Jim Anderson/AP Photos
- The retail sales market will grow to $ 4.3 trillion by 2021, Morgan Stanley analysts estimate.
- Walmart‘s opportunity for upscaling its customer base, which includes low income earners, is greater than Amazon’s opportunity for downscaling, they said.
- But competition with Amazon may weigh on Walmart’s margins.
- Watch Walmart trade in real-time here.
Walmart has an advantage over Amazon in their fight for the $ 3-4 trillion retail market, according to a group of analysts from Morgan Stanley.See the rest of the story at Business Insider
NOW WATCH: Is marrying your cousin actually dangerous?
See Also:
- 3 dead, including gunman, after mass shooting at Madden video game tournament in Jacksonville, Florida
- Police have identified the suspect in the deadly shooting in Jacksonville — here’s what we know about him
- I visited Singapore, the outlandishly wealthy setting of ‘Crazy Rich Asians,’ and was surprised by how much fun you can have even without billions
SEE ALSO: Walmart’s new feature has its e-commerce business growing faster than Amazon’s