In a significant shift in the retail landscape, Amazon has surpassed Walmart to become the largest company in the world in terms of revenue, with reported sales of $716.9 billion in 2025, marking a 12.4% increase from the previous year. Walmart, previously the leader for over a decade, recorded $713.2 billion in sales during the same period. This change signals a notable transformation in consumer spending habits, emphasizing a stronger shift towards online shopping in recent years.

The transition in leadership highlights the different growth trajectories between the two retail giants. According to Bloomberg, Amazon's revenue has grown ten times faster than Walmart's over the last decade, reflecting not only changes in consumer behavior but also effective business strategies. Jeff Bezos, Amazon's founder, has reportedly implemented various tactics similar to those used by Sam Walton, Walmart's founder, focusing on competitive pricing and customer-centric practices that have driven Amazon's explosive growth.

This milestone emphasizes Amazon's dominant position in the global retail market and could have significant implications for competition within the industry. As online shopping continues to rise, traditional retailers may need to adapt more aggressively to meet changing consumer needs and preferences, potentially leading to further alterations in market dynamics as companies vie to capture a share of this lucrative online consumer base.