Wal-Mart Stores, Inc. is branded as Wal-Mart. WMT is an American multinational retail store company which is engaged in operating one of the biggest store chains of large discount department stores and warehouse stores. The company has proved to be a tough competitor for Amazon, Target, and EBay etc. in the market. Despite of the fact that company does not offer the least prices when compared to Amazon, it is trying to catch up with Amazon for its survival. Despite of cutting back on prices, the company has been struggling in recent times.
A
well reputed journalist of Fool.com said “Wal-Mart has not delivered the goods
lately for investors, but its entry into grocery delivery just may be what
turns it around for the king of retail. After seven consecutive quarters of
falling traffic in U.S. stores, Wal-Mart cut its earnings guidance for the full
year and said growth in online sales would slow.” But the company believes that
introducing online grocery shopping might re-boost the sales of the company with
both in-stores and home delivery options available.
Since
the time of recession and inflation, the company has had a very rough phase as
sales growth has been harder and harder to come by for Wal-Mart Stores.
Fool.com reports “Whether due to high gas prices, stagnant wages, or cutbacks
in the SNAP food stamp program, comparable-store sales have stayed stubbornly
near the flat line for the past couple of years.” However the main question is
what is the future of Wal-Mart? Can the company rejuvenate its business in the
near future? Or will it be too hard for the company?
It
is still hard to either predict or expect anything from Wal-Mart as their
current progress and status does not lead anywhere. Whether the company will
flourish in the near future or it will still be struggling to keep up with the
market pace.