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Sarah Halzack

Amazon Beats Walmart Again in Latest Showdown

The retail giants’ rivalry is making them mirror images, but Amazon’s Walmart-like delivery hubs get the win over Walmart’s Prime killer.

There can be only one winner.

There can be only one winner.

Photographer, left: Krisztian Bocsi/Bloomberg; right: Michael Nagle/Bloomberg

If imitation is the sincerest form of flattery, then retailing rivals Inc. and Walmart Inc. have been offering each other some serious compliments lately. 

Bloomberg News’s Spencer Soper reported this week that Amazon is planning to add 1,000 small delivery facilities to suburbs and cities, giving the e-commerce giant more of the proximity to its customers that Walmart has long enjoyed. That came shortly after the launch of Walmart+, a membership program that is an answer to Amazon’s Prime subscription, and a statement by Walmart that it continued to be interested in investing in TikTok Inc., moves that show the big-box chain’s desire for its business model to look more like that of the tech company.