Amazon’s physical grocery push deepens its fight against rival Walmart

Amazon was once the upstart running ahead of Walmart with its revolutionary e-commerce business. It now finds ‍itself betting on the kind of mega-store ​typically associated with its Bentonville, Arkansas, rival.

Analysts expect Amazon’s fourth-quarter physical store revenue, which ⁠includes Whole Foods, Amazon Fresh and Amazon Go sales, to increase 5.4% from a year ago to $5.9 billion when it reports results on Thursday, according to estimates from LSEG. Overall earnings are expected at $1.97 a share.

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