Amazon Surpasses Walmart in Revenue For First Time 24
Amazon has dethroned Walmart in quarterly revenue for the first time ever. From a report: Amazon said earlier this month that it brought in $187.8 billion in revenue during the fourth quarter. That beat out Walmart's sales for the period, which came in at $180.5 billion, the company reported on Thursday. Since 2012, Walmart has held the distinction of being the top revenue generator each quarter, a title it gained after overtaking oil giant Exxon Mobil. Walmart still leads the way in annual sales, though Amazon is gaining ground. Walmart is projected to reel in $708.7 billion in the fiscal year ahead while Amazon's full year revenue for 2025 is expected to reach $700.8 billion, according to FactSet.
Film at 6:66 (Score:1)
Didn't realize Walmart was still #1 (Score:2)
Wow, I did not realize Amazon had still not surpassed Walmart. And from what I am reading, this also includes AWS, which is even more surprising to me!
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Well the fact that you don't live in the US explains it. Walmart has more than 4,700 stores, each of which is a medium-sized business with hundreds of employees. Where I live in Houston, Texas, there are 8 "Super" Walmart stores within 5 miles. So yes, lots of people shop there.
Walmart is also the biggest grocery chain in the US, a category which Amazon has never been able to really get traction in.
Amazon just seems more popular because the delivery trucks are constantly prowling neighborhoods, but usually,
/. No longer working with NoScript? (OT) (Score:2)
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zOMG SOMEBODY HAS HACKED YOU !!! Immediately throw away your computer in a dumpster and sterilize it with fire. Second, decontaminate your home by spraying two or three cans of bug spray everywhere especially nooks and crannies. Then take shower and wear new clothes. Sleep at a hotel for the next few weeks while you sell your home.
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In the last 1-2 months, slashdot occasionally crashes on one of my ad blockers claiming I have a bad ad blocking rule. When that happens I reload until it displays properly. I assume one of their third party ads has some anti ad blocker thing going on. You might be seeing the same thing if the problem is intermittent.
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I can't use my phone on my home network because their ad servers get bitchy about my Pihole blocking things.
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For the last few months, Slashdot's owners have been toying with an anti-adblocking service called Ad-Shield [adexchanger.com].
Ad-Shield is a very thorough and very heavy-handed service that has multiple layers of checks to ensure that ads are loading. And a lot of those checks require JavaScript to run. So Ad-Shield makes the site unusable without JS in order to make it
WM made some dumb decisions... (Score:1)
I'd probably say part of it are a few decisions on WM's side. One of which was the self checkout thing, where it was reported that more LP people had to be hired than cashiers, and it didn't help shrinkage [producebluebook.com]. Then the fact that WM dropped 24 hour stores, and oftentimes, those were the only times where people could fetch things.
Of course, the fact that WMs lock up everything including underwear isn't good either.
WM can turn this around. Go back to checkers and some more staffing. Offer something like Amazo
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The self-checkout thing is annoying but I don't really mind. I typically only have a few items and I can get through a self checkout pretty fast. When MOST people are using them though then inevitably the slow pokes who can't figure it out still manage to clog up the process.
24 hour stores I also deeply miss but realistically as someone who often went there are weird hours of the morning, the stores were nearly empty during those times. They probably weren't making enough money to justify it hence why th
Re:WM made some dumb decisions... (Score:5, Interesting)
Walmart isn't losing money, at all. Their overall strategy is correct .. even if they needed more LP hires, because their profits and revenue is growing. If they tried to become Amazon they would fail. Self-checkout is convenient .. they are still making money off it by the improvements in number of customers. Walmart's revenue and profits and its customers are both growing, they're not headed for the poor house any time soon. References: https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fcompaniesmarketcap.com... [companiesm...cap.com...] [companiesmarketcap.com] https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.macrotrends.net%2Fst [macrotrends.net]... [macrotrends.net]
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Walmart isn't losing money, at all. Their overall strategy is correct .. even if they needed more LP hires, because their profits and revenue is growing. If they tried to become Amazon they would fail. Self-checkout is convenient .. they are still making money off it by the improvements in number of customers. Walmart's revenue and profits and its customers are both growing, they're not headed for the poor house any time soon. References: https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fcompaniesmarketcap.com... [companiesm...cap.com...] [companiesmarketcap.com] https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.macrotrends.net%2Fst [macrotrends.net]... [macrotrends.net]
Walmart may not be headed for the poor house. But if their customer base is in fact growing, then they’re likely stealing customers from those who are headed that way.
Three popular local grocery stores are within a mile of my local Walmart. They’re about as crowded as an abandoned mall these days. Everyone is penny pinching. And when you do that by choice or force, lowest price wins. Screw brand loyalty.
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Amazon is good at curating all the odd bits of Chineseum that one could want but Walmart, in the Americas at least, is better when you need the basics right now. BnM locations will always beat "next day" for a large number of immediate-need everyday items. I also think Walmart's attempts at e-commerce are a pretty good attempt at curbing Amazon's dominance. I wish we had a good 3rd competitor but Sears F'd themselves when they decided back in the late 90s that they were a real estate holding company that al
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The Walmart website is harder to navigate and has a worse layout. Generally it has a smaller selection and higher prices. It also seems to try to sell you what they want to sell as opposed to what you want to buy.
Re:WM made some dumb decisions... (Score:5, Informative)
Walmart and even Target are frequently cheaper than Amazon.
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That, and you're not as likely at Walmart to accidentally buy a fraudulent knockoff.
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Keep in mind that Amazon only tops Walmart if you include AWS.
All this money (Score:2)
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Resources are allocated depending on what's making them money. Twitch isn't exactly raking in a ton of money at the moment, and they're not likely apt to subsidize it with funds from other divisions.
Unfair (Score:2)
Whales can't reach Walmart stores, while they can order Amazon at home in between Doritos break.
Walmart is still growing, just not as fast as Amaz (Score:2)
Its revenue and profits and its customers are both growing, they're not headed for the poor house any time soon. References: https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fcompaniesmarketcap.com... [companiesmarketcap.com] https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.macrotrends.net%2Fst... [macrotrends.net]
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I'd imagine that both Walmart and Amazon are both being impacted by the increased tariffs in China. Suddenly, half of the cheap plastic crap that they sell costs 10% more, and they're going to need to find new suppliers for much of their house branded products.
That said, Amazon still has the cloud hosting business help shore up their growth prospects for this year.
Walmart still leads US retail sales comfortably (Score:5, Informative)
2024 Walmart:
US sales $527B
International sales $114B
2024 Amazon:
US sales $387.5B
International sales $142.9B
AWS $107.6B
https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fir.aboutamazon.com%2Fnew... [aboutamazon.com]
https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.statista.com%2Fstati... [statista.com]