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pww.comWalmart Inc. Presents at Bernstein 36th Annual Strategic Decisions Conference 2020, May-27-2020 09:00 AM - NYSE:WMT

NYSE:WMT

M. Brett Biggs [Former Executive VP & CFO] 💬

**- E-commerce Growth: E-commerce has seen significant growth, especially in general merchandise. The company is expanding its online offerings to include more brands and products, aiming to make the online experience more comprehensive and similar to in-store shopping.

  • Omnichannel Strategy: Walmart is focusing on integrating its online and offline channels to create a seamless shopping experience. This includes improving the app integration, enhancing click-and-collect capabilities, and expanding home delivery options.**

  • Store Operations: During the pandemic, stores faced challenges in managing increased demand and logistics constraints. Walmart responded by improving picking efficiency, adjusting store layouts, and expanding ship-from-store capabilities.

  • International Markets: Walmart's international operations, particularly in Mexico and India, are performing well despite the challenges posed by the pandemic. In India, Flipkart is a long-term investment, and the company is adapting to local market conditions.

  • Private Label: Private label products have become a significant part of Walmart's strategy, offering a mix of quality and affordability. The company is focusing on creating loyalty through these products, which also contribute to margin improvement.

  • Wages and Employee Support: Walmart has increased wages and provided bonuses to support employees during the pandemic. The company is committed to being a responsible employer and ensuring that associates feel valued and safe.

  • Tariffs and Supply Chain: Despite the challenges posed by tariffs and supply chain disruptions, Walmart has managed to maintain competitive pricing and product availability. The company is continuously looking for alternative sourcing options to mitigate risks.

  • Future Investments: Walmart is expected to continue investing in e-commerce and technology to meet changing consumer behaviors. The company is also exploring new formats and solutions to better serve urban customers.

  • Market Position: Walmart is positioning itself to gain market share both against smaller competitors and larger rivals. The company is leveraging its strengths in omnichannel capabilities and supply chain efficiency to remain competitive.

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