Walmart Inc. (WMT)[Tv]

Key Developments

• Walmart secured a landmark 20-year nuclear power agreement with Constellation Energy, locking in 176 MW of emissions-free electricity—30 MW of upgraded capacity—to power its Belvidere, Illinois distribution center, beginning in 2029–2030, marking a generational shift in industrial decarbonization and long-term energy cost stability.
• Amazon officially surpassed Walmart as the largest retailer in the U.S., signaling an irreversible structural shift in retail dominance driven by Amazon’s digital-first ecosystem, AWS leadership, and superior scale in e-commerce and cloud infrastructure.
• Walmart+ revenue grew 17.4% YoY and retail media ad revenue surged 37%, demonstrating the subscription model’s transformative power and the emergence of a high-margin, sticky digital ecosystem beyond traditional retail.
• Walmart announced 30-minute delivery now reaches 60% of the U.S. population, propelled by 26% U.S. e-commerce growth and Walmart+ adoption, highlighting a decisive acceleration in digital delivery infrastructure and omnichannel dominance.
• Walmart integrated Weight Watchers into Sam’s Club Plus benefits, restructuring its membership offering into a health-and-wellness-driven ecosystem that expands customer lifetime value and deepens loyalty beyond transactional retail.