"Walmart is setting a new standard for omnichannel retail by integrating automation and AI to build smarter, faster and more connected experiences for customers, while enabling our associates to deliver even greater value at scale,"
"really underscores a pretty important adjustment in Walmart strategy,"
"Walmart really wants to see itself as a technology-driven company tha"
Walmart reached a $1.02 trillion market capitalization after a more than 28% stock rise over the past year and a December move to the Nasdaq. Global e-commerce revenue grew 27% year over year in the third quarter, while Walmart Connect advertising revenue in the U.S. increased 33%. Third-quarter revenue was $179.5 billion versus Amazon's $180.2 billion, while Amazon's market cap stood at $2.5 trillion. The company reported a long-term, tech-focused strategy emphasizing omnichannel retail, automation and AI. A spokesperson declined to comment due to a quiet period before the next earnings call.
Read at Modern Retail
Unable to calculate read time
Collection
[
|
...
]