Walmart news 

06 February 2014
Walmart Canada has announced plans to invest $500m this year in its stores, supply chain and ecommerce projects. Investing in infrastructure to support growth The expansion plan will fall into three broad categories. These include more than $376m on store projects, $91m on distribution network projects and $31m towards ecommerce projects. Walmart Canada will put this investment towards exp...
03 February 2014
This weekend saw Doug McMillon take the helm at Walmart as its new President & CEO. We look at the key questions on his to do list. Having previously led the retailer’s international operations since 2009, and Sam’s Club prior to that, the internal appointment will ensure a degree of continuity and consistency. However, the transition comes at a critical point in Walmart’s timeline, particular...
31 January 2014
Walmart has announced that fourth quarter comparable store sales, for the 13 weeks ending January 31, through its US stores and Sam’s Club operation, are expected to be lower than previously anticipated. Reductions in food stamps and winter storms having an impact Having initially expected fourth quarter comp store sales through its US stores to be flat, the retailer now expects these to be...
30 January 2014
Walmart has expanded the scope of its grocery e-commerce test in Denver to include pick-up from store for customer orders, in addition to home delivery. Customer pick-up enhances the convenience of grocery e-commerce Having run a test of grocery e-commerce, Walmart-to-Go, in the San Francisco area for a number of years, Walmart launched a new test in Denver last October. In contrast to the ...
28 January 2014
Walmart has announced a new $10m fund which will support manufacturing innovation and suppliers’ commitments to produce in the US. Grants will be given to manufacturing innovators At the US Conference of Mayors meeting in January, a date of March 2014 was set to launch this project. Walmart and the Walmart Foundation will fund the five-year program, working closely with the US Conference o...
23 January 2014
The Argentine government has introduced restrictions on online shopping, as it seeks to stop its reserves of foreign currency falling further, while the Venezuelan government is implementing changes to its foreign currency system.  No more home deliveries Argentine customers buying from websites like eBay and Amazon will no longer have their purchases delivered to their home addresses. ...
22 January 2014
Asda is set to increase its non food range by extending its George clothing brand into homewares under a distinct brand, George Home. Asda to launch George Home Asda's general merchandise department has previously featured some George items, however, the launch of George Home will see the retailer introduce 1,000 new lines bringing the retailer's homeware range to 4,000 products. The George ...
21 January 2014
We summarise the latest news as Walmart remains "steadfast" in its belief and commitment to the Indian market. Walmart registers new company in India The Economic Times reports Walmart has registered a new company in India. Registration took place on 15 January, under the name "Walmart India Private Limited".  This follows the end of Walmart's partnership with Bharti, and Walmart's buy...
16 January 2014
South Africa-based, Walmart-owned Massmart has announced full year results for the 53 week period to 29 December 2013, saying total sales rose 9.7% to ZAR72.2 billion (US$6.6 billion). Growth seen across all divisions Massmart said that it had enjoyed sales growth in all its subsidiaries. The retailer said that, when comparing 52 week periods in 2013 and 2012, it had enjoyed total sales growt...
13 January 2014
Walmart has made a number of leadership and organisational changes within its International division, as reported by The City Wire . Changes made as new CEO sets to take leadership of the Company These changes have been made at Walmart  as Doug McMillon is about to take up the CEO role in February, with David Cheesewright replacing him as the President & CEO of Walmart International. One o...