Walmart news 

18 February 2021
We review Walmart's fourth quarter and full year results, as it outlines the next phase of its growth and development. Walmart's key numbers Walmart's total revenue in Q4 increased by 7.3% to $152.1bn, representing an additional $10.4bn Sales in its US stores increased by 7.9%, with Sam’s Club's sales up 8.1% US ecommerce sales increased 69% US comp store sales increased by 8.6%...
16 February 2021
Shoppers’ needs have evolved in recent years and they increasingly want stores and online delivery services that can adapt to their busy lifestyles. This has been accelerated by the conditions of the pandemic, which have impacted mobility, creating a greater need for delivery. In response, retailers are investing in ecommerce and re-prioritising their omnichannel strategies. Walmart Mexico (...
06 February 2021
Walmart-owned Flipkart has begun to deliver wholesale grocery items to Kirana stores and other small retailers in India. Pilot in Gurugram and service will be rolled out to the rest of India later Flipkart Wholesale, which connects manufacturers with retailers in 23 cities, started with clothing and footwear. With the addition of grocery products in its inventory, Kirana stores and small re...
05 February 2021
In 2020, the Covid-19 pandemic impacted the food and consumer goods industry in a way that no one could have foreseen at the start of the year. Shopping habits changed at rapid pace and the retailers had to adapt to meet their changing needs. Although it is unclear exactly what the next 12 months will bring, the actions of the region’s leading retailers in 2020 help to us to understand the d...
28 January 2021
Walmart is rebranding its in-house media business, Walmart Media Group, to Walmart Connect, as it expands its focus across digital and physical platforms. Three focus areas Growing its media business is a strategic focus for Walmart as part of its goal to develop alternative revenue and profit streams. With over 150m weekly customers, Walmart Connect will aim to optimise the retailer’s phys...
28 January 2021
Building on its existing automated micro-fulfillment partnership with Alert Innovation, Walmart is scaling up its programme through engaging with a broader range of partners including Dematic and Fabric. Improving availability, speed and efficiencies Walmart started piloting the micro-fulfillment concept at its store in Salem, New Hampshire, in 2019, using an automated solution in partnersh...
26 January 2021
Walmart Chile has been rebuilding after a challenging 2020, where it was impacted by political turmoil and riots. These issues were exacerbated by the arrival of the COVID-19 pandemic. Following a surge in online demand at the start of the pandemic, the business announced it was investing US$50m into ecommerce initiatives in 2020 and 2021. Here we explore how the business is bolstering its o...
25 January 2021
South Africa-based, Walmart-owned Massmart has published a sales update for its 2020 financial year, noting trading its fourth quarter improved as ‘ many of the previously imposed Covid-19 related trading restrictions [were] lifted, which allowed trading to resume in most categories . However, the continued restrictions on the sale of liquor had a strong impact on its overall performance. Sale...
15 January 2021
Marc Lore, president and CEO, Walmart US ecommerce, is leaving the business at the end of January. He will remain as a strategic advisor to the retailer until the end of September. Transformed Walmart’s ecommerce operations Lore joined Walmart in 2016 as part of the acquisition of Jet.com, the ecommerce business he founded. In addition to being able to optimise the capabilities of Jet.com, ...
12 January 2021
Walmart is partnering with HomeValet to pilot online grocery deliveries directly into smart boxes located outside customers’ homes. Temperature controlled, IoT enabled Starting this spring, customers in Bentonville, Arkansas, will be able to receive deliveries from their local Walmart directly into a temperature-controlled smart box. This features an IoT (Internet of Things) enabled platfor...