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Sat, Feb

Amazon Surpasses Walmart in Quarterly Sales for the First Time

Amazon Surpasses Walmart in Quarterly Sales for the First Time

World Maritime
Amazon Surpasses Walmart in Quarterly Sales for the First Time

Amazon has surpassed Walmart in quarterly revenue for the first time, marking a shift in retail dominance. Amazon reported $187.8 billion in revenue in the fourth quarter, while Walmart brought in $180.5 billion. While Walmart still leads in annual sales, Amazon is closing the gap. Projections show both companies nearing $700 billion in revenue for the fiscal year.

Amazon’s rapid growth isn’t just about selling more products—it’s about also about how it moves them. The company has built a faster and more efficient supply chain than ever. Its network of fulfillment centers, third-…

CONTINUE READING THE ARTICLE FROM Supply Chain 247 HERE

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