The Walmart (NYSE: WMT) of today may not seem too terribly different than the Walmart of five years ago. Sure, it’s got a much bigger online presence now, second only to Amazon.com (NASDAQ: AMZN) in terms of e-commerce sales within the United States. The addition of curbside pickup service and subscription-based delivery offerings are nice perks, but it remains mostly a brick-and-mortar business.
So, on the surface, it doesn’t look like things are going to be dramatically different for the retailer five years from now in 2026.
But take a close, careful look under the hood, and then take a big step back and look at the company from a distance. Now connect the dots. Walmart isn’t going to be a mere retailer five years from now. It’s slowly but surely morphing into a lifestyle company.