Walmart news 

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 ...

Walmart, along with H&M Group, Ingka Group (IKEA), and Kingfisher plc, are launching a new climate change initiative to accelerate movement in the retail industry. More for retail to do The ‘Race to Zero Breakthroughs: Retail Campaign’ initiative has been developed to encourage other retailers to set out their plans to achieve 1.5 degree aligned carbon reduction targets. In partnership with...

North America’s grocery retailers* added over $100bn in sales last year as the pandemic caused a surge in demand and a shift from out-of-home to at-home dining. We compare this to previous years and identify some of the key winners in 2020. More growth than the previous three years combined Combined sales of over 40 of the region’s largest retailers increased by $103.6bn last year. This i...

Walmart and Kraft Heinz have partnered to launch 11 episodes focused on healthy, convenient meal solutions, across its shoppable interactive video hub, Walmart Cookshop. Walmart initially partnered with tech company eko in 2018 to develop original, interactive content to help the retailer develop more frequent and deeper engagement with its customers. The technology enables a new level of pers...

Walmart-owned Flipkart has launched Shopsy, a new social commerce platform.  It can benefit individuals and small businesses who can now resell products in their own networks, through social messaging apps such as WhatsApp. Free for individuals & small businesses, who earn a commission for selling Shopsy is a social commerce platform that will allow budding entrepreneurs to register on the ...

Pride month is observed across many markets in Asia, although it is not as huge as the celebration in Europe and the Americas.  COVID-19 restrictions have hindered plans to have physical gatherings for Pride month, but the pandemic has not stopped some retailers in Asia to launch virtual campaigns for this occasion. Philippines: Alibaba-owned Lazada recognises the LGBTQIA+ stigma  Man...

Building on an existing partnership with DroneUp, Walmart is investing in the company to support its work in developing a scalable last-mile delivery solution. Earlier this year, it invested in self-driving company, Cruise. Flights over people and moving vehicles Walmart and DroneUp partnered last year to launch trial deliveries of at-home COVID-19 self-collection kits. Since the launch, se...

Walmart is converting its Supercentre hypermarket in Terrace, BC to a cashier-free model, using different configurations of self-checkouts. US trial The store in Terrace has been selected due to its high self-checkout use. The store will be remodelled to feature traditional self-checkouts and larger self-checkouts for bigger baskets and carts, with store associates available to support cust...