Amazon Wins in Dry Groceries as Walmart Breaks a Sweat

Walmart may be well ahead of Amazon in terms of share of the total grocery market, but when it comes to the center aisles, the latter is pulling ahead.

According to PYMNTS data, Walmart’s share of the total food and beverage market is about seven times that of Amazon. Yet, when it comes to shelf-stable items, while Amazon is touting major gains, Walmart is feeling the pressure of rising costs and shrinking margins.

On the retail giant’s earnings call earlier this month, CEO Doug McMillon laid out the issue to analysts.