Walmart and Amazon are widely known for their domination in one realm (brick-and-mortar stores and an online marketplace, respectively), but, as each company continues to expand and experiment, differences are diminishing.
Walmart launched its in-home delivery service this summer and then, in October, Amazon launched its own version, Amazon Key.
This year, Walmart also decided to up its online retail game, introducing two-day free shipping for a $35 minimum purchase — the same deal Prime members receive if ordering from Amazon. Walmart has also increased its online offerings from 8 million to 23 million products, according to Business Insider.
Perhaps the best example of where the two battling retailers are going head-to-head is in the grocery store.
This summer, Amazon bought Whole Foods Markets for $13.7 billion, giving grocers everywhere concern they were about to be replaced for a faster, online model. Meanwhile, Walmart has already been working on their approach for online grocery delivery in China where the company has 400 stores set-up along with a network of warehouses, artificial technology and workers, as Bloomberg reports.
“The digital part of the business improves the rest of the offline business,” Walmart’s Ben Hassing, senior vice president of e-commerce in China, told Bloomberg. “By offering fresh on e-commerce, there are benefits to our business that go beyond simply selling more fresh.” Or, we’re coming for you.