Walmart executives spoke on the second day of the company's annual investors meeting.

 

Walmart executives spoke on the second day of the company's annual investors meeting.  They noted that most of the company's future investments would focus on e-commerce and store automation. Walmart U.S. CEO John Furner said the company's numerous stores were "the key nodes" in its omnichannel operation. He noted that treating the stores as "points of distribution" allows the company to reduce the costs and time of deliveries. CFO John David Rainey said that within five years, 90% of Walmart's capital expenditures will go toward "high return areas like e-commerce, supply chain, and store investments." He also said that 55% of Walmart's fulfillment center volume will pass through automated warehouses by the end of Fiscal Year 2026.