Walmart news 

The hypermarket channel is perceived to be struggling to grow, whether it is in store terms or sales. However, this is far from reality on a global basis. Retailers are finding ways to achieve incremental increases in basket size and are developing their proposition to attract shoppers back to store. We have selected three retailers investing in their largest stores and implementing new strategie...

Following the success of its drive-in movie initiative and summer camp programme, Walmart is launching three new events for the fall, including store and virtual Halloween activities. Halloween ‘spooky street’ Over the summer months, Walmart hosted drive-in movies at 160 stores , repurposing its large car parks. Building on this, it will transform 100 of its car parks into ‘spooky stre...

With Walmart confirming the sale of its UK-business, Asda, to the Issa Brothers and TDR Capital, we look at what the deal means for the retailer. 1. Opportunity to benefit from business improvement This transaction follows on from a similar move in Brazil in 2018, when the retailer divested an 80% majority stake of its operations in the country to private equity firm, Advent Internati...

Walmart has confirmed that the Issa brothers, co-CEOs of leading forecourt operator EG Group, and supported by TDR Capital have agreed to acquire its UK operations. The deal in brief Issa Brothers and TDR Capital will take equal shareholdings in Asda Walmart will retain an equity stake with an ongoing commercial relationship The deal values Asda at £6.8bn, on a debt-free and cash-f...

Walmart has revealed a new look and feel for its US Supercenters, with inspiration taken from airports to help its shoppers complete a fast and easy trip. App driven experience Walmart has developed a new look and feel for its stores, as reported by the Associated Press. Tested in one store, the exterior and interior of the stores will feature the Walmart app icon. The store entrance area w...

The owners of forecourt operator EG Group are reported to have won the race to be the preferred bidder to buy Asda from Walmart. Issa Brothers and TDR understood to be preferred bidders Though not confirmed by Asda or Walmart at the time of writing, Sky News, citing City sources, has reported that a consortium led by Mohsin and Zuber Issa and backed by TDR Capital has been chosen by Walmart...

We look at Walmart’s plans for Black Friday and the holiday season as it adjusts to the COVID-19 trading environment. Ensuring a fast, easy and safe shopping experience Due to the COVID-19 pandemic, Walmart is planning for a different holiday shopping experience this year. Last month, it announced that its stores would be closed on Thanksgiving Day, the traditional kick-off to the holiday s...

Walmart is targeting zero emissions across its global operations by 2040. The retailer also plans to manage or restore at least 50m acres of land and 1m square miles of ocean by 2030 to help combat the cascading loss of nature. On the path to becoming a regenerative company These new goals represent a raising of ambitions at Walmart as the retailer aims to play a leading role in transformin...

Having initially been in discussions with Microsoft to make a bid for the social media platform, TikTok, Walmart is partnering with Oracle and other investors to take a stake in a new company, TikTok Global. TikTok Global TikTok is creating a new company called TikTok Global that will be responsible for providing all TikTok services to users in the US and most of the users in the rest of th...

Following the launch of the first Walmart Health facility last year, Walmart has outlined plans to take the initiative to at least 22 locations by the end of next year. Targeting the Florida market The first Walmart Health facility opened in Dallas Georgia, followed by a further four locations in the state and one in Bentonville, Arkansas. This year, the retailer plans to open seven f...