Search results
May 13, 2023 · Best Buy is currently one of Walmart’s top competitors, thanks to the company’s innovative ship-from-store capabilities, integrated strategy, and market success. The consumer electronics retailer operates 1,043 stores across the U.S., with nearly half of them utilizing its Ship-from-Store program.
Oct 20, 2023 · With 50% of U.S. e-commerce flowing through its site, Amazon is arguably Walmart‘s strongest competitor. "Amazon is beating Walmart on price, services and delivery," analysts at Needham & Company wrote. As a shopper, you‘ll delight in Amazon‘s unrivaled selection, ease of purchase, and speedy Prime delivery.
- (1)
People also ask
Who are Walmart's biggest competitors?
Is Amazon a competitor to Walmart marketplace?
Is best buy a competitor to Walmart?
Is Kroger a competitor to Walmart?
Apr 20, 2024 · In terms of store footprint, merchandise mix, and average basket size, Target is Walmart‘s most direct competitor. Target operates about 1,900 stores in the U.S. compared to Walmart‘s 4,700 namesake locations.
- Amazon
- Target
- Costco
- Kroger
- Alibaba
- Home Depot
- Best Buy
- Cvs Health Corporation
- Walgreens
- Tesco
Year founded: 1994 Headquarter: Seattle, Washington Amazon is a global eCommerce powerhouse and Walmart’s top competitor. In 2020, Walmart Marketplace reached 70,000 sellers and is expected to grow 146% by the end of 2022. Despite this success, Amazon still dwarfs Walmart Marketplace. Amazon has over 2 million sellers on its US third-party store an...
Year founded: 1902 Headquarter: Minneapolis, Minnesota Targetis one of the third largest discount retailers globally, with $78 billion in revenues in 2020. The retailer operates 1,868 stores across North America and competes with Walmart both offline and online. About 24% of its income comes from beauty care products, 20% from apparel, 20% from foo...
Year founded: 1983 Headquarter: Issaquah, WA Costco is a members-only wholesale retailer and competes with Walmart and its subsidiaries. Like Sam’s Club, Costco offers a variety of products through warehouses and eCommerce platforms. The wholesale giant operates 804 stores globally with 558 in the US. and generated $163 billion in revenues in 2020....
Year founded: 1883 Headquarter: Cincinnati, Ohio Kroger is one of the world’s largest food retailers. It generated $132.5 billion in sales for fiscal 2020 ended in April 2021, an increase of 8.4% y-o-y. The retailer operates 2,764 department stores in the United States and employs 450,000 people. Kroger developed fulfillment centers, which cost ove...
Year founded: 1999 Headquarter: Zhejiang, China Alibaba is one of the world’s largest eCommerce giants. It competes against Walmart in the global arena via Alibaba.com, which operates in over 200 countries. In 2019, Alibaba.com opened its marketplace for American suppliers. It attracted more than 10 million businesses within one year. In 2021, Alib...
Year founded: 1978 Headquarter: Atlanta, Georgia Home Depot is a specialist in home improvement and operates about 2,269 stores worldwide. The company offers construction materials, tools, fittings, lawn and garden products, and more. In 2020, Home Depot’s revenues jumped nearly 20% to $132.1 billionwith $12.9 billion in profits. Its interconnected...
Year founded: 1966 Headquarter: Richfield, Minnesota Best Buyis a consumer electronics retailer with 1779 stores in North America. The company implemented innovative ship-from-store capabilities in 450 stores with four fulfillment hubs. This integrated strategy boosted Best Buy’s pickup and delivery capabilities, leading to a 242% increase in domes...
Year founded: 1963 Headquarter: Woonsocket, RI CVS is a pharmacy chain with 9,900 stores and 1,100 walk-in medical clinics in the United States. It serves 92 million members and competes against Walmart’s drugstores. In 2020, CVS generated $91 billion in retail and pharmacy revenues. Currently, CVS holds 24.8% of the market versus 4.7% for Walmart....
Year founded: 1901 Headquarter: Deerfield, Illinois Walgreens is a retail and wholesale pharmacy chain with around 18,750 stores in 11 countries and territories. It employs close to 250,000 people and supplies pharmaceuticals to more than 24,000 pharmacies annually through 400 distribution centers worldwide. In 2020, Walgreens’ total revenue grew 6...
Year founded: 1919 Headquarter: Hertfordshire, UK Tesco is the largest supermarket chain and retailer in the UK, where it generates nearly 80% of its revenues. The retail giant operates more than 3,700 locations in the UK, Europe, and Asia. Online grocery sales make up 18% of Tesco’s total revenues. In 2020, Tesco saw a 7% increase in sales to more...
- Kroger. As a major retail player in the United States, Kroger poses a significant threat to Walmart’s dominance. Kroger, like Walmart, is a grocery store chain with pharmacies on-site.
- Amazon. Amazon, which is both a global tech giant and a substantial online retail business, is famous for information technology, artificial intelligence, cloud computing, and e-commerce.
- Target. Walmart is a rival of Target because both stores operate in a national retail environment and offer a wide range of products for consumers of all tastes, styles, and budgets.
- Costco. Consumers can purchase everyday products at Costco, including groceries and household products. In addition, it is known for providing quality brand-name products, which include jewelry, clothing items, and housewares, to name a few.
As of now, Walmart’s biggest competitor by market share is Amazon. Operating over 10,500 stores and clubs worldwide, Walmart has slightly better financial metrics than its rival. Nonetheless, Amazon is now topping the eCommerce game and shows no sign of slowing down.
Who is Walmart’s biggest competitor. The biggest competitor of Walmart is Costco, the second biggest retailer corporation that was created in 1983 and today operates 800 department stores worldwide.
