The Sales per square feet of Wal-Mart Stores Inc in United States of America reached USD 480.40 in 2020
The indicator recorded a historical growth (CAGR) of 3.19% between 2017 to 2020
Walmart Inc (Walmart) has its headquarter established in the United States of America.
Walmart Inc (Walmart) is a retailer that operates grocery stores, supermarkets, hypermarkets, department and discount stores, and neighborhood markets. The company’s stores offer groceries and consumables, health and wellness, technology, office and entertainment, hardlines, apparel and home categories at low prices every day. It also operates warehouse clubs (including Sam's Clubs). Walmart markets products under various private labels and licensed brand names including Equate, Bonobos, Mainstays, George, Onn, Parent’s Choice, Time and Tru, Wonder Nation and No Boundaries.
The company offers fuel, gift cards and financial services and other related products including money orders, prepaid cards, wire transfers, money transfers, check cashing and bill payments. It merchandises products through various e-commerce portals. The company operates wholesale, retail and other units, and eCommerce websites, across the US, Canada, Africa, Central America, China, Chile, Mexico and India. Walmart is headquartered in Bentonville, Arkansas, the US.
Walmart operation analysis
Walmart has a vast physical retail presence and has also grown its online presence.
Walmart adaption to COVID-19
The COVID-19 pandemic has transformed the retail environment for Walmart, and it has been forced to adapt in order to improve the service it provides to customers. The retailer has implemented safety measures within its stores and warehouses to protect its employees and customers, including social distancing initiatives, like floor markings and contact-free services.
The company has also invested in supporting the communities it serves. Walmart has committed to donating funds to organizations supporting the response to COVID-19, and ASDA (the company’s UK division) is offering to food banks, in order to help the more vulnerable members of society. As well as being beneficial to its local communities, helping in this way will also boost its brand image and build its top-of-mind appeal in the long term.
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