How Walmart Is Stacking The Deck Against The Competition

Compared to the company Sam Walton founded, Walmart (NYSE: WMT) today is fast becoming unrecognizable. Under the guidance of CEO Doug McMillon, the world's largest retailer is reinventing itself by pivoting toward growth markets and creating a Walmart that will thrive in the future. These days, the company is becoming much more than the low-priced, big-box retailer that most Americans think of it as.Though Walmart stock is down 14% this year, due to a sell-off following slowing e-commerce growth in its fourth quarter, the stock is still up considerably since McMillon first announced the company's turnaround strategy in October 2015, up 44% since then and nearly 90% earlier this year.Let's take a look at a few ways Walmart is reinventing itself and stacking the deck against the competition.Continue reading

 

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