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Walmart's growth has exploded over the last decade. Here's how much it has changed since 2009.
Walmart's growth has exploded over the last decade. Here's how much it has changed since 2009.
Áine CainDec 10, 2019, 23:25 IST
Walmart is one of the largest and most powerful retailers in the world.
That was also true a decade ago, but the company has still adapted a lot since 2009.
Major changes at Walmart over the past decade include a leadership shuffle, plenty of digital acquisitions, and a new focus on e-commerce and delivery.
Walmart has been a major player in the world of retail for decades. Today, the Arkansas-based chain is the biggest retailer in the world.
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But the past 10 years have also have brought about some particularly big changes. As the decade comes to an end, Business Insider reviewed Walmart's financial statements from 2019 and 2009 to get a clear sense of how the retailer has adapted over time.
Walmart has been able to boost its e-commerce capabilities in response to the rise of competitors like Amazon, all the while growing bigger and bigger.
Here's a look back at some of the changes that Walmart has undergone in the past decade:
The company's e-commerce segment has made a number of key acquisitions since 2009, buying up brands like Jet.com, Flipkart, Moosejaw, Bonobos, and Shoes.com.
Since then, the retailer has only expanded its global reach. Walmart now operates stores in 27 countries around the world, including the United States.
In one of the biggest testaments to Walmart's continued growth, Exxon Mobil Corporation beat out the retailer for the top spot of the Fortune 500 list in 2009.