Off the top of your head, who do you think has more revenue in a year: Wal-Mart or Amazon? Tyla and I chatted about this while doing our Christmas shopping and we both thought it had to be Amazon. Wrong. In 2013, Wal-Mart had $469 billion in revenue compared to Amazon’s $74 billion. And looking at the charts, they both appear to be growing at about the same rate so it’s not like Amazon is on pace to catch them any time soon.
Wal-Mart is a sales juggernaut. It’s surprising to me but that’s just my own shopping bias. I only have two transactions at Wal-Mart in the last 2.5 years compared to hundreds at Amazon, but obviously most of the country is the opposite. I wonder where it will be in 10 years?