Walmart news 

02 March 2021
Last month our Future Talk webinar looked at where grocery retail is heading in North America, with a focus on store of the future developments. This replay is available for subscribers only. Part one: from store of now to the store of the future (2:00 minute mark) Covid-19 and grocery formats Future store elements Five big bets for the store of the future Part two : inside Wa...
01 March 2021
Walmart has removed the $35 minimum order requirement for its Express delivery programme, bringing in a new $10 additional flat fee for the service. Available at over 3,000 stores Walmart launched the Express delivery service last May, enabling customers to receive their orders in as little as two hours. Over the last nine months, this has been expanded to almost 3,000 stores, reaching 70% ...
01 March 2021
Walmart Mexico (Walmex) recently reported total revenue growth of 8% for 2020 and 5.9% for Q4. Same-store-sales increased by 6.7% for the full year (4.9% in Q4). At its annual Walmex Day event, the business outlined three business priorities for the year 2021 and beyond: win in discount lead in omnichannel develop its ecosystems. Ambition to become the omnichannel market leader ...
26 February 2021
Walmart has expanded its shoppable interactive video hub, Walmart Cookshop, adding twenty-two new episodes, including celebrity collaborations. Builds on existing strategic partnership Walmart and eko initially formed a strategic partnership in 2018, to develop original, interactive content to help the retailer develop more frequent and deeper engagement with its customers. The technology e...
25 February 2021
Walmart-owned, South Africa-based Massmart released a trading update for the 52-week period ending 27 December 2020, noting full year sales fell 7.7% to ZAR86.5 bn (US$5.9 bn). The retailer reported comparable sales contracted by 7.5% in the year, although it had seen an improvement in performance in Q4. Q4 sales contracted 4.1% The retailer said sales in its fourth quarter were down 4.1% o...
22 February 2021
In our report on Valentine’s Day 2021 , we highlight five key themes from the event and explore best-in class retail execution from the UK and beyond. In this article we round up some of our favourite examples of in-store execution from the UK and Canada. M&S: creating an immersive in-store experience Marks & Spencer created a vibrant, love-themed vibe in-store. Its standalone fixtures dis...
19 February 2021
In an update for analysts, Walmart has outlined its capital expenditure plans for the year ahead and the continued transformation of its business. Uniquely Walmart Walmart’s president and CEO, Doug McMillon, struck an upbeat tone in outlining his vision for the company. Building on the momentum of 2020 , the retailer plans to accelerate its strategy to deliver long term growth. It’s ai...
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...