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News & Press: Industry

Walmart Set to Dethrone Amazon as New Online Grocery King

Monday, December 10, 2018   (0 Comments)
Posted by: Alyce Ryan
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Amazon.com (NASDAQ:AMZN) may own the online grocery segment at the moment, but Walmart (NYSE:WMT) is rapidly expanding its capabilities, which could lead to the supermarket giant toppling the e-commerce leader by the end of the year.

Deutsche Bank says Walmart is so strategically invested in its online business compared to its physical stores that it “is best positioned to continue to take both mind and market share going forward.”

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