BENTONVILLE, ARK. — Grocery remains a key area of focus for Walmart, Inc. as it continues its transformation toward a digital-first mindset.
The company is building capacity across all of its channels to meet demand for food-at-home. Investments in omnichannel capabilities also are helping it diversify its revenue stream, a key priority for the Bentonville, Ark.-based retailer.
“I think we’re in a position to be flexible and serve people how they want to be served,” said Doug McMillon, chief executive officer at Walmart, during a Sept. 9 virtual session at the Goldman Sachs Global Retailing Conference. “If they want to eat at home more, we’re there. If they want to shop in the store, we’re there. If they want pickup or delivery, we’re there.”
Providing customers with high-quality, affordable food that is easy to use or prepare will be key to sustaining the food-at-home trend, he added. To that end, Walmart recently…