When Amazon Came To Town
In what some people are calling “a taste of their own medicine,” Walmart has suffered at the hands of Amazon. As an online shopping platform, Amazon offers consumers a place to buy from all over the world. At the same time, the company can avoid so many taxes that Walmart can’t. Amazon has surpassed Walmart as the world’s largest retailer outside of China for the first time.
When Amazon Came To Town
According to a story in today’s New York Times, Amazon sold more than $610 billion in items in the 12 months that ended in June, compared to $566 billion in sales by Walmart in the same period.
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