Table of ContentsDiscounted ProductsOnline Grocery Delivery/PickupEarningsRevenue ConclusionsNet IncomeNet Income ConclusionsChanges in the Company (Walmart)Current EventsReferences:Walmart Inc. is the one of the largest international discount department stores. Walmart offers affordable products to its consumers in a cost-effective and convenient manner. Headquartered in Bentonville, Arkansas, United States (Walmart, 2018), the mega-corporation operates internationally with over 11,700 stores in 28 countries (Walmart, 2018). However, the majority of its activities are carried out in the United States, where 76% of its revenues were generated during the last financial year (Walmart, 2018). Target, Costco, and Amazon are Walmart's main competitors in the retail industry (Walmart, 2018). Say no to plagiarism. Get a custom essay on “Why Violent Video Games Should Not Be Banned”?Get the original essayFounded in 1962 by Sam Walters (Walmart, 2018), Walmart's major shareholders now include his three children Jim Walton, Alice Walton and S. Robson Walton. Walmart Inc. has now become a multi-billion dollar department store and is expanding into the online grocery delivery market by doubling the number of stores with access to this service (Walmart, 2018). This fiscal year, they also expanded their e-commerce site to Canada and Mexico (Walmart, 2018), giving new customers access to their convenient shopping tool. Discounted ProductsWalmart aims to provide its customers with quality products at low cost. The company's main product line is discounted products from its department stores. These are quality products sought after by customers, with a reduced price. This gives customers the benefit of reducing their spending on essentials, allowing them to be more flexible with their budget. Online Grocery Delivery/Pickup Walmart has expanded its operations to make the customer experience more convenient by offering a new online grocery service. This service offers customers a personal shopper, as well as Walmart's signature savings feature and new free 2-day shipping (Walmart, 2018). This new service offers customers the benefit of saving time and the convenience of shopping at home. The company continues to beat its competitors by offering countless discounts and benefits to its customers, such as price matching and constantly updated offers. increase in sales generated by e-commerce (Walmart, 2018). This spike matches the general increase in revenue over the past 5 years, with the largest increase of $15 billion occurring in FY 2018. Revenue Conclusions Using the data provided in the annual report, it is clear that the increase in revenue is a result of the increase in members and net sales and the growth of their e-commerce website. A $1 billion increase in membership sales in 2017 and 2018. A $14 billion increase in net sales for fiscal 2018, accounting for the large increase in total revenue. Additionally, the recorded 44% increase in e-commerce revenue (Walmart, 2018) is a result of doubling the number of products on Walmart.com (Walmart, 2018). The increase in membership and e-commerce sales correlates with Walmart's efforts to expand its online retail operations. Net IncomeWalmart's net income has increased over the past two years (Walmart, 2018), after a decrease in net income,