Walmart news 

06 August 2020
Having revealed details earlier this summer of its plans to host drive-in movies at its stores, the retailer has launched the experience which will roll to 160 stores. Optimising store car parks Walmart is repurposing its large car parks through the summer to offer drive-in movies. This comes as traditional movie theatres are starting to re-open with social-distancing measures in place. The...
29 July 2020
We look at how Walmart Canada is activating back-to-school in-store and online. A different back-to-school In Canada, there remains a high degree of uncertainty with regards to the future school year due to the COVID-19 pandemic. Each province is responsible for setting the timelines and guidelines for the reopening of schools, colleges and universities. In most provinces, schools did reope...
23 July 2020
Walmart’s majority-owned Flipkart operation in India is launching a new wholesale business. As part of this initiative, Flipkart is acquiring Walmart’s existing business in India. Slow progress in developing its wholesale stores Walmart entered the Indian market over 10 years ago, initially forming a joint venture with Bharti Enterprises. When this was terminated in 2013, Walmart acquired t...
21 July 2020
Walmart stores will be closed on Thanksgiving Day this year. The day which falls immediately ahead of Black Friday is viewed as the official start of the holiday season and one of the retailer’s major trading opportunities. Bonus payment The announcement was made as Walmart detailed the payment of special bonus pay out to employees for their efforts in supporting customers during the COVID-...
20 July 2020
We look at Walmart Canada’s $3.5bn investment plan, the programmes its drawing on from the US and what it means for the business. Plans shaped by new CEO The retailer’s five-year plan to invest $3.5bn its stores, supply chain and technology comes nine months after the appointment of Horacio Barbeito as the retailer’s new president and CEO. He joined the retailer having held leadership roles...
19 July 2020
We look at how retailers are adapting to the easing of lockdown restrictions in Canada, in-store and through their ecommerce platforms. Most provinces are making solid progress through the different phases of their re-start plans. We look at how retailers in BC are adapting, with the province recently moving into phase three of its four-phase re-start plan. Phased re-start plan As one of Ca...
16 July 2020
As coronavirus cases spike in the US, several major US retailers will require shoppers to wear face masks. We look at what this means in terms of the intensity of the coronavirus pandemic in the the country. Bringing consistency across their operations Following Walmart's annoncement earlier in the week, several other US retailers have announced face mask mandates, including Kroger and Albe...
02 July 2020
We look at three new initiatives from Walmart, arising out of the COVID-19 pandemic, and consider what they mean for its longer-term strategy. 1. New cashier-free model Updating on an initiative which launched last month, Walmart has shared more details on its cashier-free test in Fayetteville, USA . The retailer has adopted a unique layout in the checkout area, removing the traditiona...
01 July 2020
The retailer announced the opening of its 27th store last week. It is Sam Club’s second store in the city of Ningbo, demonstrating the retailer’s commitment and confidence in its development plan in China. Pleasant shopping environment Same as other Sam’s Club stores, this new store has spacious environment. Aisles are nine metres high and three metres wide. Shopping carts with two child ...
17 June 2020
South Africa-based, Walmart-owned Massmart has released a trading update for the 23-week period ending 7 June. In it the retailer underlined the challenging market conditions it has operated in and which continue to affect its performance. Total sales fall by 10.3% Massmart reported total sales of ZAR34.8 bn (US$2.0 bn). During the 23-week period total sales fell by 10.3%, while comparable ...