Jump to content
The World News Media

Walmart Inc.


Guest
 Share

Recommended Posts

  • Guest

“Wal-Mart Stores Inc.” (-0.57%) will soon be called just “Walmart Inc.” Wait, that wasn’t the name the entire time?

Apparently not. 

The decision to drop “Stores” from its brand goes hand-in-hand with Walmart’s swan-dive into e-commerce. As CEO Doug McMillon puts it, “[we must follow] our growing presence as a retailer, serving customers no matter how they choose to shop.”

And it’s been a pretty, pretty big shift to say the least. 

We’re talking acquisitions of e-tailer Jet.com for $3 billion and Bonobos for $310 million, two-day delivery, and a slowdown from opening hundreds of stores each year to just a dozen.

So far it’s paid off. E-commerce sales are up 50% from last year, compared to the industry average of 13%. But if Walmart really wants people to buy into the name change, it’s got room to grow. 

Brick-and-mortar retail still accounts for 95% of its top line.

Link to comment
Share on other sites

  • 3 years later...

  • Views 545
  • Replies 1
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Similar Content

    • By Jack Ryan
      Walmart (+2.07%) rolled out a plan to help fund its employees' college tuition, books, and fees. 
      For just $1 a day, Walmart employees will be able to earn an associate's or bachelor's degree in Business or Supply Chain Management, or pursue a minor in yodeling. 
      Which schools? The University of Florida, Brandman University, and Bellevue University (go Bruins!)—colleges that specialize in adult learning.  Why it's a big deal: With 1.4 million workers, Walmart is the largest private U.S. employer. And as you might have heard...it doesn't have a great reputation for how it treats employees.  But it can't afford that reputation anymore 
      Unemployment is below 4%, which means companies are in a giant rugby scrum for qualified workers. 
      What that looks like IRL: Employers are pulling out all the stops (raising the minimum wage, expanding parental leave, tuition reimbursement) to attract and retain qualified workers.
    • Guest Nicole
      By Guest Nicole
      Walmart — your one-stop shop for Patti LaBelle pies, 9/11-themed Coke displays, and back-to-school rifles — is really trying to diversify its brand image, if the restaurant chain it’s lured to a Florida store is any indication. A location in Orlando has openeda fully integrated outpost of Grown, a fast-food chainlet founded by former NBA player Ray Allen and his wife, Shannon, that sells “slow food for fast people.”
      Read more: http://www.grubstreet.com/2017/08/walmart-opens-organic-fast-food-restaurant-grown-in-florida.html




×
×
  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.