Walmart Fooled Us Into Believing It’s an Underdog

Amazon is the worst kind of company to compete against because they don’t mind burning money to grab market share.

And then there’s Amazon, which already accounted for nearly 40 percent of all US online retail sales — that’s around eight times more than its next competitor, Walmart. Before the pandemic, the US e-commerce industry only represented between 10 percent and 15 percent of overall retail. Now, that percentage seems likely to grow, setting up Amazon to... See more