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BBCNEWS Talking Business June 4, 2024 16:54:00

Of businesses with over $40 billion and that included our asda business in the uk, which was our largest business. we ve now created a portfolio which we re really happy with the mix of, both because of the growth opportunities that it gives us, but equally because it diversifies risk. we re in some really different places around the world. but all of them have great growth opportunities for the future. for us, we re going to double down and concentrate on those markets, and that s one of the reasons we made the devestments that we made, so we could focus our attention on people and dollar resources where it mattered to us most. our strategy is really simple. it s strong local businesses powered by walmart. that s a two part equation. the first part of the equation, the country has to be able to create growth and long term sustainable growth for that business, but the second piece is where can we leverage walmart at its very best to help those businesses ....

Growth Opportunities , 0 Billion , 40 Billion , It Diversifies Risk , Dollar Resources ,

BBCNEWS Talking Business June 4, 2024 10:54:00

Restructure of our portfolio. to give you an idea of the scale of that, we were about a $120 billion business before we started with the restructuring, and we ve actually divested of businesses with over $40 billion and that included our asda business in the uk, which was our largest business. we ve now created a portfolio which we re really happy with the mix of, both because of the growth opportunities that it gives us, but equally because it diversifies risk. we re in some really different places around the world. but all of them have great growth opportunities for the future. for us, we re going to double down on those markets and that s one of the reasons we made the devestments that we made, so we could focus our attention on people and dollar resources where it mattered to us most. our strategy is really simple. its strong local businesses powered by walmart. that s a two part equation. the first part of the equation, ....

40 Billion , 20 Billion , 120 Billion , 0 Billion , Growth Opportunities , It Diversifies Risk , Dollar Resources ,

BBCNEWS Talking Business June 4, 2024 23:53:00

More or concentrating on those markets that are proving more lucrative? over the last five years, we ve undertaken a major restructure of our portfolio. to give you an idea of the scale of that, we were about a $120 billion business before we started with the restructuring, and we ve actually divested of businesses with over $40 billion and that included our asda business in the uk, which was our largest business. we ve now created a portfolio which we re really happy with the mix of, both because of the growth opportunities that it gives us, but equally because it diversifies risk. we re in some really different places around the world. but all of them have great growth opportunities for the future. for us, we re going to double down on those markets and that s one of the reasons we made the devestments that we made, so we could focus our attention on people and dollar resources where it mattered to us most. ....

40 Billion , 20 Billion , 0 Billion , 120 Billion , Growth Opportunities , It Diversifies Risk , Dollar Resources ,