order everything from RV tank treatments to dog supplements.
The same people who killed the 5 and 10 stores and who also killed the penny candy.
Instacart ... started slapping on a surcharge in addition to service fee and delivery fee.
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Nation wide not just where you are.
That would be Joe Biden.
I think this is a bit deceptive. Amazon biggest revenue source is AWS, Amazon’s cloud service. They have huge military and government contracts. This isn’t simply one retail giant beating another retail giant in retailing.
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