Category Archives: International

Walmart’s Central American Success — Bloomberg.com

Walmart has been retooling its international strategy as of late, shrinking operations in the UK and Brazil, while placing more of an emphasis on its Chinese, Indian, and Central American stores: “Walmart’s business in Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica is a growing part of the retailer’s publicly traded Mexican and Central American business, Wal-Mart de Mexico SAB, or Walmex. The region now accounts for almost one-fifth of Walmex’s revenue, up from 14 percent in 2014.” P.S. Do...

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More on Walmart Brazil Sale — Reuters

More details on why Walmart is selling 80% of its Brazil operations to private equity firm Advent International: “The world’s biggest retailer has been looking to jumpstart its overseas business by retreating from lower-growth markets and investing in places like China and India. Brazil had for a decade been the focus of expansion but the unit stumbled in recent years as operational issues compounded the effects of a deep recession.” P.S. 8th & Walton’s supplier services can help you develop your...

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SoftBank Sells Flipkart Shares to Walmart — CNBC.com

Walmart is acquiring even more shares in Flipkart: “SoftBank did not disclose terms of the sale but this month CEO Masayoshi Son said its investment in the Indian firm was worth around $4 billion. The Vision Fund invested 2.5 billion in Flipkart in August last year.” P.S. E-commerce is growing in India. . .and around the world. Get your Walmart.com and SamsClub.com games up and running: Sign up for our E-Commerce course!

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U.S. & Chinese Tariffs Suspended — Wall Street Journal

China and the U.S. have agreed, for now, to suspend tariffs: “’Both parties have agreed to suspend the tariffs,’” Mr. Mnuchin said Monday in an interview on CNBC, echoing remarks he gave over the weekend. He specified that the U.S. was pausing its efforts to apply tariffs to $150 billion in Chinese imports to the U.S., and that China would hold its threat to retaliate with tariffs on $50 billion in U.S. goods.” P.S. Tariffs and other costs affect product pricing. Check...

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Canada Embraces Organics — The Packer

  Canadians are demanding organic products, with Millennials leading the charge: “Millennial consumers aged 18-34 make up a large part of the organic market,” she said. “Millennials are significantly more likely to purchase organics, with 83% of millennial respondents identifying as organic consumers.” P.S. Hoping to sell your products in Canada? Develop a strategy along with one of our experts. Book a consultation today.

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Walmart’s New International Strategy — CNN Money

CNN Money asked analysts to weigh in on Walmart’s new international strategy: “By pulling back in a saturated UK grocery environment and marshaling its resources in India, Walmart is adopting a more surgical approach than the “bull in a China shop” mentality it has taken in the past, said Paula Rosenblum, managing partner at Retail Systems Research.” P.S. Have you reviewed your supplier business’s strategy lately? Book a consultation with one of our experts so that we can help you...

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Walmart to Invest in Flipkart Group, India’s Innovative eCommerce Company — Walmart.com

BENTONVILLE, Arkansas, BENGALURU, India, May 9, 2018 – Walmart Inc. (NYSE: WMT) announced it has signed definitive agreements to become the largest shareholder in Flipkart Group (“Flipkart”). The investment will help accelerate Flipkart’s customer-focused mission to transform commerce in India through technology and underscores Walmart’s commitment to sustained job creation and investment in India, one of the largest and fastest-growing economies in the world. Subject to regulatory approval in India, Walmart will pay approximately $16 billion for an initial stake of...

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Why Walmart Sometimes Struggles Overseas — Forbes.com

  Walmart’s international brand performance can be uneven. One analyst explains why: “Walmart is certainly not alone in stumbling in Asia, Europe and South America among other places. American retailers like Home Depot and Best Buy both have crashed and burned in China and there are many others that couldn’t make the great leap across the oceans—though sometimes it was just a river or a lake.” P.S. If you have concerns about doing business here in the states, or with...

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Amazon Renews Flipkart Battle — Reuters

While some analysts believed that the Walmart acquisition of Flipkart was a done deal, Reuters is now reporting that the battle with Amazon for the Indian e-commerce company continues: “Amazon’s offer could kickstart a new battle between it and Walmart, already fierce retail rivals in the United States that have reportedly dueled over at least one acquisition before. The bid also emphasizes the importance of gaining a greater foothold in online sales in India, a market expected to be worth...

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Walmart Considers Asda Merger with UK Competitor — Reuters

Asda is reportedly in merger talks with Sainsbury, a UK grocery competitor: “The world’s largest retailer is in talks to merge its UK arm ASDA with J Sainsbury Plc (SBRY.L) in which it will hold a minority stake. Walmart is also looking to acquire a majority stake in India’s leading online retailer Flipkart for $10 billion to $12 billion after years of underperformance there.” P.S. If this merger happens, will your business be affected? Sign up for 8th & Walton’s...

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