Walmart, tariffs, and China: a cautionary tale
The Chinese ministry of commerce has held talks with Walmart, after the US retailer said ...
© Clare Jackson
Amazon has been a relentless driver of change in the ecommerce arena, forcing competitors to try to catch up in a robust push for faster deliveries.
But in a twist of the plot, losing ground to Walmart and low-cost Chinese players Temu and Shein, the behemoth has been forced to change strategy.
In the past two years, Amazon rented out its unused warehouse capacity as the pace of ecommerce growth slowed, leveraging its network to accelerate the pace of deliveries. But today ...
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