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Author: Goofyhoofy 🐝🐝 HONORARY
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Number: of 555 
Subject: Re: WMT vs AMZN, groceries and e-commerce
Date: 06/07/2024 3:46 PM
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Anyone else have opinions on Walmart vs Amazon, or shopping in general?

Without spending a lot of time looking, I found this:

Walmart US Retail Sales 2013-2024 - Marketplace Pulse

Sales in Walmart brick-and-mortar stores and e-commerce in the US. Last reported quarter
2024 Q1 it was $108.70 billion, up by 5% year-over-year from $103.90 billion. From $420.50 billion
in 2022 it increased by 5% to $441.80 billion in 2023.


https://www.marketplacepulse.com/stats/walmart-us-....

Amazon:
 
Amazon annual/quarterly revenue history and growth rate from 2010 to 2024. Revenue can be
defined as the amount of money a company receives from its customers in exchange for the sales
of goods or services. Revenue is the top line item on an income statement from which all costs
and expenses are subtracted to arrive at net income.
Amazon revenue for the quarter ending March 31, 2024 was $143.313B, a 12.53% increase
year-over-year.
Amazon revenue for the twelve months ending March 31, 2024 was $590.740B, a 12.54% increase
year-over-year.

Amazon annual revenue for 2023 was $574.785B, a 11.83% increase from 2022.
Amazon annual revenue for 2022 was $513.983B, a 9.4% increase from 2021.
Amazon annual revenue for 2021 was $469.822B, a 21.7% increase from 2020 .


https://www.macrotrends.net/stocks/charts/AMZN/ama...

So roughly speaking, it appears that Amazon is posting almost (sometimes more than) twice as much as WalMart. If these trends keep up, Amazon will be bigger than Walmart in 2026 in terms of sales.

Personally, I get an Amazon box multiple times a week and have spend many thousands of dollars with them year after year. My brother and I compared notes; he won with more than 125 deliveries last year. Meanwhile I go to Walmart when I need something like a car battery or maybe a fresh plant. Otherwise, it’s a rare event. I probably go to Target as much or more than WalMart. Obviously YMMV.

My personal memory is that the consensus was WMT was doomed to fail whereas AMZN would revolutionize grocery delivery.

I don’t remember that, and if I had I would have doubted it because Whole Foods is not a “mass market” grocer, and trades in a completely different environment than Kroger, WalMart, etc. Perhaps some people thought it would, but clearly they were wrong.
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