If Walmart were a country, it would be the 26th largest economy in the world. It has more employees worldwide than the population of Mauritius and Maldives combined.
So, what makes Walmart the Retail Magnate?
✓ With a revenue of $534 Billion, Walmart has almost twice the revenue size of Amazon. For all categories except food, the average product available here is 34 percent cheaper than if purchased via Amazon.
✓Walmart is bigger than all its competitors notably Home-depot, Kroger, Target, Sears, Costco, and K-mart combined.
✓ In 1993, they celebrated the first $1 billion sales week, and 1997 was their first $100 billion sales year.
✓Walmart makes double from omnichannel customers. Customers who shop both in stores and online spend nearly twice as much as customers who only shop in stores.
✓Very innovative, in ways of Customer service. In 2018, they launched InHome Delivery, which involves a representative placing groceries directly in your fridge.
After acquiring a few of India’s most trusted brands like Myntra, Flipkart, and PhonePe, can they recreate such a massive impact in India?
Walmart's global dominance is impressive, but Kroger continues to shine in the grocery space, prioritizing customer satisfaction and innovation. Share your thoughts on Kroger's services at Kroger Feedback survey and help shape the future of grocery shopping.