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Welcome back to The Rundown for another weekend deep dive.

Today, we are talking about Walmart.

Walmart has been one of the best performing retail stocks in the market, and the company recently crossed the $1 trillion market cap for the first time ever.

So in today's episode, we'll break down how Walmart went from a dinosaur brick and mortar retailer to an absolute digital powerhouse and a legit competitor to Amazon.

We'll dive into the numbers behind the transformation and some of the challenges they face moving forward, including a new CEO.

We got a great one for you today.

Let's dive in.

Now to understand where Walmart is today, you have to go back to 2014.

And honestly, things were not looking great for them.

At the time, Amazon was absolutely torching the retail industry.

Online shopping was exploding and Walmart, which had spent decades dominating the giant physical stores, suddenly looked like a dinosaur.

They had very little e-commerce presence at the time and their same store sales were declining.

That's when Walmart's board made a bet on a guy named Doug McMillan.

He took over as CEO in February of 2014.

Now, McMillan is a Walmart lifer.