Walmart

Senior Asda staff seeking exit

Senior Asda staff seeking exit

Published on Apr 22nd, 2021
Photo: Asda

Reports have emerged of a mass exodus by Asda senior staff, after headhunters claimed they had been contacted by several executives of the UK retailer, according to The Times. Some Asda executives are said to be leaving as they can no longer participate in the share scheme of Asda’s previous owner Walmart. Asda has restructured its staff bonus opportunities to mitigate the loss of the Walmart share scheme. 

Walmart to open pop-up e-distribution centres

Walmart to open pop-up e-distribution centres

Published on Nov 17th, 2020
Photo: Walmart USA

US retailer Walmart is to open pop-up e-commerce distribution centres to fulfil home delivery orders this Christmas. The eDCs are planned to meet growing demand for home delivery of online orders. Walmart expects to send out up to 30% of its holiday volume from these pop-up eDCs. 

The move follows Amazon’s use of tents to create temporary delivery stations to support last-mile delivery of packages during demand surges since April 2019. 

Walmart sells off Asda

Walmart sells off Asda

Published on Oct 15th, 2020
Zuber and Mohsin Issa © PR (Source: The Guardian)

 

Walmart has sold its majority stake in Asda in a deal that values the UK supermarket chain at £6.8 billion. The purchasers are a consortium of brothers Zuber and Mohsin Issa and private equity firm TDR Capital, which will take a majority stake in the chain. It means the grocer will return to majority UK ownership for the first time in two decades.

Walmart China partners with Sweeki for top-quality kiwis

Flagship store for Sam’s Club China

Flagship store for Sam’s Club China

Published on Apr 09th, 2020

Sam's Club, the high-end membership store of world retailing giant Walmart, is expected to open its flagship store in Shanghai, with a total area of ​​approximately 70,000m2. The opening of the store, the third in the city, is seen as an attempt to stave off the fierce competition from Costco Wholesale stores, reports China Daily.

Indian startup Ninjacart backed by Walmart and Flipkart

Indian startup Ninjacart backed by Walmart and Flipkart

Published on Dec 19th, 2019
Credit: Business Standard

 

 

Indian online retailer Flipkart and its major stakeholder Walmart have invested in fresh produce startup, Ninjacart. Ninjacart connects fruit and vegetable growers with retailers and food service operators via its technology-integrated supply chain. The new partnership is intended to grant Indian retailers and consumers better access to high-quality fresh produce, while also supporting farmers.

Walmart back on track with Produce 2.0

Walmart back on track with Produce 2.0

Published on Dec 16th, 2019

 

Walmart’s fresh produce is now at the level of its competitors. This is the bold statement of the US retail giant’s CEO Doug McMillon, following the launch of the Produce 2.0 initiative. Speaking at an investor conference, McMillon said, “We match up (to our rivals), but I don't want to have our team get comfortable. We have a really competitive quality offer and a great value in produce today.”

Food firms join forces with retailers in China to set up Fresh Assemble

Food firms join forces with retailers in China to set up Fresh Assemble

Published on May 02nd, 2018

Walmart and JD.com have joined forces with seven major food suppliers in China to expand Walmart’s home delivery service in the country with the addition of 100 new products. The venture is called Fresh Assemble and will feature contributions from Goodfarmer, Tyson, Sunner, Blue Snow, Jinlongyu, Dole and Yili, Customers living within three kilometres of Walmart retail outlets across China can choose from 450 different items to order products for home delivery via the JD Daojia platform.

Food firms join forces with retailers in China to set up Fresh Assemble

Food firms join forces with retailers in China to set up Fresh Assemble

Published on May 02nd, 2018

Walmart and JD.com have joined forces with seven major food suppliers in China to expand Walmart’s home delivery service in the country with the addition of 100 new products. The venture is called Fresh Assemble and will feature contributions from Goodfarmer, Tyson, Sunner, Blue Snow, Jinlongyu, Dole and Yili, Customers living within three kilometres of Walmart retail outlets across China can choose from 450 different items to order products for home delivery via the JD Daojia platform.

Walmart honoured as top US mango retailer

Walmart honoured as top US mango retailer

Published on Oct 20th, 2016

Walmart has been singled out from over 100 retailers in America for special recognition as a mango retailer.

The US National Mango Board (NMB) named Walmart’s Wynn Peterson and Gary Campisi the 2016 Mango Retailers of the Year.

The award recognises retailers that go above and beyond to offer strong consistent support to the mango industry, and deliver outstanding mango promotion results, and was announced on October 16 during the PMA Fresh Summit Convention & Expo in Orlando, Florida.

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