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

Share of store managers hired internally at Walmart versus its competitors, 2019-2024. Walmart's reliance on internal promotion has grown sharply since the pandemic and now far exceeds the competitor average.

Walmart turnover among store managers is running well above its competitors

Share of store managers hired internally at Walmart versus its competitors, 2019-2024. Walmart's reliance on internal promotion has grown sharply since the pandemic and now far exceeds the competitor average. Source: Revelio Labs.
Figure 3. Share of store managers hired internally at Walmart versus its competitors, 2019-2024. Walmart's reliance on internal promotion has grown sharply since the pandemic and now far exceeds the competitor average. Source: Revelio Labs, April 2024

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