You might be surprised to learn that retail and supply chain expert Brittain Ladd’s big predictions for Walmart (WMT) have nothing to do with the brick-and-mortar stores themselves. On Opening Bid with Yahoo Finance Executive Editor Brian Sozzi, Ladd emphasizes acquiring a major team or stadium, of all things. “I think Walmart acquiring the Los Angeles Chargers or another NFL team and Walmart building a stadium in Bentonville, Arkansas — Walmart Field, home of the Arkansas Chargers,” he expains. “I tried to get ’em to buy the Chicago Bears… but they just were like, ‘oh, wow, that’s not something we want to do.'” The real point here, he further explains, is that Walmart needs to diversify: “I think that Walmart should step back and say, how do we diversify 15% of our business by 2030?” For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. This post was written by Rachael Lewis-Krisky, producer for Opening Bid. Walmart was named Yahoo Finance’s 2024 Company of the Year. Check out the links below to learn more. Walmart is the 2024 Yahoo Finance Company of the Year How Walmart’s $90 billion Sam’s Club is aiming to take down Costco Walmart CFO: ‘We’re a company that wins in any type of economic environment.’ Why Walmart is clobbering its rivals
