Name: Amazon vs. Walmart: How the Giants Look to Each Other to Best Each Other | WSJ
Uploaded: 2022-04-22T01:02:32.000Z
Duration: 7 min 51 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

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It's filled with robots that pick out products

a company that accounts for an estimated 40%

but also has dozens of physical grocery stores

a company that took in around $327 billion

from its physical stores in the U.S. last year

but is also investing heavily in its e-commerce business.

of the estimated $5 trillion U.S. retail market,

has started to blur the lines between the two.

in on each other's turfs because they're so big.

and they want to be that place that people go to

at how the Venn diagram that is Amazon and Walmart

What are the areas these companies are competing in today

and will their fight for retail dominance

The competition between these two wasn't always obvious.

Amazon built its everything store for the online shopper.

is by appealing to people with fast delivery,

- [Narrator] Walmart designed its super centers

putting stores near American homes and promising them

- [Advertiser] Walmart, always low prices, always.

- [Narrator] A majority of retail sales still happen offline

but as online sales have grown each year,

so too, has this head to head competition.

- The American consumer is really fickle.

and a whole range of other products and services.

And I think the biggest players are trying to do them all.

expanding into groceries, not just for delivery either.

- Amazon Fresh is more like your traditional grocery store.

from brands that you're probably familiar with.

And you'll probably also find items at low prices.

Walmart is the undisputed leader in grocery.

- Walmart is a massive retailer that really

at its base is an American grocery chain.

It sells other things, but most of its sales and profits

of overall grocery spending in the U.S. in the last year.

made up about 3% of spending in the sector.

But adding Amazon Fresh to the mix gives the company

a store that experts say is priced to compete with Walmart.

and people I've spoken to in this space have said

that it essentially it gives Amazon access to more data

it would refocus its physical retail efforts

- It also serves as an avenue to sort of try out

some of these technologies that they've come up with

- [Narrator] Just Walk Out, which allows customers to shop

The company's Dash Carts which also allow customers

to skip the checkout lines by paying from the cart instead

Why a customer might pick Amazon Fresh over Walmart.

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Amazon vs. Walmart: How the Giants Look to Each Other to Best Each Other | WSJ

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