The ongoing clash of the titans between Amazon and Walmart has entered a new arena: the grocery aisle. The two giants have long battled — Amazon (Nasdaq: AMZN) dominating the online market, Walmart (NYSE: WMT) the reigning king of brick-and-mortar retail — for customers by using rock-bottom pricing on staples ranging from bicycles to body wash. But with Amazon’s $13.7 billion recent deal to buy Whole Foods Market (Nasdaq: WFM), the two heavyweights now are on track to expand their turf war into…
from https://www.bizjournals.com/baltimore/news/2017/07/24/walmart-can-shrug-off-amazons-grocery-run-for-now.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/163364571737
No comments:
Post a Comment