Walmart news 

09 September 2021
Walmart has formed a partnership with Meredith Corporation, the publisher of leading media titles such as People, Better Homes & Gardens, Allrecipes, Southern Living, and Real Simple, to help customers shop more quickly and conveniently across a range of platforms. Making Walmart available where consumers get inspired The partnership brings together Meredith’s expertise in food content, hyper...
02 September 2021
In separate developments, Walmart-owned Massmart and Shoprite have announced plans to exit several markets across Africa. The exits underline South African retailer’s growing focus on profitability and desire to sell off non-core assets to enable them to invest in faster growing areas of their operations. Massmart to exit five markets… Following its sale of non-core retail assets to Shopr...
01 September 2021
As part of its partnership with Ghost Kitchen Brands, Walmart has opened its first ghost kitchen at its store in Rochester, New York. Bringing new brands to the market Through this partnership, shoppers at the store will be able to make a one-stop meal pickup, or order for delivery, from up to 25 well-known foodservice brands. These include several brands which are new to Ghost Kitchens’ ro...
26 August 2021
Walmart majority-owned Massmart is divesting non-core retail assets to Shoprite Checkers, the leading grocery retailer in South Africa. The retailer has also confirmed that it is in talks to acquire a controlling stake in OneCart, the country’s leading grocery delivery service. Divesting Cambridge Food, Rhino Cash and Carry and Masscash Cash and Carry Massmart is divesting its Cambridge Foo...
24 August 2021
As part of its plan to develop alternative revenue streams and commercialise its ecommerce and technology investments, Walmart is launching a new delivery service, GoLocal. Utilising retail experience to create a relevant service Walmart will launch the new service over the next few months, having signed up several retail partners. Walmart plans to optimise its existing suite of fulfillment...
19 August 2021
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’...
17 August 2021
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...
16 August 2021
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 ...
13 August 2021
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 ...
04 August 2021
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 ...