a battle between the Godzilla of retail and the King Kong of e-commerce
For now, Wal-Mart is far behind Amazon online. Trade publication Internet Retailer estimates Walmart.com had $1.7 billion in online sales last year, while Amazon had $19 billion. Wal-Mart disputes Internet Retailer’s figures because they don’t account for merchandise that’s bought online and picked up in stores, but declined to disclose details.