Is Walmart the Real Black Friday Winner?
Amazon.com (NASDAQ: AMZN) may have won Black Friday, but the day's cultural significance is over, broken by the pandemic, supply chain, and runaway inflation woes which made retailers push for early access to holiday deals this year.
For the first time ever, Black Friday sales were lower than those from a year ago, as were sales made on Cyber Monday. And while Amazon captured over 18% of online Black Friday purchases, Walmart (NYSE: WMT) may be the retailer to watch going forward.
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Source Fool.com
