WORLD’S MOST INNOVATIVE COMPANIES 2018 ...RANK NO.15 Walmart

WORLD’S MOST INNOVATIVE COMPANIES 2018 RANK NO.15

Walmart

Walmart

Walmart, the largest retailer in the world by revenue, is the behemoth of big-box stores. With more than 4,700 locations in the U.S. alone—not to mention over 600 outlets of its wholesale subsidiary Sam’s Club—Walmart dominates brick and mortar like no other. In recent years, the Bentonville, Arkansas, based company has also flexed its muscle in the digital retail space, making significant investments in e-commerce services, fulfillment centers, and technology initiatives. In 2016, Walmart acquired Jet.com, a fast-growing Amazon competitor, for $3 billion. It marked the beginning of an M&A spree (resulting in purchases of everything from Shoebuy.com to Moosejaw to Bonobos and Modcloth to Parcel), further building out Walmart's reach in footwear, outdoor gear, private-label fashion, and same-day delivery services

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