Walmart is no longer playing catch-up with Amazon, according to Barclays.
Walmart has shifted to “playing offense” against its biggest rival, and the retailer has two strengths giving it a key advantage: its physical stores and its grocery business.
“Walmart has an omni presence – Amazon does not – and Walmart can leverage its 3,522 US Supercenter units to gain a meaningful advantage over Amazon,” analysts wrote in a research note published Wednesday.
