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Walmart

All the posts published.
1 MIN READ

Canada: Walmart to build high-tech fulfillment centre

March 25, 2022
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Food, Manufacture & Distribution, North America, Retail

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 …

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1 MIN READ

Argentina: Walmart to sell business

November 13, 2020
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Latin America, Mergers & Acquisitions, Retail

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 …

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1 MIN READ

UK: Walmart to sell Asda for £6.8 billion

October 5, 2020
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Europe, Mergers & Acquisitions, Retail

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) …

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1 MIN READ

USA: Walmart to start testing on-demand drone delivery

September 11, 2020
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Food, Household Care, Manufacture & Distribution, North America, Retail

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 …

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1 MIN READ

USA: Walmart acquires Cornershop in Mexico and Chile

September 25, 2018
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Food, Health & Beauty, Mergers & Acquisitions, North America, Retail

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 …

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1 MIN READ

Argentina: Walmart and Mercadoni form e-commerce alliance

April 26, 2018
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Latin America, Retail

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 …

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1 MIN READ

USA: Walmart launches Sam’s Choice Italia range

November 6, 2017
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Food, North America, Products, Retail

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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1 MIN READ

Brazil: Walmart launches Walmart Supermercado

November 1, 2017
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Latin America, Retail

Walmart Brasil, the Brazilian arm of the world-leading grocery retailer, has announced the opening of a new store concept in Brazil called Walmart Supermercado (‘Supermarket’). According to a press release from the retailer, the initiative is part of an investment of R$500 million ($152 million), in which the new concept will be adopted by 120 stores that are currently under the banners Bompreco, Mercadorama and Nacional. The new concept is …

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1 MIN READ

USA: Jet.com to launch private label brand targeting millennials

October 3, 2017
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North America, Products, Retail

Jet.com, the e-commerce retailer acquired by retail giant Walmart in 2016, is to launch a line of own brand grocery products under the name Uniquely J, according to a report in the New York Post. The move comes as e-commerce rival Amazon steps up its activities in the FMCG space, including launching its own line of private label grocery products in 2016, and most recently acquiring the retail chain Whole Foods Market in …

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1 MIN READ

USA: Walmart to launch e-commerce service via Google Express

September 1, 2017
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Mergers & Acquisitions, North America, Retail

Multinational retailer Walmart has announced that it is to launch a service enabling consumers to order products via Google Express, technology giant Google’s e-commerce platform. Writing in the New York Times, Marc Lore, Walmart US president & CEO of e-commerce, said the firm would be working with Google to offer hundreds of thousands of items via Google Assistant, a service that permits ordering use voice recognition technology. “Our new voice shopping …

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1 MIN READ

USA: Walmart to launch private label for Italian products

May 15, 2017
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North America, Products, Retail

US based retail giant Walmart has announced a one-year agreement with the Italian Trade Agency (ITA) to launch a new range of imported products from Italy under a new private label. According to European Supermarket Magazine (ESM), the new agreement will see the retailer will buy 16% more food and wine products from Italy per year, which means that exports from Italy to the USA will increase. Michele Scannaini, president …

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1 MIN READ

USA: Walmart looking to buy Jet.com – reports

August 8, 2016
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Mergers & Acquisitions, North America, Retail

Walmart – the world’s largest grocery retailer – is looking to reinvigorate its online sales through the acquisition of e-commerce start-up Jet.com, according to a report in Tech Crunch. Quoting “a source with direct knowledge of the deal”, Tech Crunch reports that Walmart is set to pay up to $3 billion for the online retail specialist, which began operating last year. Based in the US, Jet.com offers a broad range of …

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1 MIN READ

China: Walmart partners with JD.com in e-commerce initiative

June 23, 2016
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Asia Pacific, Manufacture & Distribution, Retail

Walmart, the leading supermarket chain in the US, and JD.com, China’s largest e-commerce company by revenue, have announced the formation of a strategic alliance “to better serve consumers across China through a powerful combination of e-commerce and retail”. The agreement between the companies includes a wide range of business initiatives, covering both online and offline retail. For Walmart, the alliance greatly expands its opportunity in China e-commerce and provides its stores …

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1 MIN READ

USA: Walmart teams up with Uber and Lyft for grocery delivery service

June 8, 2016
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North America, Retail

US retail giant Walmart is said to have partnered with Uber Technologies and Lyft to test a new grocery delivery service, potentially in a bid to compete with Amazon, according to US media reports. Sources state that Walmart has also started testing a similar service in Miami for its warehouse chain Sam’s Club, partnering with Deliv which offers same-day deliveries for Kohl’s, Macy’s and other retailers. Under the new pilot programme, …

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1 MIN READ

USA: Wal-Mart stores to close more than 250 stores globally

January 27, 2016
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Manufacture & Distribution, Retail

Wal-Mart, the world’s leading grocery retail chain, has announced that it is to end its smaller format operations and will look to close 269 stores globally, including 154 in the USA. According to Business News Network, the confirmation of store closures comes three months after Chief Executive Officer Doug McMillon revealed proposals to review Wal-Mart’s global operations and to close stores that were deemed to be underperforming. Mr McMillon commented …

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1 MIN READ

US: Walmart launches Walmart Pay

December 15, 2015
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North America, Retail

Walmart, the USA’s leading grocery retailer, has unveiled its own mobile payment called Walmart Pay in a bid to compete with tech players such as Apple and Google. Walmart Pay is a payment system adapted to Walmart’s iOS and Android mobile apps and is promoted as “a fast, easy and secure way for customers to pay with their smartphones in Walmart stores”. The system allows customers to make purchases at …

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1 MIN READ

Canada: 7-Eleven and Walmart Canada partner for “Grab & Go” pilot

October 12, 2015
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Manufacture & Distribution, North America, Retail

Retail chains 7-Eleven and Walmart Canada are partnering on a  pilot e-commerce pilot project in the Toronto area, according to a report in the Canadian Grocer. Under the scheme, consumers placing orders at www.walmart.ca will be able to have their orders delivered for pickup at one of six 24-hour convenience stores operated  by 7-Eleven. The “Grab & Go” project is also said to be an extension of Walmart’s ‘locker service’ …

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1 MIN READ

USA: Walmart experimenting with ‘invisible barcodes’

July 10, 2015
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North America, Retail

Walmart is developing a new technology which could one day could replace barcodes and reduce supermarket checkout times, according to an article in TheDrum. The US retail giant is reportedly experimenting with invisible watermarks on product packaging, meaning that products could be recognised using a single scan anywhere on their surface area, rather than a defined strip. The technology, which is being created by Walmart’s Lab 415-C, could help speed …

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1 MIN READ

Canada: Walmart launches “Grab & Go” collection service

September 9, 2014
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North America

US multinational retail corporation Walmart has launched a new service designed to make it easier for customers to collect goods they have purchased online. According to the company website, the “Grab & Go” service  allows the customer to place an order through Walmart’s online store and pick it up at any location equipped with one of 40  “lockers” designed for the purpose. During the checkout process, the consumer chooses their …

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1 MIN READ

USA: Walmart announces new US president & CEO

July 29, 2014
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North America

Wal-Mart has announced that it has promoted Greg Foran to president and CEO for its US operations. He will succeed Bill Simon, who will be transitioning out the company, the company said in a statement. Mr Foran will start his new role at the beginning of August, reporting directly to Doug McMillon, President and CEO of Walmart. Mr McMillon said :“Greg is one of the most talented retailers I’ve ever …

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1 MIN READ

USA: Walmart focuses growth plans on smaller stores and alcoholic drinks

July 9, 2014
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North America

Walmart is formulating plans to invest in smaller store sizes in an attempt to kickstart growth, according to reports from Giro News and the Wall St Journal. According to Giro News, the company’s mantra of “Everyday low prices” is no longer distinctive and the discounter has seen its price differential with rivals Target and Kroger shrink from 20% to 5% in recent years. The new plan is to open 300 …

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1 MIN READ

China: Wal-Mart to triple spending on food safety

June 20, 2014
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Asia Pacific, Food

The US retailer Wal-Mart has vowed to triple spending on food safety measures in China in a bid to avert further recalls and mislabelling of products. The move comes after this year’s discovery of fox meat found in packages labelled as “Five Spice” donkey meat. The company said it would increase checks on vendors to ensure DNA testing was being implemented and all necessary permits were in place. The mislabelled …

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1 MIN READ

USA: Wal-Mart and Wild Oats team up to launch organic foods

April 22, 2014
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Food, North America

Wal-Mart and Wild Oats are said to be teaming up to offer consumers in the US a range of organic food which are claimed to be at least 25% cheaper than other organic brands the supermarket carries. According to Food Business News, the products will cover a range of categories, from pasta sauce to quinoa, and will initially be available in half of Wal-Marts stores across the country. Wal-Mart have …

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1 MIN READ

USA: New CEO appointed by Walmart

November 28, 2013
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North America

Walmart has announced that Doug McMillon will replace Mike Duke as CEO of Walmart. McMillon will be the new president and CEO of Walmart form 31st January, with Duke staying on as chairman of the company’s executive committee and as an adviser to McMillon for 2014. Doug McMillon started working at Walmart as a “summer associate” in 1984 before returning in 1990 whilst studying his MBA. He was the president …

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1 MIN READ

USA: Walmart expands into “green cleaning”

November 19, 2013
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Household Care, North America

Walmart’s latest venture into ecological household goods indicates that the USA’s number one retailer sees ethicality as an increasingly mass-market concern. Its new Great Value Naturals line has been recently rolled out in more than 2,000 Walmart stores across the US, and is promoted as being as effective as leading conventional cleaners. Based on a new “all-natural” plant-based technology called “Evolve”, the range is advertised as 100 percent chemical-free and …

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