I feel that Walmart has become too large as a company, and that there is not a lot of space for it to grow anymore, as it is dominating the business, but finds it hard to shift it’s business onto other fields.Franckly, I don’t believe that walmart could be a serious competitor to Amazon on the e-commerce field. So, basically the only way a company of this size can generate revenue is via underpaying its employees and cost cutting. That’s why they are in such panic to introduce automation and technology as quickly as they can.
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@Y1dRLLv-2njh - I have to respectfully disagree with you on that. Yes, I believe that e-commerce will continue to grow but I do not believe that Brick and Mortar will ever die. Not everyone in the world has a computer or desires to order from their cellphone. In fact, many of the millennials and centennials are tired of technology - because they have grown up with it. I anticipate that Brick and Mortar will be around for a very long time - not everyone wants to sit at home and wait on Fed Ex or UPS to deliver - they like to see, touch and feel the merchandise before they buy it.
If it's ecommerce or dotcom, yes. Bricks and mortar are treading water at best.
Their Footprint is growing because they keep buying their sales (buying companies) - Show us the actual comp numbers and then we can determine if the .com area has real growth.
What a misguided comment. WM e-commerce rose 43% last quarter and is gaining ground on Amazon. When you consider their ecommerce footprint is quickly growing and they have brick and mortar stores within 10 miles of 90% of the US population it shows they're in a perfect position to exploit both in-store as well as online sales. And you speak as if automation were a bad thing. Any company that refuses to automate as well as be flexible to meet a changing retail environment to drive down their biggest controllable expense (payroll) is doomed (i.e. Blockbuster, Kodak, Kmart, Sears, etc).