Walmart, the US supermarket giant, has announced an investment of over $6 billion in its Mexico operations for 2025. As part of this initiative, Walmart de Mexico plans to expand its presence by opening new stores under the Bodega Aurrera, Sam’s Club, Walmart Supercentre, and Walmart Express banners, creating approximately 5,500 direct jobs. These additions will complement the company’s existing footprint of more than 3,200 stores across nearly 700 municipalities in …
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Supermarket chain Walmart has just announced the investment of C$6.5 billion ($4.5 million) over the next five years to boost growth in Canada. In a press release, the firm said it planned to build dozens of stores all over Canada and five new supercentres in Ontario and Alberta by 2027. A Port Credit Walmart Supercentre is expected to open in the summer, followed by an Oakville Walmart Supercentre later in the …
US retail giant Walmart has announced the launch of BetterGoods, a new brand that is claimed to mark the company’s largest private-brand food launch in 20 years. According to Walmart, the range features 300 products, including frozen, dairy, snacks, beverages, pasta, soups, coffee, chocolate and more. BetterGoods products will also fall within three “category pillars”, namely “culinary experiences” (such as specialty salts, jarred soups and premium pasta), “plant-based” (including dairy-free …
US-based retailer Walmart Canada is investing over $118 million to build a high-tech fulfillment centre in Alberta, Canada. According to sources, the 430,000 sq. ft warehouse, located in Rock View County, will be a delivery hub for orders in Western Canada. The investment is said to be part of the retailer’s strategy to improve shopping experiences both online and in-store and will allow the company to expand the availability of …
US-based retailer Walmart has announced that it has reached an agreement to sell its business in Argentina to Grupo de Narvaez. Walmart will not retain an equity stake, but will support the business through transition services and sourcing agreements under the new ownership, the company said. Grupo de Narvaez has retail operations in Argentina, Ecuador, and Uruguay. Judith McKenna, president and CEO of Walmart International, said: “We are very proud …
Supermarket giant Walmart has entered into an agreement to sell UK grocery chain Asda to Issa Brothers and TDR Capital for £6.8 billion ($9.1 billion). The acquisition will return the chain to UK ownership following its acquisition by Walmart for £6.7 billion ($8.9 billion) in 1999. According to sources, the new owners joined together to acquire an equal ownership stake in Asda, and they intend to invest more than £1 billion ($1.3 billion) …
US retail giant Walmart has announced that it has begun testing the delivery of grocery and household products from its stores using automated drones. Launched in Fayetteville, North Carolina, this test is being carried out in partnership with Flytrex, an end-to-end drone delivery company. The drones are controlled over the cloud using a smart and easy control dashboard, the company said The experiment will allow the company to “gain valuable …
US-based discount retail chain Wal-marthas announced the acquisition of Cornershop, a leading online marketplace for crowdsourced on-demand deliveries from supermarkets, pharmacies and specialty food retailers in Mexico and Chile, in a deal worth $225 million. According to Walmart, the transaction is an important step forward to accelerate the company’s omnichannel capabilities and its growth in Latin America. Judith McKenna, president and CEO of Walmart International, said: “Cornershop’s digital expertise, technology and …
The Argentinian arm of US retailer Walmart and Mercadoni, a leading online shopping platform, have announced a partnership agreement enabling online orders to be delivered faster, according to a report in America Retail. According to sources, the agreement allows orders in the city of Buenos Aires to be delivered within two hours of being placed. Fernando Rubirosa, associate director of e-commerce at Walmart Argentina, said: “The pilot scheme that we …
US retail giant Walmart has announced the launch of a new Italian food range, introduced under the Sam’s Choice Italia brand name. According to Walmart, the range was developed in partnership with the Italian Trade Agency and features 40 products, including ready meals, bagged pastas, pesto and pasta sauces, canned tomatoes, balsamic vinegar and frozen pizzas. Jack Pestello, senior vice president, Private Brands at Walmart said: “Teaming up with the …
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