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Amazon's Retail Sales Lead Over Walmart
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Amazon surpasses Walmart in retail sales, with an 8.2% share of U.S. consumer retail spend in Q3 2023. Walmart's share stands at 7.2%. Amazon's online sales growth is 24%, outpacing Walmart's 24% growth. Amazon dominates key retail categories, outperforming Walmart.
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How might Amazon's dominance in retail sales impact the competitive landscape for other eCommerce players?
How might Walmart respond to Amazon's growing lead in retail sales?
What factors contribute to Amazon's success in capturing market share in key retail categories?
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