Walmart is becoming the new Amazon as customers make smaller, but frequent purchases: ‘That’s a trend that’s not going to reverse,’ CFO says

CFO John David Rainey said Wednesday that Walmart+ customers, on average, spend twice as much on online orders as the retailer’s other shoppers.

By: Yahoo Entertainment

Jun 18 2024
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Walmart is becoming the new Amazon as customers make smaller, but frequent purchases: ‘That’s a trend that’s not going to reverse,’ CFO says — Walmart is becoming the new Am

As the battle for e-commerce dominance wages on, Walmart CFO John David Rainey says the company has the tools to edge out competitors. The Arkansas-based retail giant has seen more frequent, yet smal… [+3431 chars]

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