Walmart news 

Walmart Canada is partnering with Inmar Intelligence to provide customers with access to digital coupons. Launching in October, the programme will provide Canadians with an additional way to save. Opportunity for CPG brands to engage The new digital coupons will be accepted in-store or online and will feature offers from CPG brands. The programme will use digital incentives technology to he...

Q2 2023 results have been posted for Walmart, Casino Group, Carrefour and Chedraui. A sales rise in June boosted Walmart Mexico’s Q2 net profit Walmart in Mexico and Central America reported a net profit of $668mn in Q2 2023, +5% year-on-year (YoY), boosted by slightly higher sales in June. Despite growth, earnings were slightly behind those forecasted. Same-store sales increased 8.5% in Me...

Amazon said July 11, the first day of Prime Day, was the largest sales day ever on Amazon, as well as being the biggest Prime Day on record for its independent retailers. Here we explore how this was achieved and how retailers in the US responded. Amazon Fresh was a target throughout Prime Day Unsurprisingly Amazon Fresh was a strong focus for Prime Day, with discounts being offered even be...

Walmart Canada is launching a new subscription programme called Delivery Pass. This allows customers to enjoy free next-day delivery on over 65,000 items, including groceries and general merchandise, for CAD$8.97 per month or CAD$89 annually. More features to be added in the future Initially launching in Ottawa, Delivery Pass will be expanded to Toronto, Montreal, and Vancouver before being...

The Canadian Competition Bureau’s Retail Grocery Market Study outlined four recommendations to governments to improve competition in the grocery industry. Two of these are focused on attracting new entrants to the market. We look at how realistic these options are. More competition required to lower prices Having concluded that Canada’s grocery industry is concentrated, the study said that ...

Our global analysts share some of the latest headlines across the globe. Here's what you need to know. Europe: Salling Group have ended its Basalt format, after trailing the hard discount concept the retailer has decided to not continue  In the Netherlands, Albert Heijn’s home delivery and store supply services in the centre of Rotterdam are powered by 100% electric energy. W...

Walmart delivered a solid first quarter, with US comp sales (ex-fuel) up 7.4%, driven by strong sales in food and health and wellness, but partially offset by a softening in GM sales. Whilst the retailer is recognised globally for its price leadership, in recent quarters it has addressed the increasing importance of becoming widely renowned for offering convenience. Here we explore this further, ...

Walmart has appointed Latriece Watkins as its new chief merchandising officer, following Charles Redfield’s decision to leave the business. Experienced Walmart executive Watkins has risen through the ranks at Walmart following a 24 year career with the retailer. Most recently she held the position of executive vice president or consumables. First joining the company as an intern in real estat...

Building on their strategic partnership, Walmart US and SES-imagotag are set to deploy the tech company’s VUSION platform, with 60m digital shelf edge labels (ESLs) to be installed. We consider the implications on this and how the technology will evolve over the next few years. Roll-out to 500 stores over the next 12-18 months This deal spans several years, with over 500 Walmart stores to b...

Walmart's recent analyst update highlighted three clear priorities; to grow sales, improve margin and strengthen return on investment. Here we explore how it plans to achieve this. 65% of stores to be serviced by automation by 2026 One of the key headlines from the event was Walmart’s aim to have roughly 65% of its stores serviced by automation by the end of fiscal ‘26. It estimates that ap...