CEO REVEALS: How tariffs FORCED smarter pricing moves

• Walmart has successfully transitioned from a brick-and-mortar to an omnichannel retailer, focusing on value, broad assortment, customer experience, and trust.
• The company has embraced digital innovation, including financial services like OnePay (offering crypto trading) and significant investments in AI and automation for inventory management, forecasting, and pricing.
• Walmart successfully navigated challenges such as tariffs by managing inventory, working with suppliers, and implementing price rollbacks, while also demonstrating strong leadership during the COVID-19 pandemic.
• A strong commitment to local sourcing is evident, with over two-thirds of U.S. products made, grown, or assembled domestically, and continued efforts to increase this number.
• The food business has seen substantial growth, especially through e-commerce, attracting higher-income customers due to increased convenience and value-based pricing.

Walmart CEO Doug McMillon discusses his retirement and the company's transformation into a people-led, tech-powered omnichannel retailer. Key topics include digital advancements like OnePay for crypto trading, AI-driven supply chain management, navigating tariffs, and sustained growth in the food business. Walmart aims to continue offering value and convenience to all income levels, with a positive outlook for future growth.