Where Will Walmart Be in 5 Years?
On the surface, the Walmart (NYSE: WMT) of today looks more or less like the Walmart of 2015. It's still the world's biggest brick-and-mortar retailer, and still sells a little of everything. Its restocking issues have been addressed and pay raises appear to have improved morale. But it's still just a store.
That may not be the case five years from now, however. Walmart is slowly turning into a lifestyle company that will solidify and stabilize its future revenue stream. The job could be complete by 2025.
It's not a term that's been tossed around as frequently as phrases like "the Internet of Things" or "Big Data." But the evolution of consumer-facing organizations into lifestyle companies is a real thing nonetheless. Simply put, lifestyle companies capitalize on how people live their lives by pre-solving problems and eliminating hassles, allowing individuals to do more of what they want to do and less of what they have to do.
Source Fool.com
