Walmart is enhancing store managers' compensation and benefits to improve retention. They are offering grants of up to $20,000 in company stock annually, with a three-year vesting period. Additionally, average salaries for store managers are being raised to $128,000, and bonuses can reach up to 200% of base salary. The company aims to empower managers to act and think like owners, recognizing their crucial role in driving sales and maintaining high morale.