Walmart news 

02 July 2020
We look at three new initiatives from Walmart, arising out of the COVID-19 pandemic, and consider what they mean for its longer-term strategy. 1. New cashier-free model Updating on an initiative which launched last month, Walmart has shared more details on its cashier-free test in Fayetteville, USA . The retailer has adopted a unique layout in the checkout area, removing the traditiona...
01 July 2020
The retailer announced the opening of its 27th store last week. It is Sam Club’s second store in the city of Ningbo, demonstrating the retailer’s commitment and confidence in its development plan in China. Pleasant shopping environment Same as other Sam’s Club stores, this new store has spacious environment. Aisles are nine metres high and three metres wide. Shopping carts with two child ...
17 June 2020
South Africa-based, Walmart-owned Massmart has released a trading update for the 23-week period ending 7 June. In it the retailer underlined the challenging market conditions it has operated in and which continue to affect its performance. Total sales fall by 10.3% Massmart reported total sales of ZAR34.8 bn (US$2.0 bn). During the 23-week period total sales fell by 10.3%, while comparable ...
16 June 2020
Walmart has acquired the technology platform, patents and key intellectual property of CareZone, a health-tech startup which helps individuals manage their medications. Improving access to healthcare services CareZone was developed to help users organise their health information and access health services. Through a mobile app, users can scan their insurance cards and product labels to bett...
15 June 2020
Walmart has converted a large-format Supercenter to self-checkout only. Supporting a safe shopping environment Fox Business reports that Walmart has converted a store in Fayetteville, Arkansas, to self-checkout as part of a test to determine if the change will provide a safer experience for shoppers. As part of retailers’ responses to the COVID-19 pandemic, we identified providing a safe s...
15 June 2020
Walmart is partnering with Shopify to open the Walmart Marketplace to its sellers. Leading platform enabling sellers to move online Shopify has emerged as one of the leading ecommerce companies enabling sellers to develop an online presence through providing them with a platform and relevant services. The Shopify platform powers over 1m business across 175 countries, including smaller, indi...
11 June 2020
We round up ecommerce initiatives from Pick n Pay, Massmart-owned Game, JamboPay, and Sokowatch. Game partners with Uber Eats for essential products South Africa-based, Massmart-owned Game has partnered with Uber Eats to deliver groceries and essential products through its app. The service will be available at 21 Game locations in Cape Town, Durban, Johannesburg, and Pretoria, with further ...
25 May 2020
The coronavirus (COVID-19) pandemic is re-shaping retail and the outlook for the sector. We highlight why Walmart will be one of the retailers that emerges stronger based on the trends currently emerging. The return of the big-box, one-stop shopping During the crisis, most retailers have reported a big switch-up in shopper behaviour. With the previous trend having been towards more frequent...
21 May 2020
South Africa-based, Walmart-owned Massmart has provided an update on its trading and discussed its current initiatives as it looks to conserve cash given the prolonged lockdown caused by the coronavirus (COVID-19) pandemic. Sales fall 11.9% due to lockdown in South Africa Massmart reported that total sales for the 19 weeks ended 10 May fell 11.9% versus the same period in 2019. It said tota...
20 May 2020
Following the outbreak of Coronavirus (COVID-19) in January, retailers in China have responded with urgency and empathy as the situation evolves - we will continue to update this article with the latest developments... May updates Second lockdown: the cities of Jilin and Shulan in Jilin province, with more than five million populations, have been put on lockdown since mid May after the...