Cyber Monday Shows Wal-Mart Is Not Yet in Amazon's League
Wal-Mart (NYSE: WMT) has made major strides when it comes to becoming a serious digital player. By offering free shipping on eligible orders over $35 and allowing in-store pickup and return for online orders, it's even fair to say that the brick-and-mortar chain has established itself as a real rival for Amazon (NASDAQ: AMZN).
Cyber Monday, however, showed that while Wal-Mart may have upped its game, Amazon is playing on a different field entirely. The online retailer not only crushed its nearest rival, it actually conducted more transactions than the next 49 top retailers combined, according to one report.
Some Wal-Mart locations offer in-store pickup towers for online orders. Image source: Wal-Mart.
Source: Fool.com
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