Revelio Labs
Why Does Walmart Have to Pay Up to $400K to Its Store Managers?

Horizontal bar chart showing the store employee-to-manager ratio at Walmart and its competitors in March 2024. Walmart has the highest ratio at 12.2, followed by Kroger (10.6), Target (9.0), The Home Depot (7.9), TJX (4.0), Dollar Tree (3.6), Ross (3.5), Lowe's (3.2), CVS (2.3), and Dollar General (1.8).

Walmart turnover among store managers is running well above its competitors

Horizontal bar chart showing the store employee-to-manager ratio at Walmart and its competitors in March 2024. Walmart has the highest ratio at 12.2, followed by Kroger (10.6), Target (9.0), The Home Depot (7.9), TJX (4.0), Dollar Tree (3.6), Ross (3.5), Lowe's (3.2), CVS (2.3), and Dollar General (1.8). Source: Revelio Labs.
Figure 2. Horizontal bar chart showing the store employee-to-manager ratio at Walmart and its competitors in March 2024. Walmart has the highest ratio at 12.2, followed by Kroger (10.6), Target (9.0), The Home Depot (7.9), TJX (4.0), Dollar Tree (3.6), Ross (3.5), Lowe's (3.2), CVS (2.3), and Dollar General (1.8). Source: Revelio Labs, April 2024

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