Walmart news 

22 September 2021
Walmart has developed a new platform to make it easier for shoppers to identify products that are built better for them and for the planet. Icons used to identify two groups of products The new platform is integrated into Walmart.com. Shoppers will be able to quickly identify products that meet independent and authoritative standards for promoting personal well-being and reducing their envi...
22 September 2021
The country is seeing a wholesale store boom. Yonghui opened its first wholesale store in May 2021, it now has 45 such stores. Local retailers are rushing into the wholesale sector, encouraged by Yonghui’s good results Yonghui opened its first wholesale store in May 2021 by upgrading one of its Bravo YH supermarkets in Fuzhou. Within four months, it has upgraded 45 selected stores into wh...
16 September 2021
The company sees slowing growth of its hypermarket sales amid ecommerce shift, whilst demand for its premium goods at Sam’s Club is growing. Growth of hypermarket sales slows in China According to Bloomberg, sales in China’s supermarket and hypermarket sector fell more than 7% in the second quarter of 2021 compared to a year ago, as more Chinese shoppers shift online. Walmart has also flagg...
15 September 2021
Walmex (Walmart Mexico) is the leading grocery retailer in Mexico, where it operates close to 2,700 stores. In November 2020, it launched its new Walmart Express supermarket banner and announced plans to convert all stores under its premium Superama banner to the new format, in addition to opening new stores. During the pandemic, shoppers have been seeking value and they increasingly wan...
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’...