B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Recent

71%

71% -- share of new online spending for Amazon and Walmart (2025)

2025  · Morgan Stanley

Amazon and Walmart accounted for about 71 cents of every new dollar spent online (71% of new online spending) in 2025.

  • Analysis by Morgan Stanley
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Attribution: Morgan Stanley View source
Lighthouse Research Team
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Source verified Evidence graded
Value
71%
Unit
Percentage
Data Vintage
2025
Entity
Amazon and Walmart
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

61/100 confidence

Single source - not yet corroborated

Extraction
75
Source Trust
60
Citation Chain
60
Independence
30
Methodology
45
Freshness
95
Morgan Stanley Primary Tier B
https://www.thecanadianvanguard.com/savvy-shoppers-kick-off-back-to-school-bargain-hunt-amid-cost-pr… ↗
Confidence: 59/100 Vintage: 2025 Channel: Deep Crawl
Source Article
Savvy Shoppers Kick Off Back-to-School Bargain Hunt Amid Cost Pressures - The Canadian Vanguard
Savvy Shoppers Kick Off Back-to-School Bargain Hunt Amid Cost Pressures American families are diving into back-to-school deals earlier than ever this year, snapping up discounts on backpacks, electronics and other school essentials even as higher food and gas prices leave many feeling stretched. Ama…
Original Research
Morgan Stanley · Original study ↗

Morgan Stanley analysis cited via news article

Methodology documented
Industrymarketing
Plain Text
Amazon and Walmart: 71% share of new online spending. Source: Morgan Stanley (2025). Via Lighthouse Intelligence -- https://lighthousedata.io/data/amazon-walmart-online-spend-share-71pct
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<blockquote cite="https://lighthousedata.io/data/amazon-walmart-online-spend-share-71pct" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>71%</strong> -- share of new online spending for Amazon and Walmart<br><small>Source: Morgan Stanley (2025) · <a href="https://lighthousedata.io/data/amazon-walmart-online-spend-share-71pct" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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