Walmart’s (NYSE: WMT) online sales are expected to more than double, from $ 15 billion in 2017 (fiscal 2018) to around $ 38 billion in 2020 (fiscal 2021). E-commerce currently accounts for around 8% of Walmart’s total revenue (in 2019), but the company has focused on growing e-commerce in the future, in order to remain competitive in the retail market. retail dominated by Amazon. We expect this value to rise to 11% in 2020. To add to that, Walmart expects e-commerce sales in 2020 to slow compared to 2019, with e-commerce sales increasing by around 30%, for example. compared to 37% growth in 2019. We have created an interactive dashboard on Walmart Ecommerce Sales which provides a detailed analysis of how to arrive at this growth figure.
We predict that Walmart’s e-commerce sales will contribute 11% of its total revenue in 2020
Walmart does not directly disclose its e-commerce figures. We put its numbers for 2016 at around $ 10 billion adding around $ 2 billion each quarter, as well as factoring in the acquisition of Jet.com.
From there, Walmart added 44%, 40%, and 37% growth in 2017, 2018, and 2019, respectively, to its online channel.
Walmart’s e-commerce sales will likely account for around 5% of total e-commerce sales in the United States in 2020.
- Total retail sales in the United States increased 8%, from $ 5.1 trillion * in 2017 to $ 5.5 trillion in 2019.
- During this period, total e-commerce sales as a percentage of total sales increased from 9% in 2017 to 11% in 2019. This figure is expected to reach 12.3% in 2020, translating into $ 695 billion in sales. online in the United States.
- Walmart’s e-commerce sales will likely account for around 5% of total e-commerce sales in the United States in 2020.
* US Retail data is taken from the US Census Bureau. See everything Trefis price estimates and To download Trefis data here
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