Walmart is making a lot of progress in adapting its big-box approach to the 21st century and has become the second largest online retailer in the U.S. after Amazon. By giving workers raises and investing heavily in tech, its U.S. division has improved customer service and saw comparable sales rise each quarter in 2015. It is hoping to build on that with a major reset of its food business, which accounts for more than half of its sales, with a bigger focus on organic and fresh food, and by offering curbside order pick up. The retailer has also proven it can hold its own with the tech giants, rollouting out Walmart Pay across the U.S. But huge challenges remain for the world’s largest company. Its e-commerce growth lags that of its main rivals. Its Sam’s Club unit is struggling to keep up with Costco. What’s more, its international division is being buffeted by a strong U.S. dollar that is eating into profits. Total sales fell for the first time in 2015.
News about Walmart
But e-commerce laggards will get a lump of coal.
His resignation comes after Flipkart entered talks with Walmart to raise up to $1 billion.
Some 60% of its ads will focus on low prices.
It's about making energy more distributed.
Profit margin be damned.
Videos about Walmart
As it continues its price war with Walmart
Thanks to Prime
As if you needed to start shopping earlier