Walmart news 

Walmart has announced plans for a new market ecosystem for the US which will see it leverage its broad store portfolio in local markets to maximise in-fill opportunities to drive sales growth. Capitalising on in-fill opportunities through smaller formats Walmart has identified a number of markets where opportunities exist for it to grow sales in local markets through building a network of sm...

US-based Walmart and Bharti have agreed to dissolve their joint venture in India, a step that will see each retailer to ‘independently own and operate separate business formats in India’. Decision sees end of franchise agreement Following the dissolution of the joint venture, which will be completed by Walmart buying out Bharti’s stake, Walmart will be left to run the Best Price Modern Whol...

Walmart considers acquisition in order to become the first or second player in the cities it operates in, reports The Wall Street Journal. Considering acquisitions to build regional strength Speaking at the Asia Pacific Economic Cooperation conference in Indonesia, Walmart Asia's CEO Scott Price outlined that the company was considering acquisitions in China to build its regional market s...

Walmart is expected to postpone its investment decision in Cedar Support Service as it continues to seek clarity on FDI policy. Postponing the decision to build on Bharti relationships Walmart first entered the Indian market in 2007 through a joint venture with Bharti Enterprises to open BestPrice Modern Wholesale cash and carry stores. A second dimension was added to the Bharti relations...

Walmart.com Brazil is to develop a new 53,500 sq m distribution centre in São Paulo, constructed by Prologis. Wider acceleration of e-commerce plans for Walmart The facility will be tailored to Walmart's needs. It will be located on Prologis' Cajamar II site to the north-west of São Paulo, close to the Anhanguera Highway which gives access to the ring road and to central São Paulo. Walma...

Largest online fulfillment centre to open in Pennsylvania Walmart is planning on opening the DCs in Texas and Pennsylvania, and will be part of a next-generation fulfillment network that will deliver US customer orders faster and at a lower cost. The new DC based in Fort Worth, Texas, is 800,000 sq ft. and began shipping orders last week. The Bethlehem, Pennsylvania operation will be more th...

Walmart has launched an online reality series which will feature the 20 finalists in its ‘Get on the Shelf’ contest, and provide the public with an opportunity to decide which new products should be made available for sale on Walmart.com, and possibly within its stores. Shopper input into the range selection process Building on the success of its ‘Get on the Shelf’ competition in 2012, Walm...

Canada Post is partnering with a number of retailers, including Walmart and Best Buy, to offer same-day delivery for online shopping in Toronto. Pilot project in Toronto Canada Post is trialling a same-day delivery service, “Delivered Tonight” in the Greater Toronto area, in order to test the potential demand for this service as it seeks to develop new revenue streams. Orders placed before 12...

The latest hotly debated topic around FDI is the suggestion of opening up the e-commerce channel, which currently has stringent restrictions on both investment and operating models. Building presence in the world's third largest internet population Amendments to legislation in line with bricks and mortar retailing would be welcomed by major players including eBay and Amazon. These com...

Walmart de México y Centroamérica has announced an agreement with Alsea, under which Alsea will acquire 100% of the retailer's restaurant division, VIPS. Part of Walmex's plan to simplify operations Walmex's restaurant division operates under various banners: VIPS, El Portón, Ragazzi y La Finca. The transaction, worth MXN8.2bn, has yet to be approved by regulatory authorities. Alsea will...