Category Archives: International

Doug McMillon Concerned About Tariffs — CNBC

Walmart CEO Doug McMillon expressed concern over the need to raise prices if China and the United States continue their trade war: “Walmart is doing its best to keep prices unaffected by the U.S.-China trade war, but if things escalate it could be a different story, CEO Doug McMillon said Thursday. ‘We worry about next spring, next summer, next fall what customers will have to pay if tariffs do escalate,’ McMillon said in an interview with CNBC’s Becky Quick on ‘Closing...

Read More

Walmart China Tests Same-Day Delivery — MultiChannelMerchant.com

Walmart China is testing same-day fresh grocery delivery in one of its stores: “According to TechCrunch, WeChat customers can choose from 8,000 SKUs and receive orders in as little as one hour. Items available on the service include fresh produce, condiments, snacks, baby, personal care and home care items, products from Walmart’s Great Value brand and imported products sourced from around the world.” P.S. Grocery delivery and an expansion of its Chinese operations are two priorities for Walmart right now....

Read More

Successful Singles Day Sale for JD.com — RetailDive.com

JD.com, Walmart’s China e-commerce partner, enjoyed brisk sales on Singles Day: “JD.com, which is a leader in artificial intelligence and blockchain technology, worked closely with other brick-and-mortar retailers for its Singles Day Shopping Festival, the company said. During the sales event, which started on Nov. 1, brands such as Apple, Dell, Dyson, L’Oréal, SK-II and Pampers saw strong sales, and products from the U.S., Japan, Germany, the Netherlands and South Korea were popular.” P.S. Have you ever considered selling your products...

Read More

Walmart Canada Plans Store and Assortment Updates — Chain Store Age

Walmart Canada is making updates to its stores as well as its product assortments: “On the merchandise front, Walmart is adding more product assortments to further integrate stores into the community, including new ethnic selections and organics. (The retailer noted that, on Oct. 12, it opened a new supercenter in Burnaby B.C. equipped with a vast East Asian ethnic food offering.)” P.S. Are your products on Walmart Canada’s shelves? Our experts can help you discover whether selling in Canada is...

Read More

McKenna Talks Walmart’s International Challenges — Fortune.com

Walmart has been doing a lot with its international division lately. In this interview Walmart International CEO Judith McKenna talks about Walmart’s efforts around the world: “Judith McKenna, a Brit who has headed up the international business since February, tends to lean a bit more toward classic English understatement: ‘It’s certainly been a busy four months,’ she said at an investor meeting in June—although later this summer at Walmart headquarters in Bentonville, Ark., she admits, ‘I’m not necessarily recommending it as...

Read More

Another Look at Walmart’s International Omnichannel Initiatives — PYMNTS.com

An analysis of Walmart’s recent international acquisitions that demonstrate the retailer’s commitment to omnichannel sales worldwide: “Far from its headquarters in Bentonville, Arkansas, Walmart is seeking to deliver stronger omnichannel offerings internationally. The retailer recently announced that it was acquiring online marketplace Cornershop Inc., which offers crowdsourced on-demand delivery in Chile and Mexico. Through the service, consumers can order goods from pharmacies, supermarkets and specialty food retailers.” P.S. How is your omnichannel shaping up these days? A consultation with one of...

Read More

Walmart Foundation Announces Anti-Food Waste Grants for Canadian Groups — Walmart.com

The Walmart Foundation is providing grants to Canadian organizations with a focus on addressing and preventing food waste: “BENTONVILLE, Ark., September 17, 2018 – The Walmart Foundation today announced that it is making $1.5 million USD ($1.89 million CAD) available to fund proposals from eligible non-profit organizations working to reduce food waste in Canada. The Walmart Foundation is seeking proposals from qualified organizations that have experience in formulating, proposing, and implementing food waste reduction efforts. Requests between $300,000 and $1,000,000...

Read More

Walmart to Acquire Cornershop in Mexico and Chile — Walmart.com

BENTONVILLE, Ark., Sept. 13, 2018 – Walmart Inc. (NYSE: WMT) today announced the acquisition of Cornershop, Inc., a leading online marketplace for on-demand delivery from supermarkets, pharmacies and specialty food retailers in Mexico and Chile. This transaction is an important step forward in accelerating the company’s omnichannel capabilities and growth in Latin America. It follows Walmart’s recent investment in Dada-JD Daojia in China and the strategic alliance with Rakuten in Japan. “We are focused on making life easier for customers and...

Read More

Interview with Walmart Canada Executive — DealerScope.com

A quick interview with Peter Vivona, Senior Category Manager for appliances online (Walmart Canada) about his search for European electronics at the IFA show: “We continue to make significant investments in e-commerce to be able to deliver a superb customer experience and to provide online innovations to give our customers a unique shopping experience. We also invest to be nimble. Speed to market online is also hugely important as the customer is always changing and decisions are made swiftly with a...

Read More

Walmart China Invests in Online Grocery Firm — USNews.com

Walmart is investing in a Chinese online grocery delivery company, one that Walmart partner JD.com is also heavily involved in: “Walmart said it invested about $320 million in the latest fundraising. The Arkansas-based company’s partnership with Dada-JD Daojia dates back to 2016 when it invested $50 million, the company said, adding that at present, 200 Walmart stores in 30 major Chinese cities have a presence in JD Daojia.” P.S. Walmart continues to invest in growth markets such as China and...

Read More