Amazon and Walmart are two of the leading companies in the retail market. Walmart's success is due to innovation in its supply chain that has improved the efficiency of the distribution of its products. The two rivals have been engaged in competition as they each strive to become the dominant player in the retail sector. Amazon and Walmart's strategies for success include acquiring small businesses. For Amzon, they acquired: Whole Foods, America's largest organic grocery store, Pill Pack, a pharmaceutical company that makes it easier to order and receive life-saving medications, and Ring, to expand into the security and safety sector. home surveillance. Walmart acquired Jet.com to expand its e-commerce customer base. They also purchased Shoebuy, Bonobos, Moosejaw and Parcel in order to move into the beauty and clothing industry. Say no to plagiarism. Get a Custom Essay on “Why Violent Video Games Should Not Be Banned”?Get the original essayAmazon has made a number of significant mistakes in its attempt to become the number one retail marketplace in America. Their flagship phone, Amazon Fire, managed to sell less than fifty thousand units worldwide and was forced to stop production of its phone after dismal sales. Indeed, Walmart's acquisition of Jet.com for three billion dollars was overvalued since it was a start-up that had only existed for a few years. This may not meet Walmart's ambitious expectations in the e-commerce sector. Amazon is heavily favored to win this competition as they have a foot in the online retail sector while Walmart is transitioning from physical stores to online sales. Amazon is an American e-commerce and cloud computing company based in Seattle, Washington, which was founded by Jeff Bezos on July 5, 1994. The technology giant is the world's largest Internet retailer by revenue and in market capitalization, and second only to Alibaba Group in terms of total sales. Amazon dominates the online retail industry, controlling 44% of all e-commerce sales in the United States in 2017. Amazon has created more than 1.7 million direct and indirect jobs worldwide. In 2017 alone, Amazon directly created more than 130,000 new jobs, not including acquisitions, bringing the global workforce to more than 560,000 people. In 2017, Amazon shipped more than five billion items with Prime worldwide. Walmart Inc is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores and grocery stores headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in 1962. Walmart has 11,718 stores and clubs in 28 countries. It is the world's largest company by revenue – more than $500 billion according to the Fortune Global 500 in 2018 – as well as the world's largest private employer with 2.3 million employees. employees. It is a family-owned, publicly traded company, as the company is controlled by the Walton family. Walmart was the largest grocery retailer in the United States in 2016, and 62.3% of Walmart's sales, or US$478.614 billion, came from operations in the United States. In fact, the author of Walmart Effect, Mr. Charles Fishman, pointed out that the company alone accounts for 2% of the US economy. The nature or basis of competitive rivalry; Amazon and Walmart are in the retail business. The retail sector has itscomponents. You have clothing and apparel, groceries, electronics, pharmaceuticals, and beauty and fashion products. To this end, there has been intense competition. Walmart dominated the industry for decades, becoming one of the largest retail companies in the world. They achieved this by establishing an efficient and complex logistics system. With seventy percent of all U.S. freight transported by trucks, Walmart has cut costs by using its own trucks and trailers to deliver goods from warehouses to its stores. This resulted in low prices for products sold at Walmart locations. Recently, Amazon has dominated the e-commerce side of retail shopping than Walmart. It looks like Amazon has more momentum. Amazon's market share is growing as more consumers turn to e-commerce. But. It also appears that it would be easier for Walmart to expand its online business than for Amazon to expand its presence in physical stores. Key strategic successes of each company or group of companies; For Amazon, their success is due to their strategy of not having physical retail stores. The company uses the saved capital to invest in research and development. Innovation in its logistics sector Over the past 20 years, Amazon's operational strategy has evolved from an online retailer to a B2B service provider, offering a critical infrastructure stack as a service to others. businesses. The Amazon Prime membership, which offers free two-day shipping, has been a marketing success. Amazon Prime now has around a hundred million subscribers. They leverage technology to expand their margins. One example is the use of thousands of robots in their warehouses to improve efficiency. Amazon's cloud business, Amazon Web Services, has clearly been Amazon's growth engine in recent years. Now on track to generate nearly $25 billion in revenue over the next 12 months, AWS continues to be the backbone of Amazon's expansion. More than 300,000 U.S.-based small and medium-sized businesses started selling on Amazon in 2017 by buying an online pharmacy startup called PillPack for $1 billion, which will give it pharmaceutical licenses in nearly all countries. States once the transaction is concluded. This accelerated its go-to-market process by several years and gave it the opportunity to generate billions in revenue by targeting those who pay cash for their drugs before later moving into the more complex insured market. Amazon also bought Ring, a smart company. doorbell maker that streams audio and video to cell phones for about $1 billion. They want to expand into the home security and surveillance sector. It made this acquisition to solve the problem of widespread theft of delivery packages that customers are complaining about. But many customers are hesitant and wary of a company having access to their home at all times. Additionally, the data they collect through audio and video streaming raises many privacy concerns. Although Amazon's advertising business is still minimal compared to Google and Facebook, which collectively account for more than half of the digital advertising market, it is on track to become the third largest advertising player in the United States by 2020. Walmart acquired Jet.com in August. 2016, Shoebuy in January 2017, Moosejaw in February 2017, Modcloth in March 2017, Bonobos in June 2017 and Parcel in September 2017...