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How did Walmart revolutionize retailing with its low-cost, high-volume business model?
How did Walmart revolutionize retailing with its low-cost, high-volume business model?
Walmart disrupted the retail industry by offering everyday low prices, a vast selection of products, and efficient supply chain management. By leveraging economies of scale, innovative logistics, and data-driven merchandising strategies, Walmart has become the world’s largest retailer, serving millions of customers and driving down prices across various product categories.