Walmart is catching up to Amazon in the online grocery wars: Citi

finance.yahoo.com/news/walmart-is-catching-up-to-amazon-in-the-online-grocery-wars-citi-193613085.html

E-commerce behemoth Amazon (AMZN) has been the dominant force, but Walmart (WMT) is giving it a serious run for its money, according to Citi.

The firm conducted a survey asking 2,000 U.S. consumers, more than 200 supermarket managers and Citi’s global consumer analysts about the current state of the online grocery wars.

“Our analysis found that consumers most frequently indicated that Walmart had the best delivery among food retailers. Additionally, Walmart delivery appeared to be the most accessible, appearing most frequently on respondent rank orders,” analyst Gregory Badishkanian wrote in a note to clients Friday.

 

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