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| VIEW EVENT INFORMATION: Walmart |
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To Compete With Amazon, Walmart Should Cut Itself In half |
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About the organization Walmart:
Type: Business
Sub-Types: Store, Retailing Agent, Chain, Shop, Website, Internet, E-Commerce, Online Store, Application Software, Finance |
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Notable Organizations: Walmart, Techcrunch
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| Walmart latest earnings report wasn’t pretty. Overall revenue growth came in at a tepid o.7% for the first half of the fiscal year. Their e-commerce sales grew 11.8%, but the total e-commerce market is tearing ahead at 15% quarterly growth, which means they’re actively losing that market. Oh, and they bought a massively unprofitable e-commerce vendor for $3.3 billion dollars to make… |
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