With annual sales of more than $482.2 billion in fiscal year 2015 and more than 2.2 million employees, Wal-Mart Stores, Inc. (WMT) is one of the largest companies in the world. In light of this, the dramatic decline in the company’s share price in 2015 caught many investors by surprise. In this article, we put this decline into context and consider what the future may hold for Walmart.

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