The retail giant has been testing and investing in key areas of omnichannel fulfillment, including automated distribution centers and on-demand delivery, to compete with Amazon and grow revenue.
Walmart is chipping away at Amazon’s lion’s share of e-commerce sales.
With 90% of Americans living near a Walmart, the retailer has been leveraging its vast store footprint and distribution systems to provide customers with flexible and convenient fulfillment options. Its e-commerce business grew by 23% from 2020 to 2022.
The retail giant has been playing catchup with Amazon through in-house experimentation, investments in emerging solutions, and acquisitions of leading tech providers. We used the CB Insights platform to benchmark Walmart’s activity across key areas of omnichannel fulfillment.
Want to see more research? Join a demo of the CB Insights platform.
If you’re already a customer, log in here.