Walmart news 

03 April 2022
Fast on the heels of new stores from Amazon and Target, Walmart Canada is to develop a sustainability-led store in Montreal. It is expected to open in the summer of 2023. Rooftop growing The new store will be developed in Marché Central, Montreal, one of Canada’s top-performing retail destinations and the city’s premier value shopping destination. It will be designed to showcase several of ...
28 March 2022
Speaking at the Shoptalk retail technology event in Las Vegas, Sam’s Club president & CEO, Kath McLay, outlined why the business remains confident that it can continue growing after an incredible two-year performance. Thriving under the radar While Costco, Target and Walmart have drawn the accolades for driving growth since the start of the pandemic, the success of the latter’s Sam’s Club b...
17 March 2022
Walmart announced partnering with UK based prestige beauty retailer Space NK to launch BEAUTYSPACE NK in its stores and online. New ways to shop premium beauty Space NK will launch its curated assortment on Walmart.com on 15 th March and in its stores nationwide this summer under the banner BEAUTYSPACE NK . The beauty retailer will offer over 600 products from 15 brands, including both...
17 March 2022
Walmart is establishing new hubs in Atlanta, USA and Toronto Canada for its Global Tech teams, which will enable it to accelerate its progress in infusing its business with new technologies. The scale and scope of its tech presence can only be matched by a few retailers globally.  Reimagining the future of work and shopping Walmart’s Global Tech teams develop and manage the foundational tec...
17 February 2022
As Walmart’s revenue approaches $570bn, we look at what’s driving its continued strong performance and consider what’s next for the business as it starts to gain traction with its flywheel model. Walmart's key numbers Walmart's total revenue in Q4 increased by 0.5% to $152.9bn, negatively impacted by divestments of $10.2bn Sales in its US stores increased by 5.7%, with Sam’s Club up 1...
30 January 2022
In the next phase of Walmart’s Supercenter development programme, the retailer has revealed a bold new look for its core hypermarket concept. We take a look inside this store and consider what it means for the wider business and its long-term strategy. Phase two: revolution  Following the launch of a new look Supercenter in 2020 , focused on wayfinding and integrating offline and onlin...
25 January 2022
Walmart is investing in Plenty, a leading vertical farming company, by participating in its $400m Series E funding round. Strategic partnership Walmart plans on leveraging its investment in Plenty to deliver fresh produce to stores in California. The two companies plan on working strategically to create a new, market-leading product category in vertical farming. The retailer will start to sou...
25 January 2022
Walmart de México y Centroamérica, also known as Walmex, operates 864 stores (Q3 2021) across five markets in Central America; Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua.   The retailer is assessing “strategic alternatives” for its operations in Honduras, El Salvador and Nicaragua, which could lead to forthcoming sales or joint ventures. “We believe there may be attractive ...
15 January 2022
Janey Whiteside, chief customer officer, and Scott McCall, chief merchandising officer, are leaving their roles at Walmart US. Customer-centric approach The departure of these two key executives was announced in an internal memo, as reported by Talk Business and Politics. Janey Whiteside joined the business in 2018 as the retailer’s first chief customer officer. Over the last four years she...
12 January 2022
Following a test of the service with Walmart last year, HomeValet’s smart boxes are being made available for purchase for the first time. This will support the expansion of the retailer’s InHome delivery service. Roll-out starting in Florida Last year, HomeValet partnered with Walmart to pilot online grocery deliveries directly into smart boxes located outside customers’ homes. The smart bo...