Amazon and Walmart are becoming more competitive in their quests to dominate the retail market. This is good for consumers who benefit from low prices and new services:
“The two companies also have differing emphases. Walmart is a discount retailer and is known for its ‘everyday low prices’ model. Amazon offers higher quality merchandise and approaches e-commerce with innovation. For example, it’s hard to imagine Walmart experimenting with drones to deliver packages.“
As Walmart and Amazon hone their respective competitive edges, expect changes in policies that help the retailers keep prices down and in-stock availability up. Stay on top of these changes so that you can maintain a strong relationship with the retailer.