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The Journal.

The Battle to Be the King of Retail: Walmart vs. Amazon

The Journal.

The Wall Street Journal

Daily News, Business News, News

4.2 • 5.3K Ratings

🗓️ 18 March 2025

⏱️ 18 minutes

🧾️ Download transcript

Summary

Walmart has been America’s largest retailer by revenue for over three decades. But that title might change hands this year, with Amazon hot on the supercenter’s heels. WSJ’s Sarah Nassauer explains how Walmart has fought hard to keep its crown.  Further Reading: -How Walmart Built the Biggest Threat Amazon Has Faced  -Walmart’s Reign as America’s Biggest Retailer Is Under Threat  Further Listening: -The 20,000 Steps to a Walmart Manager’s Six-Figure Salary  -What Walmart’s Aisles Say About the American Consumer  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

There's like a genre of story that is the David versus Goliath story, but this is like a Goliath

0:14.0

versus Goliath story.

0:15.0

It's a Goliath versus Goliath story and everyone else suffers in some way.

0:20.0

The two Goliaths in this story are the king of retail, goliath story and everyone else suffers in some way.

0:27.4

The two goliaths in the story are the king of retail and the king of the internet, Walmart and Amazon. What are these two goliaths fighting for? They're fighting for, you know, the

0:35.4

dollars of the American consumer.

0:38.2

That's our colleague Sarah Nassauer.

0:40.9

And she says this year, Amazon could take Walmart's crown.

0:46.3

A crown Walmart's held for more than three decades.

0:50.1

The nation's number one retailer by revenue.

0:54.4

And is Walmart putting up a fight to keep its crown?

0:58.3

Yeah, they are fighting for the king of retail title.

1:00.5

I think that probably within Walmart,

1:04.8

I can sense that there's been a shift from defining, like, internally,

1:10.1

culturally themselves as the country's largest retailer

1:13.4

by revenue to the country's most convenient or most helpful retailer.

1:21.3

You know, they, I think there will be kind of an identity process, an identity shift

1:26.6

when that moment happens.

1:28.5

What will that mean for them?

1:30.5

I mean, I think it, you know, you could look at it as super meaningful or not that meaningful,

1:35.5

and there's arguments for both.

1:39.3

But I think sort of culturally, internally and sort of psychologically, it is very meaningful.

...

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