I learned recently that only about 5% of Walmart revenue is from e-commerce. The industry average for a brick and mortar is just about 10%. They don’t do much

I learned recently that only about 5% of Walmart revenue is from e-commerce. The industry average for a brick and mortar is just about 10%. They don’t do much online revenue because they don’t invest in growing it. They don’t invest in growing it because it’s too small a portion of their business to warrant investment. Online first companies are eating brick and mortar alive because of this.