Wal-Mart Still Dominates But Faces Slowing Revenue Growth, Business and Industry Trends Analysis

Wal-Mart is the world’s largest retailer, based on revenue, and is the largest corporate employer in the U.S. (more than 2.3 million total employees worldwide).  The company serves over 270 million weekly customers at more than 11,700 stores in 28 countries, under 65 different banners as of 2018.  Outside of America, Wal-Mart has a strong presence in such nations as Mexico, Canada and the UK. Wal-Mart, faced with daunting competition from Amazon.com and other ecommerce firms, is investing heavily in its online platform.  Importantly, Wal-Mart acquired online retailer Jet.com in August 2016 for $3.3 billion.  Jet’s capabilities were consolidated to…

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