Can Walmart Catch Amazon In E-commerce?

The pandemic has caused major demand for Walmart and Amazon ecommerce. How is Walmart taking on Amazon?

Retail Quotes

“We’re going to make shopping with us faster, easier and more enjoyable. We’ll do more than just save customers money and you, our associates, will make the difference. Looking ahead, we will compete with technology, but win with people. We will be people-led and tech-empowered.” ~Don McMillon, Walmart CEO.
“We’ve done price elasticity studies, and the answer is always that we should raise prices. We don’t do that, because we believe — and we have to take this as an article of faith — that by keeping our prices very, very low, we earn trust with customers over time, and that that actually does maximize free cash flow over the long term.” ~Jeff Bezos, Amazon CEO.
“I try to make myself happy because I know that if I’m not happy, my colleagues are not happy and my shareholders are not happy and my customers are not happy.” ~Jack Ma, CEO Alibaba.
“The smartest people are constantly revising their understanding, reconsidering a problem they thought they’d already solved. They’re open to new points of view, new information, new ideas, contradictions, and challenges to their own way of thinking.” ~Jeff Bezos
“COVID-19 has caused demand for ecommerce to increase greatly and Walmart and Amazon are doing everything possible to meet the demand.” ~Dave Waters
“I was always intrigued when I was growing up, and then in engineering school, with the idea of a perpetual machine. I think of the Wal-Mart culture as that.” ~Mike Duke, former Walmart CEO.