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Revenue (US$) 559.151 billion (2021) 6.7% increase over 523.964 billion (2020)
Profit (US$) 13.706 billion (2021) 9.8% decrease over 15.201 billion (2020)
Employees 2.3 million (2021)
Alibaba Group Holding Limited, Amazon.com, Inc., Best Buy Co., Inc, Costco Wholesale
Main Competitors Corporation, Kmart Corporation, Schwarz Group, The Kroger Company, Target Corporation,
Walgreens Boots Alliance, Inc. and many other retailers/wholesale companies.
MISSION
Walmart's mission statement is "helping people around the world save money and live
better – anytime and anywhere – in retail stores and through eCommerce."
VISION
Business logic allows a company to manage and access large quantities of data for
daily work efforts and practices. It translates company protocols into usable data
for computer systems so employees can track important tasks and update
information.
STRENGTH WEAKNESSES
1. Being the largest retailer in the world, 1. Overdependence on sales from the U.S.
with unmatched scale of operations market
and strong market power over
suppliers and competitors 2. Highly criticized employment policies,
2. Cost leadership strategy which result in high employee turnover
and poor customer service
3. The combination of a developed
distribution system and a well- 3. Negative publicity and poor brand
managed information system reputation
4. International presence
5. Large merchandise selection in its
many physical stores helps it to
develop e-commerce channel sales
faster and with lower costs
OPPORTUNITIES THREAT
1. Strengthen and expand Walmart 1. New laws and regulations concerning
Marketplace and Walmart Fulfillment food, safety, wage, work benefits and
Services (WFS) to accommodate the pharmaceutical business
growing number of smaller retailers 2. New lawsuits, which would further
2. Growing variety of sophisticated damage brand reputation
robots and automation tools opens up 3. Growing risk of data breaches
many opportunities for automated
distribution centers and staff-free
stores
3. Increased adaptation of augmented
reality (AR) and virtual reality (VR)
tools for better shopping experiences
4. The e-commerce market is forecast to
reach US$6.3 trillion by 2024