How does Walmart compete with specialty retailers like Best Buy or Home Depot?12. UnderstandingWalmart’s competitive landscapeis crucial not just for investors and business strategists, but for anyone interested in the ever-evolving world of commerce. The answer is multifaceted, encompassing a wide range of businesses fighting for the same consumer dollar. Online Retailers:This category is dominated byAmazon, a relentless force reshaping the retail landscape. Amazon’s vast selection, convenient delivery options, and Prime membership program pose a significant challenge to Walmart.