Walmart (NYSE: WMT ) may be the largest company in the U.S. by sales, but it continues to make its top line bigger. For a while, it looked like rival Amazon (NASDAQ: AMZN ) was poised to overtake it, but Walmart is simply too big and too good to catch it. It’s a battle of true titans, as both companies have more than $600 billion in revenue over the past four quarters. Walmart delivered another outstanding quarterly report last week, and the growth drivers behind the results may surprise you. Two factors helping it move forward are e-commerce growth and an improved ability to attract higher-income customers — areas that historically haven’t been one of its strengths. But Walmart has made strategic changes to its e-commerce business, and it’s taking off. Can Walmart turn its business around and challenge Amazon in e-commerce? Walmart was late to the e-commerce boom, so it missed some early opportunities to dominate it. As the largest retailer in the US, it could have had an advantage. However, it has developed a strong e-commerce business in recent years. It was already well positioned when the pandemic hit and customers switched to online shopping, and although it is far behind Amazon, it is still in second place. Continue readingContinue to full Article at MotleyFool Continue to full Article at MotleyFool