Walmart Update, 2019

In 2019 Walmart was still the world's largest company, with over $500 billion in annual revenue and operations around the world. Although it had mostly vanquished its rival discount retailers in the U.S., it was struggling to find the right growth strategy. Facing a mature U.S. market, it had looked to ecommerce and international sales as an engine of growth. Walmart leadership also faced intense competition from dominant online retailer Amazon. In such a competitive environment, how should Walmart respond to the reality that its traditional strengths no longer guaranteed robust growth? Walmart Update, 2019 Walmart’s Priorities and Strategy Store Formats and Merchandising Priorities Walmart’s Competitors E-commerce International Operations Exhibit 1Walmart Selected Financial Data ($ millions) Exhibit 2Walmart Store Formats Exhibit 3Walmart Segment Performance ($ billions) Exhibit 4Target Selected Financial Data (in $ millions) Exhibit 5Amazon Selected Financial Data ($ millions) Exhibit 6aWalmart Stock Performance vs. Target and S&P 500, 2008–2018 Exhibit 6bWalmart Stock Price vs. Amazon, 2008–2018 Exhibit 7Walmart E-Commerce Sales Year-Over-Year Growth Exhibit 8Walmart International Operations, January 2019 Endnotes