Walmart news 

Walmart’s investment in Flipkart has positioned it towards more of a digital and ecommerce business, according to the CEO and Director of Walmart, Doug McMillon.  It is now preparing for Flipkart’s Big Billion Days sale, which is expected to be launched during the Diwali festival in November.   Flipkart has also added more fulfillment centres in India to cope with the rising demand. Flipkart’...

With another strong quarterly performance, Walmart has lifted its outlook for the full year, including anticipating global ecommerce sales of $75bn this year. Walmart's key numbers Walmart's total revenue in Q2 increased by 2.4% to $141.0bn, representing an additional $3.3bn in sales Sales in its US stores increased by 5.3%, with Sam’s Club up 13.9% (+7.7% ex-fuel) US ecommerce sal...

Chilean startup Algramo, which translates to ‘by the gram’, was established in 2013. In its first years the business installed vending-style machines in neighbourhood supermarkets, which sold bulk products such as cleaning detergents and commodities like rice and beans. This unique initiative enabled customers to buy these products in bulk in reusable containers, saving them money on the cost of ...

The retailer has opened a high-tech omnichannel supermarket with new concept design in Shenzhen, China. Highlights of the store are summarized below. Seamless O2O shopping experience empowered by technology This includes: Digital screens strategically placed to increase awareness of its online channel Interactive in-store digital screens that allow shoppes to place online orders ...

With people spending more time at home because of the pandemic, Walmex (Walmart Mexico) responded by reprioritising its digital transformation, shifting its investment in to strengthening its omnichannel proposition. In early 2021 it announced its three strategic priorities for the year ahead, of which one was ‘leading in omnichannel’. Here we explore how this is progressing and how the launch ...

As part of its plan to develop new revenue and profit pools, Walmart is to start offering several of its technologies and capabilities to other businesses. Enabling further investment in the customer value proposition Under this initiative, Walmart will aim to monetise the technologies it has developed over the last few years to support its digital transformation and moves towards creating ...

The retailer announced the official opening of Guangzhou Tianhe store on 20 July. It is the retailer’s second store in Guangzhou and the 33 rd in the country. More than 4,000 SKUs sourced globally The store is situated in Merrill Lynch M·LIVE World, Huangpu Avenue, Tianhe District, Guangzhou. Covering an area of more than 20,000 sq m, the store offers 1,500 parking spaces. The range consis...

Having undertaken three major divestments in the last year and digital growth set to outpace sales through physical formats, a very different Walmart will emerge over the next five years. We highlight the five major changes to plan for. Business in transformation Walmart is the world's largest retailer, with activities spanning North America, Latin America, Asia and Africa. It has emerged a...

Sam’s Club has developed a new feature as part of its Scan & Go technology which enables members to scan a product in-store for delivery direct to their home or business. Integrated into Scan & Go The Scan & Ship programme has been integrated into the retailer’s Scan & Go feature within its app. Members using the feature scan a product in the club and choose to have it delivered to their ho...

Flipkart has recently raised an additional US$ 3.6bn in its first external funding since it was acquired by Walmart in 2018.  The deal now values the company at US$ 37.6bn. Walmart-owned Flipkart doubles its valuation in less than three years After Walmart has acquired a 77% stake in Flipkart for US$ 16bn in 2018, it has expanded its operations to smaller towns and cities, added more items ...