$141,017 $m
Walmart’s reputation took a beating, but it delivered its best top-line results in the last five years and continues to be the dominant retailer in the U.S. with 10 percent of all retail sales. The company was plunged into a major scandal when The New York Times revealed it paid out USD $24 million in bribes to build new stores in Mexico. While the business repercussions will be significant, customers didn’t flinch. Sales continued to rise as Walmart jettisoned de-cluttered aisles in favor of improved assortments, abandoned fashion-forward apparel in favor of basics, and recommitted to being the low-price leader.