What are some of the biggest challenges you think Walmart faces in today's retail landscape, and how do you see yourself addressing these challenges?
Some of the biggest challenges I think Walmart faces in today's retail landscape are:
1. Supply chain
Challenges include overstocking, stockouts, and inaccurate inventory data. This can lead to out-of-stock items and unhappy customers.
2. Competition
Walmart faces stiff competition from other retail stores that have adopted a low-price strategy.
3. Online stores
Walmart's standing and position in the market have been impacted by the decline in physical stores and the rise in online retailers.
4. Labor relations
Walmart faces varying contestations around its labor relations and employment practices.
5. Public relations
Walmart can address itself to numerous consumers and stakeholders.
BY Best Interview Question ON 28 Feb 2024