Amazon And Walmart’s Battle For Consumer Retail Spend
PYMNTS
SEPTEMBER 4, 2020
But in other ways, it was business as usual, as the two biggest retailers in the world – Walmart and Amazon – posted stellar earnings numbers and competed in more muted ways for the U.S. percent of total consumer spending in Q2 (spanning all categories, including retail) and 9 percent of total retail spending. billion to $110.5
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