An End to the Walmart Era?

Posted on

 
Walmart is the biggest retailer with 10.6% US market share in 2016. With increase in digitalization, consumers are shifting their behavior to online ecommerce as they seek for convenience and low costs. Will Walmart be able to prove that they can dominate in the digital age?

“The Everything, Everywhere, Every time Store”

“In 1994, after seeing an article citing Internet usage was growing by 2,300%, Jeff Bezos left a comfortable, high-paying job and started an online bookstore inside his rental house in suburban Seattle. His online bookselling company quickly morphed into the world’s largest online retailer with a $ 107 Bn revenue and $ 359 Bn market capitalization.”