Walmart China opens two next-generation stores
2 months, 3 weeks ago

Walmart China opens two next-generation stores

China Daily  

Customers shop at a Walmart China new next-generation store in Kunming, Yunnan province, in December. CHINA DAILY Walmart China unveiled two new next-generation stores in Kunming, Yunnan province, in December, marking a major step in the retailer's transformation strategy. The new generation stores integrate customer-driven design principles across 16 themed sections, reflecting everyday consumption scenarios such as breakfast, hot pot, travel, pet care and global products. These next-generation stores are not only an example of Walmart's evolving retail model, but also a step toward redefining the shopping experience for Chinese consumers to drive further growth. Sam's Club's sales growth in lower-tier cities is significantly higher than in larger cities, indicating increasing demand for the membership store model in lower-tier markets, said Kantar Worldpanel China.

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Walmart China opens two next-generation stores
2 months, 3 weeks ago

Walmart China opens two next-generation stores

China Daily  

Customers shop at a Walmart China new next-generation store in Kunming, Yunnan province, in December. CHINA DAILY Walmart China unveiled two new next-generation stores in Kunming, Yunnan province, in December, marking a major step in the retailer's transformation strategy. The new generation stores integrate customer-driven design principles across 16 themed sections, reflecting everyday consumption scenarios such as breakfast, hot pot, …

Walmart China, Meituan in strategic partnership
3 months, 1 week ago

Walmart China, Meituan in strategic partnership

China Daily  

People shop for groceries at a Walmart in Chongqing on Feb 8. Walmart China and Meituan, an online service platform, announced details of a strategic partnership on Tuesday, designed to enhance and expand real-time retail operations and capabilities. Zhu Jun, chief procurement officer at Walmart China, said the company has built an omni-channel retail matrix that combines online and offline …

Walmart to build or convert 150-plus stores in next 5 years. It hasn’t opened new stores in 3 years
1 year, 1 month ago

Walmart to build or convert 150-plus stores in next 5 years. It hasn’t opened new stores in 3 years

Associated Press  

NEW YORK — Walmart said Wednesday it plans to build or convert more than 150 stores in the next five years, while remodeling existing stores. In a memo shared with The Associated Press, John Furner, president and CEO of Walmart’s U.S. division, said that the first two new stores under this initiative, both Neighborhood Markets, are set to open later …

Store expansions, online orders help in keeping momentum on even keel
4 years, 1 month ago

Store expansions, online orders help in keeping momentum on even keel

China Daily  

A Starbucks Now Store in Beijing's financial area. CHINA DAILY Leading coffee chains are banking on the strong growth seen in the recent quarters to chart store expansions and penetration into more lower-tier cities, despite the huge surge in online orders due to the COVID-19 restrictions. Leading coffeehouse chain Starbucks Corp said its comparable store sales rose by 5 percent …

Walmart agrees to sell its business in Argentina
4 years, 4 months ago

Walmart agrees to sell its business in Argentina

Associated Press  

NEW YORK — Walmart will sell its business in Argentina as it continues to restructure its international division. Walmart will continue to support the business transition services and sourcing agreements under Grupo de Narvaez, the company that is acquiring it, but it will not retain an equity stake. It has since expanded to more than 90 locations and 9,000 workers …

Walmart fires over 100 top executives in India: Report
5 years, 2 months ago

Walmart fires over 100 top executives in India: Report

India TV News  

Walmart Inc has fired over 100 of its India executives as part of its restructuring in the country, a report in the Economic Times said. About Walmart India Walmart India owns and operates 28 Best Price Modern Wholesale stores offering nearly 5,000 items in a Cash & Carry wholesale format. In 2014, Walmart India became a wholly-owned subsidiary of Walmart …

Walmart China plans to open 500 new stores
5 years, 4 months ago

Walmart China plans to open 500 new stores

CNN  

Hong Kong CNN Business — Walmart is doubling down in China despite an economic slowdown. The Arkansas-based retailer announced Thursday that it plans to open 500 new stores in China over the next five to seven years. JD.com, China’s second largest e-commerce player after Alibaba, now hosts Walmart’s groceries and other various products on its own online shopping platform. The …

Walmart sales up despite warning signs of looming US recession
5 years, 7 months ago

Walmart sales up despite warning signs of looming US recession

CNN  

New York CNN Business — Fresh off Wall Street’s worst day of the year, Walmart calmed investors worried the US economy could fall into a recession. Walmart, a Dow stock and bellwether of consumer spending, said Thursday sales at its jumbo-size US stores increased 2.8% during its most recent quarter compared with the same period a year ago. Walmart’s results …

Walmart ranked as India’s top retailer: Report
5 years, 7 months ago

Walmart ranked as India’s top retailer: Report

Live Mint  

New Delhi: US retail giant Walmart is India’s top retailer, according to a study by Euromonitor International tracking Asia’s largest retailers. Walmart is followed by another US giant—online retailer Amazon—that according to the report titled Top 100 Retailers in Asia 2019 is India’s second-largest retailer. "Due to households’ hectic lifestyles and the busy schedules of working adults, most consumers in …

Walmart launches third outlet in Telangana; retail giant plans to open fourth store in state’s Warangal this year
5 years, 8 months ago

Walmart launches third outlet in Telangana; retail giant plans to open fourth store in state’s Warangal this year

Firstpost  

Spread over 50,000 sq ft, Walmart store will significantly contribute to the local and state economy by creating an estimated 2,000 direct and indirect jobs. Hyderabad: Walmart India launched its third Cash and Carry store “Best Price Modern Wholesale Store” in Telangana at Nizamabad, a company press release said on Wednesday. Krish Iyer, president and CEO, Walmart India, inaugurated the …

Walmart to invest $1.2 billion in China to boost logistics
5 years, 8 months ago

Walmart to invest $1.2 billion in China to boost logistics

CNN  

Hong Kong CNN Business — Walmart is pouring more than a billion dollars into its Chinabusiness as it faces growing competition from local rivals and online retailers. The US retail giant plans to invest around 8 billion yuan in distribution centers in China over the next two decades, it said in a statement sent to CNN Business. “Walmart continues to …

Walmart upbeat after China success
6 years, 3 months ago

Walmart upbeat after China success

China Daily  

Consumers shop at a Walmart supermarket in Nanjing, Jiangsu province. Firm attributes strong sales show to market reforms, quality drive Robust third-quarter sales growth in China and some key markets is making US retail giant Walmart Inc upbeat about full-year earnings prospects. In addition, Walmart announced a $50 million strategic investment in New Dada, China's largest local on-demand logistics and …

Walmart to open 30 cash-and-carry stores in next three years
6 years, 8 months ago

Walmart to open 30 cash-and-carry stores in next three years

Deccan Chronicle  

Lucknow: US Retail major Walmart will open 30 wholesale cash-and-carry stores in the next three years, a top company official on Monday said. “We would launch two stores this year, eight stores next year and 10 stores a year after that,” said Walmart India President and CEO Krish Iyer. Walmart India, the wholly owned subsidiary of Walmart Inc, today opened …

Walmart wants to engage with its existing customers digitally: Fiona Tan
7 years ago

Walmart wants to engage with its existing customers digitally: Fiona Tan

Live Mint  

New Delhi: Walmart Labs is using the vast database of its offline customers to create its omni-channel identity, said Fiona Tan, senior vice-president of Walmart Labs while delivering a keynote address at EmTech India 2018 on Thursday. Tan, who joined Walmart in 2014, is responsible for customer technology at Walmart Labs across their e-commerce properties and physical stores. Walmart Labs, …

Walmart To Launch Online Grocery Delivery In Japan, E-Book Sales In U.S.
7 years, 2 months ago

Walmart To Launch Online Grocery Delivery In Japan, E-Book Sales In U.S.

NPR  

Walmart To Launch Online Grocery Delivery In Japan, E-Book Sales In U.S. Enlarge this image toggle caption Yuya Shino/Reuters Yuya Shino/Reuters Walmart has a laser-like focus when it comes to finding ways to compete with rival Amazon.com, and the world's largest bricks-and-mortar retailer has announced its latest attempt. Walmart Stores, Inc. is joining with Japan's largest e-commerce retailer Rakuten to …

Wal-Mart, trying to hone its same-day delivery skills, buys New York’s Parcel
7 years, 5 months ago

Wal-Mart, trying to hone its same-day delivery skills, buys New York’s Parcel

LA Times  

People walk in and out of a Walmart store, in Dallas on Aug. 26, 2016. Wal-Mart is sharpening its same-day delivery skills through the acquisition of a small New York City company. Wal-Mart said Tuesday that Parcel, with a warehouse in Brooklyn, has learned to deftly navigate densely populated areas and get groceries to customers fast. Wal-Mart’s focus on fast, …

Wal-Mart aims big in Guangdong
7 years, 11 months ago

Wal-Mart aims big in Guangdong

China Daily  

A customer buys fresh pork imported from the United States at a supermarket in Zhengzhou, Henan province. Wal-Mart Stores Inc will continue to increase its investment in Guangdong province, as it plans to add more than 40 new stores and one fresh food distribution center in the province in the next five years. Wal-Mart's expansion plan in the province was …

Wal-Mart aims big in Guangdong
7 years, 11 months ago

Wal-Mart aims big in Guangdong

China Daily  

US retail giant to open 40 new stores after signing contract with province Wal-Mart Stores Inc will continue to increase its investment in Guangdong province, as it plans to add more than 40 new stores and one fresh food distribution center in the province in the next five years. Wal-Mart's expansion plan in the province was one of the 14 …

Walmart eyes 50 new stores; 20 of them in UP, Uttarakhand: Report
8 years ago

Walmart eyes 50 new stores; 20 of them in UP, Uttarakhand: Report

India TV News  

In an attempt to ramp up its business in the cash-and-carry segment and also enter food retail segment if the government eases norms, global retail giant Walmart is planning to open 50 new stores in India, half of which will be located in Uttar Pradesh and Uttarakhand. Times of India, in its report, cited sources saying that Walmart, which currently …

Wal-Mart’s China revival strategy calls in JD.com and its drones
8 years, 5 months ago

Wal-Mart’s China revival strategy calls in JD.com and its drones

Live Mint  

Shanghai: Wal-Mart Stores Inc. has hit the reset button on its China strategy in dramatic fashion. Shoppers in select remote villages could even see their Wal-Mart products being delivered by drones as part of a pilot project by its Chinese partner, JD.com Inc. After unsuccessful efforts to scale up its own e-commerce network, Wal-Mart launched this week several new initiatives …

Wal-Mart resets strategy with new partnership with JD.com
8 years, 9 months ago

Wal-Mart resets strategy with new partnership with JD.com

China Daily  

A man fixes a display in the aisle at a Wal-Mart store in Miami, Florida. [Photo provided to China Daily The new alliance between Wal-Mart Stores Inc and JD.com Inc is expected to give Wal-Mart wider customer access and offer a fresh start to its struggling retail business in China. Wal-Mart said the alliance expands its opportunity in e-commerce and …

Wal-Mart to sell its China e-commerce operation to JD.com
8 years, 9 months ago

Wal-Mart to sell its China e-commerce operation to JD.com

China Daily  

A woman examines goods on sale at an outlet of Wal-Mart Inc in Yichang, Hubei province. Wal-Mart Stores Inc is selling its e-commerce operation in China to JD.com Inc in exchange for the Chinese e-commerce major's five percent stake. Under the agreement, JD.com, which is the biggest rival of Alibaba Group, will take ownership of Wal-Mart's Yihaodian online marketplace and …

Retailer Parkson to expand in lower-tier cities
8 years, 9 months ago

Retailer Parkson to expand in lower-tier cities

China Daily  

People pass by a department store of Parkson Retail Group in Changzhou, East China's Jiangsu province, Aug 23, 2013. Hong Kong-listed retailer Parkson Retail Group will expand into more third and lower-tier Chinese cities, developing small to medium-sized urban residential and commercial complexes. Mr Cheng says changing the retail group's footprint in China and transforming business models are a "must", …

Wal-Mart steps up online efforts in China as a key to future
8 years, 9 months ago

Wal-Mart steps up online efforts in China as a key to future

The Hindu  

Wal-Mart’s tiny warehouse in eastern Shanghai doesn’t look like much. It’s one of 250 hubs that Wal-Mart’s Yihaodian e-commerce venture owns and operates in 200 cities, mostly concentrated in eight key cities like Shanghai and Beijing. Wal-Mart has been stepping up its efforts to get a bigger share of China’s overall online business, which now has surpassed the U S …

Wal-Mart to open 60 new stores by 2017
8 years, 11 months ago

Wal-Mart to open 60 new stores by 2017

China Daily  

A cashier at a Wal-Mart outlet in Shanghai. Part of retailer's effort to integrate businesses in a tough market Wal-Mart China is opening 60 new stores in the country by 2017 as part of its efforts to integrate its hypermarkets, membership stores and online platform to offer customers more convenience and quality products in a highly-competitive retail market, the company's …

Alibaba’s business hits $463 bn mark, slated to pip Walmart as world's top retailer
9 years ago

Alibaba’s business hits $463 bn mark, slated to pip Walmart as world's top retailer

India TV News  

Beijing: Marking a significant development in the e-commerce market, Chinese giant Alibaba has on Monday said it has crossed a major milestone, hitting the 3 trillion RMB in trade volume transacted over its China retail marketplaces in under a year. “Today, with 10 days remaining in our fiscal year ending March 2016, Alibaba’s China retail marketplace platforms surpassed RMB 3 …

Wal-Mart, Carrefour adapt to Web revolution
9 years, 3 months ago

Wal-Mart, Carrefour adapt to Web revolution

China Daily  

A clerk helps a customer at the fish counter at the Sam's Club outlet on the far western edge of Beijing, China. Sam's Club, the premium and membership retail format of the world largest retailer Wal-Mart Stores Inc, joined forces in November with its sister company Yihaodian, one of China's leading e-commerce platforms for fast-moving consumer goods. Hypermarkets in China …

Walmart's next store to come up in 2017, Punjab likely site
9 years, 5 months ago

Walmart's next store to come up in 2017, Punjab likely site

The Hindu  

Continuing with its cautious expansion in India, US-retail giant Walmart will open the next cash and carry outlet only in 2017 and is zeroing in on Punjab for that. I do expect the next one will be in Ludhiana in Punjab,” Walmart India President & CEO Krish Iyer told PTI. Asked by when the next cash and carry outlet will …

Local produce, local talent key for store chain[1]- Chinadaily.com.cn
9 years, 6 months ago

Local produce, local talent key for store chain[1]- Chinadaily.com.cn

China Daily  

Sean Clarke, president and CEO, Wal-Mart China To coincide with President Xi Jinping's first state visit to the United States, China Daily asked senior executives with American companies for their opinions on China's business environment. We have also made significant progress by launching Wal-Mart To Go in 23 stores in Shenzhen, giving customers the convenience of ordering through Wal-Mart's mobile …

Local produce, local talent key for store chain[1]- Chinadaily.com.cn
9 years, 6 months ago

Local produce, local talent key for store chain[1]- Chinadaily.com.cn

China Daily  

Sean Clarke, president and CEO, Wal-Mart China To coincide with President Xi Jinping's first state visit to the United States, China Daily asked senior executives with American companies for their opinions on China's business environment. We have also made significant progress by launching Wal-Mart To Go in 23 stores in Shenzhen, giving customers the convenience of ordering through Wal-Mart's mobile …

Wal-Mart makes online shopping steps for growth
9 years, 10 months ago

Wal-Mart makes online shopping steps for growth

China Daily  

An outlet of Wal-Mart in Yichang, Hubei province. Wal-Mart Stores Inc, the multinational retail conglomerate, launched an online-to-offline mobile platform in Shenzhen, Guangdong province, on Tuesday, looking for new business growth amid challenges brought about by the booming online shopping. The newly launched platforms include a mobile shopping application, named "Walmart to Go", online shopping sections in physical stores and …

Retailers take online route to keep e-commerce firms at bay[1]- Chinadaily.com.cn
9 years, 10 months ago

Retailers take online route to keep e-commerce firms at bay[1]- Chinadaily.com.cn

China Daily  

Customers browse bonded products at a Guangzhou Grandbuy store. The company, the largest department-store chain in the city, has opened cross-border e-commerce experience sections in three stores that adopt the online-to-offline mode. Guangzhou Grandbuy, the largest department-store chain in Guangzhou, capital city of Guangdong province, opened cross-border e-commerce experience sections in three stores on May 15 that adopt the online-to-offline …

Disney bows with a merchandising blitz
9 years, 10 months ago

Disney bows with a merchandising blitz

China Daily  

Visitors at Walt Disney Co's biggest store in Shanghai. Biggest ever retail store launched to showcase resort due for spring opening The Walt Disney Co opens its biggest ever store by size in Shanghai on Wednesday, predominantly to market the Shanghai Disney Resort, which is scheduled to open next spring. Paul Candland, the president of The Walt Disney Co Asia, …

Apple steps up China expansion with another new store[1]- Chinadaily.com.cn
10 years, 2 months ago

Apple steps up China expansion with another new store[1]- Chinadaily.com.cn

China Daily  

Photo taken on Jan 22, 2015 shows a new Apple Store located by the West Lake in Hangzhou, capital of East China's Zhejiang province. Hangzhou's first Apple Store will go into business on Jan. 24, which is also the 14th directly-operated Apple Store in China. HANGZHOU - Apple will open its 14th Chinese mainland store in Hangzhou, in East China's …

Walmart plans more hypermarkets[1]- Chinadaily.com.cn
10 years, 9 months ago

Walmart plans more hypermarkets[1]- Chinadaily.com.cn

China Daily  

A Walmart supermarket in Yichang, Hubei province. Walmart China will continue to grow hypermarkets and high-end membership format Sam's Clubs in the next three years even as it further develops its home delivery and e-commerce business in the country, top company officials said on Wednesday. Greg Foran, head of Walmart Asia and former president and CEO of Walmart China, said …

“Walmart may open first India store within 18 months”
12 years, 6 months ago

“Walmart may open first India store within 18 months”

The Hindu  

Walmart Stores Inc has said it is capable of opening stores within 12 to 18 months in India, a media report says. “The company is capable of opening stores within 12 to 18 months and would be seeking permission to do so from states that have already indicated their willingness to have the US retailer set up shop” Walmart Stores …

Walmart to open first India store within 18 mnths
12 years, 6 months ago

Walmart to open first India store within 18 mnths

India TV News  

New York, Sep 21: Walmart Stores Inc has said it is capable of opening stores within 12 to 18 months in India, a media report says. “The company is capable of opening stores within 12 to 18 months and would be seeking permission to do so from states that have already indicated their willingness to have the US retailer set …

Disney plans Chinese stores by mid-2012
14 years, 2 months ago

Disney plans Chinese stores by mid-2012

China Daily  

进入英语学习论坛下载音频 去听写专区一展身手 Walt Disney Co said on Tuesday that it will open its first direct-sale store in China by mid-2012. "The kids' branded-retail market in China is growing and we are positioned to provide a family shopping environment," Stanley Cheung, executive vice-president of Walt Disney Co Greater China, said in a statement. However, a public relations official with Walt Disney …

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