3 ms·
Walmart is probably better positioned than anyone else in the US market to do so. It's worth noting that the current CEO is relatively "new" (he's been in the r
by sib 8y ago
Walmart is probably better positioned than anyone else in the US market to do so. It's worth noting that the current CEO is relatively "new" (he's been in the role only 5 years and is only 52 years old - a next generation of leader compared to his predecessors).
He is being very proactive in building out things like online grocery, investing heavily in e-commerce (recent public results showing strong outcomes) and lots of targeted M&A related to digitally native brands to broaden the accessible customer segments, spending billions of dollars to remake / refresh the 5,000 stores, etc.
<disclaimer: currently work at a subsidiary of Walmart, immediately previously worked at Amazon>