Salient to Investors:
Kantar Retail research showed 36 items across four categories including edible grocery, non-edible grocery, health and beauty aids and general merchandise were on average 20 percent more expensive at Amazon than at Wal-Mart. On goods such as food, Amazon’s prices were almost 60 percent more. Five years ago, about a quarter of Wal-Mart’s customers shopped at Amazon, now half say they do.
Prices at Wal-Mart online are on average 7 percent cheaper than Amazon’s. Amazon’s Subscribe and Save program can get close to Wal-Mart’s prices.
Read the full article at http://www.bloomberg.com/news/2012-06-22/wal-mart-beats-amazon-prices-including-glee-dvd-set.html