Walmart news 

25 May 2020
The coronavirus (COVID-19) pandemic is re-shaping retail and the outlook for the sector. We highlight why Walmart will be one of the retailers that emerges stronger based on the trends currently emerging. The return of the big-box, one-stop shopping During the crisis, most retailers have reported a big switch-up in shopper behaviour. With the previous trend having been towards more frequent...
21 May 2020
South Africa-based, Walmart-owned Massmart has provided an update on its trading and discussed its current initiatives as it looks to conserve cash given the prolonged lockdown caused by the coronavirus (COVID-19) pandemic. Sales fall 11.9% due to lockdown in South Africa Massmart reported that total sales for the 19 weeks ended 10 May fell 11.9% versus the same period in 2019. It said tota...
20 May 2020
Following the outbreak of Coronavirus (COVID-19) in January, retailers in China have responded with urgency and empathy as the situation evolves - we will continue to update this article with the latest developments... May updates Second lockdown: the cities of Jilin and Shulan in Jilin province, with more than five million populations, have been put on lockdown since mid May after the...
20 May 2020
The retailer plans to expand its members-only warehouse chain in the next eight years. Embarking on a growth plan after the pandemic The company told employees about this goal in a townhall meeting on Wednesday. The retailer is one of the few winners of the coronavirus crisis, benefiting from its omnichannel strength. Unlike its no-frills, bulking-buying approach in the U.S., the Chin...
19 May 2020
Asda's LFL sales grew by 3.5% (exc. fuel) in the three months to March 31st, according to newly released financial results. The period was boosted by a surge in demand for groceries in the weeks leading up to the imposition of the lockdown on March 23rd, as shoppers stocked up on essentials and switched from eating out to meals at home. The sales growth also benefited from one more trading day th...
19 May 2020
As Walmart discontinues Jet.com, we look at how the retailer plans to go it alone with Walmart.com. $3.3bn deal brought several benefits Walmart acquired Jet.com in a $3.3bn in 2016. The deal brought four key elements into the Walmart business. These included: Access to a more affluent, young and urban customer group, mainly located on the US east coast Technology capabilities, inc...
19 May 2020
We review Walmart's first quarter results and its outlook as the business adapts to the new trading environment. Walmart's key numbers Walmart's total revenue in Q1 increased by 8.6% to $134.6bn Operating income increased 5.6% $5.2bn Sales in its US stores increased by 10.5% and by 9.6% at Sam’s Club US comp store sales increased by 10.0%, with average ticket up 16.5% while tran...
14 May 2020
Ramadan this year will look very different for those celebrating the event around the world due to the coronavirus (COVID-19) pandemic. Retailers have introduced new and creative approaches to help those celebrating at home. In this article we look at what retailers globally are doing to promote the event. Carrefour UAE: Ramadan boxes for those in need Carrefour UAE partnered with the Emira...
01 May 2020
Walmart has introduced a new online delivery service which enables customers to receive their orders in as little as two hours. Available in 2,000 stores by the end of May The Express Delivery service enables customers to order from more than 160,000 items from the retailer’s food, consumables and general merchandise ranges. This includes groceries, everyday essentials, toys and electronics...
27 April 2020
Walmart has partnered with Nextdoor to make it easier for neighbours in the US to help one another during the COVID-19 pandemic. ‘Neighbours Helping Neighbours’ programme Nextdoor is a neighbourhood hub for trusted connections and the exchange of helpful information, goods and services. Through this programme, Nextdoor members can request assistance, or offer to help someone in their commun...