Amazon surpassed its retail rival Walmart in quarterly sales for the first time ever. Walmart held the top spot in that department for over a decade. Amazon owes much of its success not only to its retail arm,

Amazon (AMZN) quarterly sales beat those of Walmart (WMT) for the first time in what could be something of a changing of the guard moment,

Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue during the fourth quarter. That beat Walmart’s sales for the period,

Amazon (NASDAQ:AMZN) has surpassed Walmart (NYSE:WMT) in quarterly sales for the first time ever, bringing the e-commerce giant closer to catching up with the world's largest retailer. Walmart (NYSE:WMT) on Thursday reported fourth-quarter revenue of $180.