I was reading the annual reports of Walmart and a couple of things stood out that I didn’t know before
Walmart’s increasing focus on eCommerce, Technology and Supply Chain in the US
Walmart’s CAPEX in eCommerce, Technology & Supply Chain stood at $3.9, $4.1, $4.9 and $5.2 billion in 2016, 2017, 2018 and 2019 respectively. To put it in perspective, compared to the overal CAPEX in the US, the investment in eCommerce, Technology and Supply Chain made up 46%, 57%, 60% and 68% approximately in 2016, 2017, 2018 and 2019 respectively. The increase highlighted Walmart’s focus on those areas in order to be competitive in a highly competed industry.
Member’s Mark revenue
In April 2017, Walmart re-introduced Member’s Mark, which is its private label umbrella brand at Sam’s Club. In 2018 and 2019, Member’s Mark’s revenue exceeded $10 and $12 billion respectively. The private label made up approximately 18% and 23% of Sam’s Club without-fuel revenue in 2018 and 2019 respectively.
Minh Quang Duong 