Walmart news 

After a strong performance in the third quarter, the retailer has raised its outlook for sales and profit growth for the full year. With momentum heading into the key trading period, what can we expect to see from Walmart? Walmart's Q3 key numbers Walmart's total revenue in Q3 increased by 4.3% to $140.5bn, representing an additional $8.8bn in sales Sales in its US stores increased by...

Walmart has taken its driverless pilot with Gatik to the next level by removing safety drivers from its vehicles. Could this solve the profit challenge of grocery ecommerce? Innovating with the middle-mile Walmart first worked with autonomous vehicle company, Gatik, in 2019 in Bentonville, Arkansas. The retailer has been using Gatik’s ‘Autonomous Box Trucks’ to move customer orders on a two...

As part of its plan to help consumers discover products through emerging forms of content, Walmart’s digital media division, Walmart Connect, is providing its brands with new ways to activate their campaigns this holiday season. Through its ‘content to commerce’ approach, Walmart Connect is offering a range of programmes that can be activated across its own digital properties, omnichannel integ...

Walmart Mexico (Walmex) has reported another strong set of quarterly results for Q3 2021. Its total revenue grew by 7.7%, totaling MX$145.6 bn (US$7.2 bn), with same-store-sales growth of 6%. In March 2021, we covered Walmex’s strategic priorities for 2021 , which were announced during its annual Walmex Day event. Here we explore the solid progress it has made against two pillars: leading i...

Following the success of its series of Black Friday events last year, Walmart is replicating the model this year. However, one key change it is making is providing members of its Walmart+ programme with early access to its deals. Phased approach Last year, Walmart evolved its traditional approach to Black Friday to limit the surge of shoppers to its stores to support COVID-19 related social...

Through its Store No8 incubation arm, Walmart is testing a text to shop service. This forms part of its braoder plans for conversational commerce. Conversational commerce Walmart’s Store No8 and Global Tech teams are testing a beta experience which enables customers to add products to their online shopping list by text. Available in selected areas, the retailer is aiming to make this more w...

For several years, shoppers have shown a growing interest in their health and well-being. Grocery retail is one of many stakeholders that has responded by improving access and choice. The COVID-19 pandemic has intensified shoppers’ interest in this area, creating a new wave of interest. This aligns with one of our expectations for a post-pandemic world, which will see shoppers look to the indu...

We look at three new programmes from Walmart and what they mean for the business. Netflix partnership to offer a range of music, clothing, toys and games Walmart has partnered  with Netflix to create a dedicated retail hub on Walmart.com to offer a range of exclusive merchandise and digital content. The launch of the ‘Netflix Hub at Walmart’ is the first digital storefront for the streaming...

The Home Depot is the first retailer to use Walmart’s new delivery service. We look at how this is set to evolve and what it means for the potential of the business. Optimising Walmart’s fulfillment and delivery capabilities Walmart announced the launch of its new GoLocal service in August. This enables other retailers to optimise its existing suite of fulfilment and delivery capabili...

With a total area of 70,000 sq m (comparable to 10 football fields), the world’s largest and China’s first Sam’s Club flagship store has opened in Waigaoqiao Bonded Zone, Pudong New Area, Shanghai on 26 September. A shopping and entertainment destination The outlet includes a Sam's store, as well as catering, entertainment, and education. " It is not just another shopping outlet, but combin...