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Amazon Grabs 16.2% of Clothing Sales, Leaving Walmart Behind

  • Amazon's market share in clothing sales has reached 16.2%, leaving Walmart behind.
  • Amazon's growth is driven by gaining a larger share of discretionary spending, while Walmart's growth remains tied to essential goods.
  • Amazon is making inroads into grocery sales, gradually eroding Walmart's dominance in that category.
  • Amazon's focus on eCommerce, accounting for 86% of its sales, contrasts with Walmart's reliance on brick-and-mortar stores.

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