The retail Goliath extended its streak at No. 1 on the Fortune 500 for a 10th consecutive year, bringing in more than $570 billion in revenue. Walmart successfully navigated a challenging 2021—sales grew by 2.4%, and profits inched up by 1.2%—owing in part to its e-commerce offerings: To better compete with delivery rivals as varied as Amazon and DoorDash, Walmart expanded its store-to-fridge delivery service, InHome; it also tested driverless delivery vehicles with Ford. Its click-and-collect curbside pickup service generated sales of $20.4 billion in 2021, a tripling over the past two years. The company’s e-commerce strategy is now in new hands: Walmart’s chief e-commerce officer, Casey Carl, retired and was replaced by Tom Ward in February 2022.
Lists ranking Walmart
Change the World - 2022Fortune's annual list dedicated to the idea that b...READ MOREview in list
Fortune Modern Board 25 - 2022Fortune collaborated with the Diligent Institute t...READ MOREview in list
Latest news for Walmart
- RetailWalmart supervisor who killed 6 co-workers was ‘picking people out’ to target says survivorNovember 25, 2022 10:15 AM UTC
- RetailWalmart employee kills 6 people in Virginia store shootingNovember 23, 2022 1:37 PM UTC
- RetailWalmart offers to pay $3.1 billion over sales of prescription opioidsNovember 15, 2022 7:46 PM UTC