The retail giant Wal Mart has been investing aggressively. The company said on Tuesday it expects capital expenditures to be about $11 billion for fiscal years 2018 and 2019.
It started offering free two-day shipping and discounts for picking up online purchases at stores, and has acquired several start-ups, including Jet.com for $3.3 billion last year.
Wal Mart, the largest U.S. grocery retailer also said on Tuesday it expects to add 1,000 locations for shipping online grocery orders in fiscal year 2019. It currently ships online orders from more than 1000 U.S. locations.
What WalMart does is good for America, it provides jobs for the most people with the least skill-set and allows people the opportunity to get better jobs, either through further education or staying with company and getting promotions. It also lowers the cost of living and it keeps the market competitive.
Walmart employs 1% of the U.S population 1.4 million people. They’ve got some good paying jobs like that DC in Mebane. Everybody there makes at least $30,000+ a year but you can’t really expect to make a living being a cashier at Walmart. You’re gonna have to keep moving up.
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