Argentina: Walmart and Mercadoni form e-commerce alliance
The Argentinian arm of US retailer Walmart and Mercadoni, a leading online shopping platform, have announced a partnership agreement enabling online orders to be delivered faster, according to a report in America Retail. According to sources, the agreement allows orders in the city of Buenos Aires to be delivered within two hours of being placed. […]
USA: Walmart launches Sam’s Choice Italia range
US retail giant Walmart has announced the launch of a new Italian food range, introduced under the Sam’s Choice Italia brand name. According to Walmart, the range was developed in partnership with the Italian Trade Agency and features 40 products, including ready meals, bagged pastas, pesto and pasta sauces, canned tomatoes, balsamic vinegar and frozen […]
Brazil: Walmart launches Walmart Supermercado
Walmart Brasil, the Brazilian arm of the world-leading grocery retailer, has announced the opening of a new store concept in Brazil called Walmart Supermercado (‘Supermarket’). According to a press release from the retailer, the initiative is part of an investment of R$500 million ($152 million), in which the new concept will be adopted by 120 […]
USA: Jet.com to launch private label brand targeting millennials
Jet.com, the e-commerce retailer acquired by retail giant Walmart in 2016, is to launch a line of own brand grocery products under the name Uniquely J, according to a report in the New York Post. The move comes as e-commerce rival Amazon steps up its activities in the FMCG space, including launching its own line of private label […]
USA: Walmart to launch e-commerce service via Google Express
Multinational retailer Walmart has announced that it is to launch a service enabling consumers to order products via Google Express, technology giant Google’s e-commerce platform. Writing in the New York Times, Marc Lore, Walmart US president & CEO of e-commerce, said the firm would be working with Google to offer hundreds of thousands of items via […]
USA: Walmart to launch private label for Italian products
US based retail giant Walmart has announced a one-year agreement with the Italian Trade Agency (ITA) to launch a new range of imported products from Italy under a new private label. According to European Supermarket Magazine (ESM), the new agreement will see the retailer will buy 16% more food and wine products from Italy per […]
USA: Walmart looking to buy Jet.com – reports
Walmart – the world’s largest grocery retailer – is looking to reinvigorate its online sales through the acquisition of e-commerce start-up Jet.com, according to a report in Tech Crunch. Quoting “a source with direct knowledge of the deal”, Tech Crunch reports that Walmart is set to pay up to $3 billion for the online retail […]
China: Walmart partners with JD.com in e-commerce initiative
Walmart, the leading supermarket chain in the US, and JD.com, China’s largest e-commerce company by revenue, have announced the formation of a strategic alliance “to better serve consumers across China through a powerful combination of e-commerce and retail”. The agreement between the companies includes a wide range of business initiatives, covering both online and offline retail. […]
USA: Walmart teams up with Uber and Lyft for grocery delivery service
US retail giant Walmart is said to have partnered with Uber Technologies and Lyft to test a new grocery delivery service, potentially in a bid to compete with Amazon, according to US media reports. Sources state that Walmart has also started testing a similar service in Miami for its warehouse chain Sam’s Club, partnering with […]
USA: Wal-Mart stores to close more than 250 stores globally
Wal-Mart, the world’s leading grocery retail chain, has announced that it is to end its smaller format operations and will look to close 269 stores globally, including 154 in the USA. According to Business News Network, the confirmation of store closures comes three months after Chief Executive Officer Doug McMillon revealed proposals to review Wal-Mart’s […]