Walmart news 

02 October 2013
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...
01 October 2013
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...
01 October 2013
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...
24 September 2013
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...
18 September 2013
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...
12 September 2013
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...
11 September 2013
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...
03 September 2013
Walmart Chile has reported a year-on-year revenue increase of 9.9% for the second quarter, with EBITDA up 14.2%. Revenue increase driven by retail segment The retail segment, which contributes 95% of revenue, grew sales by 10.8% during the period, due to an increase in comparable store sales. Walmart Chile operated 331 stores at 30 June 2013, spanning 761,000 sq m; three new stores opened...
02 September 2013
China's leading online grocery retailer has expanded its offer of fresh foods to Beijing, reports China Daily. Unlocking the potential of fresh and frozen categories online Yihaodian, in which Walmart holds a majority stake, initially launched its fresh food delivery service in Shanghai in March; this now attracts over 1,200 orders per day. On August 28th Yihaodian extended the service to ...
29 August 2013
At IGD, we are keeping an eye on the online grocery channel around the world. Here, we take a closer look at the US market, including latest developments and innovative new retailers to watch. Online grocery is becoming a major priority for US retailers Although it is niche today, technology is empowering shoppers to transact anytime, anywhere, and a growing number of start-ups and tradit...