By Jessica Kourkounis, Fortune Staff WriterThe Walmart store in Wyo.
was closed in 2016 because of the outbreak of the coronavirus, but the company has been making inroads since then.
In 2016, Wal-Mart reported a 6 percent rise in sales from the same time last year, as shoppers bought $1 billion worth of goods at the retail giant.
But the outbreak has left the company facing a dilemma.
It is working to bolster its own stock prices by boosting employee salaries, and has started offering incentives to employees to stay at the company through 2018, with the goal of generating $1.4 billion in annual revenue.
The company says it has already generated $2.5 billion in revenue in the first five months of 2017.
Wyoming’s biggest retailer, Walmart, also has been doing something similar.
Last year, the company offered a pay increase to 1,000 employees, starting with 1,500 in March, and then expanding to 1 million in May.
Since then, the number of employees has risen by 500 and is now more than three times the 1 million employees it had in 2016.
Walmart is also working to make up the difference by cutting expenses.
In January, it announced a new program, the Wyoming Career Extension Program, which offers $2,500 to employees who take on new duties and responsibilities.
The program allows employees to earn a six-week salary increase and receive up to $3,000 in cash incentives.
Wal-Mart also is trying to get more people into the workforce.
It has announced plans to hire 1,300 new employees over the next three years, and is hiring at least 10,000 people each year in order to meet the demand.
But while the company is working toward improving its profit and sales numbers, it is also struggling to convince customers to stop buying its goods.
The average sales price for Walmart merchandise dropped 8 percent in the third quarter of 2017 compared with the same period a year earlier.
WalMart says that it is seeing a shift away from consumers in favor of customers buying more goods online and at Walmart stores.
Its average online sales fell 6 percent from the third-quarter of 2016 to the third half of 2017, and its average store visits declined 4 percent.
Walton Walton Co., the parent company of Walmart, said in a recent earnings call that its online and brick-and-mortar sales rose 2.6 percent in Q3 2017.
But in the same quarter last year its online sales declined 2.9 percent.
Walmart’s chief financial officer, Andrew Pomerantz, said that the company’s focus on increasing its online presence was the key to Walmart’s success.
Walmons sales fell 7 percent in 2016, but Pomerants points to other reasons.
Walmart stores are more crowded, and they are being used to deliver other goods that are not available online, he said.
And the company added 2.5 million new employees to the payroll last year.