The company missed analyst estimates on the bottom line and guided toward slow growth this year as it laps a bumper performance in 2020, aided by pandemic-related tailwinds. As a mature company, Walmart's results are scrutinized for things like minor improvements in profitability, but there's something more important happening. For years, it's been clear that Walmart is evolving beyond its historical business model as a physical retailer.
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People's definition of "old age" is older than it used to be, new research suggests.
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