, Columnist
Walmart Fends Off Amazon by Playing to Its Strengths
It had another strong quarter by leaning on services like click-and-collect grocery that give it an edge over the e-commerce giant.
A winning strategy.
Photographer: Andrew Harrer/Bloomberg
This article is for subscribers only.
Walmart Inc. keeps pressing its advantages over Amazon.com Inc., and it keeps getting results.
The big-box giant said Thursday that comparable sales at its U.S. business rose 3.4% in the first quarter from a year earlier, its strongest performance on that metric in the period in nine years. The gain reflected both an increase in traffic as well as shoppers spending more per transaction. Online sales rose 37 percent from a year ago.