Skip to content

You won't believe what JUST happened to Walmart!

Free World Class Education
FREE Catholic Classes
With the economy steadily falling, prices rise and the below-poverty population booms.

The discount giant has received its first dip in revenue since its inception in 1996. Can the drop signify the beginning of the end?


Catholic Online (
4/1/2016 (6 years ago)

Published in Business & Economics

Keywords: Walmart, revenue, digital, online, growth

LOS ANGELES, CA (Catholic Online) - The digital age has marked a permanent shift in the way humanity perceives the world.

One smartphone allows access to bank accounts, restaurants, family across the globe, school assignments and more. Everyone is converting their physical companies into digital distribution centers, such as Amazon's business model. Costs are lowered and revenue rises - until a company hits the ceiling.

For the first time, Walmart has seen a drop in revenue, serving as a powerful message to smaller companies that have refused to jump on the digital bandwagon.

According to The Charlotte Observer, Walmart dropped $11.5 billion to build and remodel stores and to update its website and tech to better serve customers.

Despite the extra efforts, Walmart's sales dropped alongside the gas prices.

The company acknowledges "strategic investments" are required to support the "long-term health of the company," adding new stores and e-commerce capabilities will be utilized to spur growth.

With the majority of Walmart's customer base being people of the low and middle classes, signs that the company's failure is a clear indication that the economy is falling. 

In an attempt to spur the flailing economy - and keep their business afloat - Walmart has released an app that includes a grocery pick-up program and offers a drive-thru so shoppers don't even have to get out of their vehicles.

Neil Saunders, an analyst at research firm Conlumino, stated: "For the past 10 years, Walmart appeared to be on the back foot in terms of rethinking its business model for this new landscape. And, as the evidence attests, the impact on it has been negative.

"Given that online is where the growth is, Walmart needs to play harder in that space if it is to retain its retail crown over the longer term."


'Help Give every Student and Teacher FREE resources for a world-class Moral Catholic Education'

Copyright 2021 - Distributed by Catholic Online

Free world class Catholic education for anyone, anywhere

Join the Movement
When you sign up below, you don't just join an email list - you're joining an entire movement for Free world class Catholic education.

Saint of the Day logo
Daily Readings logo
Prayer of the Day logo
FREE Learning Resources - Download Today - Printable PDF's

Catholic Online Logo

Copyright 2022 Catholic Online. All materials contained on this site, whether written, audible or visual are the exclusive property of Catholic Online and are protected under U.S. and International copyright laws, © Copyright 2022 Catholic Online. Any unauthorized use, without prior written consent of Catholic Online is strictly forbidden and prohibited.

Catholic Online is a Project of Your Catholic Voice Foundation, a Not-for-Profit Corporation. Your Catholic Voice Foundation has been granted a recognition of tax exemption under Section 501(c)(3) of the Internal Revenue Code. Federal Tax Identification Number: 81-0596847. Your gift is tax-deductible as allowed by law.

Subscribe to Our Newsletter!