Walmart news 

12 January 2021
Walmart is partnering with Ribbit Capital to create a new fintech startup organisation with a focus on developing innovative and affordable financial solutions. Optimising Walmart’s scale This new partnership brings together Walmart’s retail knowledge and scale with Ribbit’s fintech expertise to deliver tech-driven financial experiences. The global investment firm is focused on investing in...
08 January 2021
We review major events that took place in China's grocery retail industry in the past year. 1. Flourishing of community stores Community store is the next big thing in China. It is estimated that 30% - 40% of the urban consumption expenditure is within 1 km of the community in China. It is an area that big format stores and online players find very hard to reach. The pandemic has acce...
24 December 2020
We look at how several of the leading US retailers are supporting the roll-out of the COVID-19 vaccine. Walmart supporting healthcare workers in rural areas This month, Walmart has started to administer the Moderna vaccine to healthcare workers (Priority 1A) in New Mexico. Store locations have been selected to support its administration in more rural areas. Given the vital role its stores, ...
17 December 2020
Walmart is partnering with some of TikTok’s most popular creators to offer a livestream shopping experience. Shopping directly from the TikTok platform Through this partnership the TikTok community will be able to purchase fashion items featured in content from the creators. They will be able to do this without leaving the TikTok platform. This will be the first shoppable livestream event o...
16 December 2020
New data from IGD reveals that the online grocery channel is set to represent 5% of the US grocery market by 2022, with a value of $82.0bn. Channel sales almost doubling in 2020 This new forecast represents a significant acceleration of growth within the channel. Previously we had forecast that sales through the channel would not reach this value until 2025. This new forecast aligns with re...
15 December 2020
Walmart is expanding its existing pilot programme with Gatik to test driverless deliveries. It is also going to test a longer route in Louisiana. Testing along the middle-mile Walmart initially partnered with autonomous vehicle company, Gatik, last year in Bentonville, Arkansas. The retailer has been using Gatik’s ‘Autonomous Box Trucks’ to move customer orders on a two-mile route between a...
24 November 2020
On November 5 Walmart Mexico (Walmex) opened the first store under its Walmart Express banner. Following our in-depth look at the strategy and expansion plans for the new banner, we now take a closer look at the pilot store and its new features. Source: Walmex Refreshed design and layout The store’s design has been modernised. New signage, with large lettering and colourful imag...
20 November 2020
Walmart plans to acquire the talent, technology platform and IP of JoyRun, a technology start-up based out of Silicon Valley, which operates a peer-to-peer delivery platform. Optimising local networks JoyRun essentially enables users to pickup and deliver items for friends and neighbours. It is used as a last-mile delivery platform by more than 500 companies, with over 30,000 people serving...
19 November 2020
Walmart Canada is expanding is partnership with San-Francisco based Focal Systems for the deployment of shelf-edge cameras. Improving product availability Building on a pilot programme, Walmart Canada will expand Focal Systems’ out-of-stock solution to additional stores next year. This forms part of a $3.5bn investment programme announced earlier this year. Focal’s cameras automatical...
17 November 2020
Walmex has launched an innovative new supermarket banner in Mexico. Its first Walmart Express store opened November 5 in Lomas del Valle, in the city of Puebla. With an initial investment of MXN1.3 bn (US64m), the business plans to convert existing Superama supermarkets to the new format, as well as opening new stores. Source: Walmex Stores will be a mix of conversions and new stores ...