Category Archives: International

Walmart Delays Asda Sale — CNBC

The demand for groceries during the COVID-19 pandemic, and the need to concentrate on urgent business,  has led Walmart to pause its efforts to sell a majority stake in Asda: “Walmart has paused efforts to sell a majority stake in U.K grocer Asda, so it can direct full attention to managing the business as the coronavirus pandemic creates massive spikes in demand for groceries.” P.S. Walmart continues to pursue overseas opportunities and is investing in strong executive leadership for its...

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Report: Walmart Moving Forward with Asda Sale — Bloomberg.com

Bloomberg reports that Walmart is planning to go forward with selling Asda: “Walmart Inc. is proceeding with the planned sale of U.K. supermarket chain Asda after attracting initial bids from three buyout firms, even as tightening credit threatens to hamper debt-fueled dealmaking, people familiar with the matter said.” P.S. Walmart continues to pursue overseas opportunities and is investing in strong executive leadership for its international division. Are you interested in selling your products in other countries? Our experts can help....

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EU Flight Restrictions Can Impact Cargo Shipments — SupplyChainDive.com

The decision to restrict commercial flights from Europe may have an impact on cargo transportation: “Though the travel restrictions will have less of an impact on transatlantic trade than it originally appeared after Trump’s address, removing belly cargo space by dramatically reducing commercial flights will take a significant bite of out of the air cargo market on the affected routes.” P.S. OTIF might be disrupted along with supply chains. Our experts at 8th & Walton can help guide you through...

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Report: Walmart Considers Selling Asda Stake — BBC.com

There are reports that Walmart is in talks to sell a stake in Asda to interested parties: “The US retail giant said it was talking to a “small number of interested parties” about a possible investment.” P.S. Walmart remains actively involved in its international branches and partnerships. Are you interested in selling your products in other countries? Our experts can help. Contact us today to schedule an appointment.

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Analysts: Coronavirus Could Cause Imports to Drop — SupplyChainDive.com

The National Retail Federation predicts a possible drop in expected imports due to coronavirus: “Major U.S. ports could see a nearly 13% drop in containerized retail imports in February, down to 1.41 million TEUs, due to extended production shutdowns caused by the coronavirus outbreak in China, according to the National Retail Federation’s Global Port Tracker.“ P.S. In a global economy, the unexpected can have a serious impact on how you do business. Need help in developing a nimble, responsive organization?...

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China Announces Tariff Reductions — SupplyChainDive.com

China has announced that it will cut tariffs on the importation of U.S. goods: “China will cut tariffs in half on $75 billion worth of imports from the U.S., according to a translation of a statement from China’s Ministry of Finance. The changes will take effect Feb. 14.” P.S. Tariffs could increase costs throughout the supply chain. 8th & Walton advisors help suppliers run a nimble business and keep costs down as much as possible — whether their production is...

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JD Logistics Delivers Needed Supplies in China — SupplyChainDive.com

Walmart partner JD Logistics is actively working to deliver necessary supplies in Chinese provinces that are affected by the coronavirus: “JD Logistics is deploying delivery staff, autonomous shuttles and drones to deliver medical and commercial cargo throughout coronavirus quarantine zones in Wuhan and Hubei Province in China, the company said Thursday.” P.S. Walmart continues to pursue overseas opportunities and is investing in strong executive leadership for its international division. Are you interested in selling your products in other countries? Our...

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Walmart’s Response to Coronavirus — Walmart.com

Walmart’s Judith McKenna, Chief Executive Officer – Walmart International, issued a memo to all Walmart associates describing the company’s actions regarding coronavirus: “As I write this note, I can’t help but take pride in the way our teams come together to support their communities. We may still be in the early stages, but I want you to know that we will be there for our associates and customers every step of the way. Service is core to who we are,...

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Walmart’s Mexican Expansion — Reuters.com

In 2019, Walmart Mexico opened 134 stores throughout the country: “Walmart now runs 3,407 stores in Mexico, where it has more locations than in any other country outside the United States, its Mexican unit, Walmart de Mexico (WALMEX.MX), said in a monthly report.” P.S. Walmart’s Mexico expansion is consistent with the rest of its international goals and efforts Are you interested in selling your products in Mexico? Our experts can help. Contact us today to schedule an appointment.

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Walmart Supports U.S.-Mexico-Canada Trade Agreement — Walmart.com

Walmart backs a North American trade agreement currently proposed in congress: “Walmart supports the U.S.-Mexico-Canada Agreement and urges swift congressional passage of the agreement. North America is core to Walmart’s operations as a global company with more than 2,800 Walmart retail units in Mexico and Canada, supporting nearly 430,000 jobs, in addition to more than 5,000 U.S. stores and clubs and 1.5 million U.S. jobs. Walmart and our customers will benefit from the free flow of goods and services under...

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