This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about. From an $775 safety pin to J. Jill’s first chief growth officer, here’s our closeout for the week. What you missed Walmart to transfer stock listing from NYSE to NASDAQ Walmart wil ...

Core Insights - Amazon and Walmart experienced their weakest quarterly sales growth since before the pandemic in Q1 2025, with Amazon at 3.7% and Walmart at 3.2%, indicating a return to normalized demand that is growing near the rate of inflation [1][5][8] - Both companies are losing ground in total consumer spending as consumers shift their spending from goods to services, housing, and healthcare [2][11][13] Sales Growth - In Q1 2025, Amazon's year-over-year growth was 3.7%, while Walmart's was 3.2%, both barely outpacing inflation [5][8] - Amazon's growth has typically hovered around 10% since 2022, making the recent 3.7% particularly disappointing [6] - Walmart's growth, usually around 5%, also contracted to historic lows [6] Market Share Dynamics - Amazon captured 8.6% of total retail spending in Q1 2025, its highest first-quarter share to date, while Walmart held steady at 7.7% [10] - However, when considering total consumer spending, Amazon's share declined to 3.3% from 3.4% and Walmart's to 2.6% from 2.8% year-over-year [12][13] Discretionary Spending Trends - Amazon's share of discretionary spending fell to 23% in Q1 2025 from 26% in Q4 2024, marking one of its lower Q1 discretionary shares since 2022 [14] - Conversely, Walmart's share of discretionary spending increased to 6.4% in Q1 2025, its strongest seasonal performance in two years [15] Consumer Behavior Shifts - The shift in consumer spending patterns indicates a focus on price and perceived value, particularly for Walmart, which may benefit from its historical price leadership and expanded eCommerce efforts [16][17] - Both companies face challenges in maintaining their share in discretionary spending, with Amazon needing to focus on pricing competitiveness and Walmart potentially reshaping its position in higher-margin segments [17]