According to estimates based on Walmart’s Q1 2023 Earnings report, the retailer's e-commerce sales have grown by 27% during the first three months of this year to a value of $14.5bn. This represents a continuing acceleration of growth in Walmart’s e-commerce segment that began almost a year ago. The latest results show that e-commerce penetration is now at 14% of Walmart's total sales, a level higher than during the height of the COVID-19 pandemic.
While Walmart is traditionally a brick-and-mortar retailer, they’ve made great strides toward taking advantage of the fast-growing e-commerce sector, especially during the COVID-19 pandemic....