Analysts anticipate that Walmart and Amazon will continue to strive for dominance in 2023:
“Stepping back a bit, one can see that the same inflationary economic circumstances had inverse effects on the two retail titans. One the one hand, rampant consumer belt-tightening and bargain hunting handed Walmart a short-term windfall — especially in its massive but low-margin grocery business — for sticking to a game plan it has run for 60 years.“
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