Walmart news 

Flipkart, Lazada and Tmall, leading ecommerce operators from across the region, are launching new customer-facing initiatives that tap into the desire to make better choices for people and the planet. Tmall introduces carbon emission product labelling Alibaba’s online marketplace Tmall is launching new product labelling to help shoppers understand environmental impact when making shopping w...

Sam’s Club is evolving its Member’s Mark private label to be a purpose-driven brand. New brand identity Member’s Mark is the retailer’s sole private-label range having consolidated around 20 different brands in 2017. Over the last five years, it has continued to invest in product development and quality, with more than 1,200 new or reformulated items launched in the last two years. Building...

PayPal's John Rainey has been named as Walmart’s new CFO. He takes over the position from Brett Biggs on June 6. Biggs announced last year that he would be stepping down from his role, having spent 22 years at the retailer. Joining from PayPal Rainey joins Walmart from PayPal, where he currently serves as its CFO and EVP, Global Operations. He joined the company seven years ago, helping it ...

As Walmart ramps up the expansion of Walmart Health, we look at what this means for the business and what it signifies about its wider strategic goals. Entering Florida with five Walmart Health facilities Walmart’s aiming to be a trusted healthcare partner by providing access to high quality care at an affordable price. As part of this, it launched the first Walmart Health facility in 2019....

Fast on the heels of new stores from Amazon and Target, Walmart Canada is to develop a sustainability-led store in Montreal. It is expected to open in the summer of 2023. Rooftop growing The new store will be developed in Marché Central, Montreal, one of Canada’s top-performing retail destinations and the city’s premier value shopping destination. It will be designed to showcase several of ...

Speaking at the Shoptalk retail technology event in Las Vegas, Sam’s Club president & CEO, Kath McLay, outlined why the business remains confident that it can continue growing after an incredible two-year performance. Thriving under the radar While Costco, Target and Walmart have drawn the accolades for driving growth since the start of the pandemic, the success of the latter’s Sam’s Club b...

Walmart announced partnering with UK based prestige beauty retailer Space NK to launch BEAUTYSPACE NK in its stores and online. New ways to shop premium beauty Space NK will launch its curated assortment on Walmart.com on 15 th March and in its stores nationwide this summer under the banner BEAUTYSPACE NK . The beauty retailer will offer over 600 products from 15 brands, including both...

Walmart is establishing new hubs in Atlanta, USA and Toronto Canada for its Global Tech teams, which will enable it to accelerate its progress in infusing its business with new technologies. The scale and scope of its tech presence can only be matched by a few retailers globally.  Reimagining the future of work and shopping Walmart’s Global Tech teams develop and manage the foundational tec...

As Walmart’s revenue approaches $570bn, we look at what’s driving its continued strong performance and consider what’s next for the business as it starts to gain traction with its flywheel model. Walmart's key numbers Walmart's total revenue in Q4 increased by 0.5% to $152.9bn, negatively impacted by divestments of $10.2bn Sales in its US stores increased by 5.7%, with Sam’s Club up 1...

In the next phase of Walmart’s Supercenter development programme, the retailer has revealed a bold new look for its core hypermarket concept. We take a look inside this store and consider what it means for the wider business and its long-term strategy. Phase two: revolution  Following the launch of a new look Supercenter in 2020 , focused on wayfinding and integrating offline and onlin...