Walmart: Most Innovative Retailer United States 2020

Walmart has become the largest retailer in the world by giving customers what they are looking for at low, low prices. It is also the largest private employer, and as of mid-July 2020 had taken on 400,000 extra staff in response to heightened sales demand during lockdown and as a bridge between jobs to help people working in heavily hit industries. In partnership with Apple’s Siri, the firm makes online shopping easier with Walmart Voice Order. The company’s e-commerce business has been developing well and in 2019, when Walmart acquired a majority stake in India’s Flipkart, the division saw growth of 40 percent. Selling from brick and mortar facilities can also improve online customer experience. The notion of physical stores acting in online fulfilment is new to retail and worthy of note. Another recent innovation is Walmart2World, a money transfer service that drives down prices further. To empower staff, more than 200 Walmart academies offer a path to career advancement and have attracted tens of thousands of associates. Walmart harnesses cutting edge technology to free manager’s time to better focus on finding solutions and helping employees meet their goals. Customer preferences and demands are changing and Walmart shop services are adapting in the best way possible. Operating in a highly competitive space, the company was established by Sam Walmart in 1962 and has its corporate headquarters in Arkansas. The CFI.co judging panel recognises Walmart as the 2020 winner of the award Most Innovative Retailer United States.

marten

Recent Posts

Dubai World Trade Centre: Champion of Global Business and Trade Ecosystems EMEA 2025

For over four decades, Dubai World Trade Centre (DWTC) has been a cornerstone of Dubai’s…

4 days ago

Krungthai Bank PCL: Best Social Impact Bank Thailand 2025

Krungthai Bank PCL plays a pivotal role in driving sustainable economic and social development in…

1 week ago

Région Île-de-France: Best Green Bond Thought Leadership Team Global 2025 & Best in Class Bond Issuer Global 2025

Région Île-de-France demonstrates a steadfast commitment to sustainable finance, playing a pioneering and influential role…

1 month ago

Spectrum Asset Management: Excellence in Preferred Securities Portfolio Management Global 2025

Spectrum Asset Management is a leading institutional manager specialising in preferred and capital securities, with…

1 month ago

Moody’s Ratings: Best Credit Risk Analysis LATAM 2025

Moody’s Ratings is a globally recognised leader in credit ratings, research and risk analysis, with…

1 month ago

La Trobe Financial: Best Investment Management Team Australia 2025

La Trobe Financial has cemented its reputation as Australia’s premier alternative asset manager, demonstrating a…

2 months ago