Walmart news 

30 November 2021
Walmart Canada is acquiring Foodmaestro to deliver a more personalised online shopping experience and help shoppers discover more relevant products aligned with their health and dietary needs. Why this deal is important? It reinforces Walmart's strategic focus on health and wellness It highlights its commitment to be the omnichannel leader in Canada and needs to have the best online experi...
28 November 2021
Data from Adobe Analytics reveals that online sales on Black Friday fell marginally this year to $8.9bn, compared to $9bn in 2020. We look at what’s behind this dip. Strong performance compared to 2019 This year’s sales performance has to be put into context. Last year’s sales was a record high for Black Friday, increasing 21.6% compared to 2019, when sales hit $7.4bn. This was driven by re...
23 November 2021
Walmart is partnering with Twitter to host livestream shopping as part of a broad programme of similar events this holiday season. The retailer is the first partner for the social media platform in the US for this type of event. Kick-off to Cyber Week This event will feature singer, songwriter and dancer Jason Derulo and will mark the launch of Walmart’s Cyber Week. This is a major sales ev...
16 November 2021
After a strong performance in the third quarter, the retailer has raised its outlook for sales and profit growth for the full year. With momentum heading into the key trading period, what can we expect to see from Walmart? Walmart's Q3 key numbers Walmart's total revenue in Q3 increased by 4.3% to $140.5bn, representing an additional $8.8bn in sales Sales in its US stores increased by...
08 November 2021
Walmart has taken its driverless pilot with Gatik to the next level by removing safety drivers from its vehicles. Could this solve the profit challenge of grocery ecommerce? Innovating with the middle-mile Walmart first worked with autonomous vehicle company, Gatik, in 2019 in Bentonville, Arkansas. The retailer has been using Gatik’s ‘Autonomous Box Trucks’ to move customer orders on a two...
01 November 2021
As part of its plan to help consumers discover products through emerging forms of content, Walmart’s digital media division, Walmart Connect, is providing its brands with new ways to activate their campaigns this holiday season. Through its ‘content to commerce’ approach, Walmart Connect is offering a range of programmes that can be activated across its own digital properties, omnichannel integ...
25 October 2021
Walmart Mexico (Walmex) has reported another strong set of quarterly results for Q3 2021. Its total revenue grew by 7.7%, totaling MX$145.6 bn (US$7.2 bn), with same-store-sales growth of 6%. In March 2021, we covered Walmex’s strategic priorities for 2021 , which were announced during its annual Walmex Day event. Here we explore the solid progress it has made against two pillars: leading i...
18 October 2021
Following the success of its series of Black Friday events last year, Walmart is replicating the model this year. However, one key change it is making is providing members of its Walmart+ programme with early access to its deals. Phased approach Last year, Walmart evolved its traditional approach to Black Friday to limit the surge of shoppers to its stores to support COVID-19 related social...
17 October 2021
Through its Store No8 incubation arm, Walmart is testing a text to shop service. This forms part of its braoder plans for conversational commerce. Conversational commerce Walmart’s Store No8 and Global Tech teams are testing a beta experience which enables customers to add products to their online shopping list by text. Available in selected areas, the retailer is aiming to make this more w...
13 October 2021
For several years, shoppers have shown a growing interest in their health and well-being. Grocery retail is one of many stakeholders that has responded by improving access and choice. The COVID-19 pandemic has intensified shoppers’ interest in this area, creating a new wave of interest. This aligns with one of our expectations for a post-pandemic world, which will see shoppers look to the indu...