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Beyond Meat Introduces Limited Edition Burger Pack
Beyond Meat is making plant-based burgers more accessible and affordable this summer with the introduction of Cookout Classic, a limited edition burger 10-pack available at a majority of Walmart and Target stores nationwide and select retailers across the U.S. beginning the week of June 22. Sold in the frozen meat aisle with a suggested retail price of $15.99 ($1.60 per patty), the new offering will be available through mid-August, or until supplies last, and is intended to narrow the price gap between plant-based meat and animal protein.
With growing consumer interest in plant-based protein, the Cookout Classic value pack is designed to inspire a plant-based meat option at barbecues and summer gatherings. The burgers are made with...
Walmart Releases Q1 FY21 Earnings
Walmart's net sales and operating results were significantly affected by the outbreak of COVID-19.
Unprecedented demand for products across multiple categories led to strong top-line results. Certain incremental costs negatively affected operating income, including costs associated with enhanced wages and benefits as well as safety and sanitation.
Total revenue was $134.6 billion, an increase of $10.7 billion, or 8.6%. Excluding currency, total revenue would have increased 9.7% to reach $135.9 billion.
Walmart U.S. comp sales increased 10.0%, led by strength in food, consumables, health & wellness and...
Walmart Introduces Express Delivery
Walmart is announcing Express Delivery, a new service that delivers more items from the store than ever before to customers’ doors in less than two hours.
Walmart has accelerated the development of the service in the wake of the Coronavirus pandemic, piloting Express Delivery in 100 stores since mid-April. The service will expand to nearly 1,000 stores in early May and will be available in nearly 2,000 total stores in the following weeks. Express Delivery allows customers to order across more than 160,000 items from Walmart’s food, consumables and general merchandise assortment such as...
Walmart Adds Grocery to Flagship App
For years, Walmart has had two mobile apps: the Walmart app and the Walmart Grocery app. Customers navigate both apps, but would like an easier way to shop without having to switch between the two.
The company is excited to announce its adding Walmart Grocery to the flagship Walmart app. Now, customers can access everything Walmart has to offer in one, definitive experience – the Walmart app.
Here’s what the updated Walmart app offers...
Walmart Releases Q4 and FY20 Full-Year Earnings
Walmart Opens Case-Ready Facility in Thomasville, Creates 200 Local Jobs
Walmart announced the opening of a case-ready facility that is part of the company’s new Angus beef supply chain. Governor Brian Kemp joined Walmart executives today to celebrate the opening of the company’s 201,000 square foot, state-of-the-art facility in Thomasville, GA. Walmart began construction on the facility in August 2018. It is operated by FPL foods and brings 200+ jobs to Georgia.
“Today, we celebrate 200 new jobs for talented Georgians,” said Gov. Kemp. “Walmart has a long history in Georgia, I am thrilled that the company selected Thomasville as the location for this facility. It’s a vote of confidence...
Walmart’s Alphabot is Helping to Revolutionize Online Grocery Pickup and Delivery
In Salem, New Hampshire, a Walmart supercenter is rolling into the future. Alphabot, a first-of-its-kind piece of tech, is now fully operational and working with associates. Its goal? To revolutionize the online grocery pickup and delivery process for associates and customers.
Developed exclusively for Walmart by startup Alert Innovation, Alphabot helps to enable quicker, more efficient order picking. The system operates inside a 20,000-square-foot warehouse-style space, using autonomous carts to retrieve ambient, refrigerated and frozen items ordered for online grocery. After it retrieves them, Alphabot delivers the products to...
Walmart to Test-Drive Autonomous Grocery Deliveries with Nuro
Today, Walmart is announcing a new pilot with autonomous vehicle company, Nuro. Nuro’s vision of using robotics to improve lives runs parallel with Walmart’s mission of helping customers live better. Through the Houston-based pilot, Walmart aims to develop, refine and continue learning how to offer the best end-to-end customer experience.
Walmart is committed to delivering groceries – with a side of time-saving convenience – through an ever-expanding Grocery Pickup and Delivery service. As we near the end of 2019, Walmart has grown our online grocery footprint to nearly 3,100 pickup locations with deliveries coming from more than...
Walmart Refreshes Produce Shopping Experience
Walmart knows how important fresh, high-quality produce is to customers.
That’s why, a few years ago, Walmart committed to a relentless focus on quality improvement and giving customers the best fresh produce possible. Walmart added more organic and locally grown foods. Walmart deepened relationships with farmers – and by taking days out of the supply chain, the retailer has been able to provide fresh produce that lasts longer at home.
Then, Walmart had to make sure customers understood they could trust the quality of produce in stores. So, Walmart redesigned the department with more light, better signing and specially angled fixtures to make shopping easier. Also...
Walmart Releases Q3 FY20 Earnings
"We're pleased with our performance for the quarter. Our associates are responding to change in an inspiring way, and we're proud of them. The Walmart U.S. business saw strong comp sales and expense leverage, and operating income grew for the sixth consecutive quarter. We also celebrated the first anniversary of Flipkart and PhonePe as part of the Walmart family. It was great to see record sales in India during The Big Billion Days event. Looking ahead, we're prepared for a good holiday season. Our integrated offering with stores and eCommerce delivers value and convenience for our customers. Our associates are working hard to ensure we succeed -- one customer, one interaction at a time," said CEO and President Doug McMillon.
Amazon to Overtake Walmart by 2022, Forecasts New Packaged Facts Report
Amazon is set to become the largest retailer in the United States. While Walmart is currently the largest retailer, its reign may end in 2022, at which time market research firm Packaged Facts forecasts that Amazon will surpass Walmart, based on the expectation that Amazon sales will continue to grow at a much faster rate.
Packaged Facts made the prediction in the brand new report, Amazon Strategies and the Amazon Shopper, 2nd Edition, which analyzes the e-commerce giant's activities in grocery, pet products, and financial services.
"Amazon's already has an enormous impact on e-commerce sales, benefitting from its creation of an endless online aisle with...
Walmart's InHome Delivery Service Officially Launches in Kansas City, Pittsburgh and Vero Beach
Early this summer, Walmart announced InHome Delivery, its latest innovation aimed toward giving time back to families by delivering fresh groceries and everyday essentials directly into their kitchen or garage fridges. Today, for the first time ever, Walmart is thrilled to launch this new service for over 1 million customers in Pittsburgh, Kansas City (Missouri and Kansas) and Vero Beach.
The company is obsessed with simplifying grocery shopping and finding ways to make customers’ lives easier. That’s why InHome goes the extra step so that customers can live their lives without worrying about making it to the store or being home to accept a delivery.
All it takes to use the service is three simple steps...
Walmart Names John Furner President & CEO of Walmart U.S.
Today, Walmart announced that John Furner will become the President and Chief Executive Officer of Walmart U.S., following a successful five years for the business segment under Greg Foran. Furner will report directly to Walmart President and CEO Doug McMillon, and the move will be effective November 1. Foran, who is taking a role as CEO at Air New Zealand Limited, will stay on with Walmart through January 31 to ensure a smooth transition.
“John has done a fantastic job at Sam’s Club, and he will continue the momentum we have in Walmart U.S.,” said McMillon. “John knows our business well, having held many different jobs in the company over more than 25 years, and he is helping transform it for the future. He has the experience and judgment to know what we should continue doing and what we should...
Mighty Spark Continues Rapid Growth with Launch of All-Natural Poultry at Walmart and CVS
Mighty Spark, an independent company that donates a meal with each purchase consumers make of their all-natural premium poultry, is expanding its assortment and presence at retailers nationwide with the launch of patties and ground blends at select Walmart stores, and chicken snack sticks at 2,500 CVS locations.
"In addition to launching at Walmart and CVS stores, Mighty Spark's rapid expansion includes recent launches at Giant Landover, United Supermarkets, Save Mart, Lucky, Rouses and more, expanding our nationwide presence to thousands of additional stores to bring more consumers healthy, delicious protein," said Nick Beste, CEO and Founder, Mighty Spark. "With our expanded distribution comes...
Walmart to Roll Out Delivery Unlimited to Stores Across the Country
Walmart has plans to expand the reach of Delivery Unlimited – a Grocery Delivery membership option for customers – to 1,400 stores later this fall. The program gives customers the option to pay a yearly $98 fee or a monthly $12.95 fee to receive unlimited Walmart Grocery Delivery orders. Customers will continue to have the option to pay a per-delivery fee, without a membership.
“Grocery Delivery takes convenience to a new level, and our customers love it. With Delivery Unlimited, we’re providing incredible value for our customers and leveraging our unique assets to save them both time and money,” said Janey Whiteside, chief customer officer, Walmart.
The retailer began piloting Delivery Unlimited in four markets – Houston, Miami, Salt Lake City and Tampa – earlier this year. Based on the positive response of customers, Walmart is expanding the program to all 200 metro areas where...
Walmart's Innovative Approach to Convenience Around the World
Shopping lists are increasingly including a new item: convenience.
The grocery industry is a great example. American shoppers average about 60 minutes spent shopping for food each week. To cut this time down, more and more of Walmart’s U.S. customers find themselves taking advantage of online shopping options like pickup and delivery.
But the U.S. isn’t the only place customers want convenience. Walmart Canada’s recent announcement to expand grocery delivery with Instacart demonstrates how quickly customers are responding to time-saving innovations in...
Walmart Releases Q2 FY20 Earnings
Total revenue was $130.4 billion, an increase of $2.3 billion, or 1.8%. Excluding currency, total revenue was $131.7 billion, an increase of $3.7 billion, or 2.9%.
Walmart U.S. comp sales increased on a two-year stacked basis by 7.3%, which is the strongest growth in more than 10 years. Segment operating income increased 4%, marking the fifth consecutive quarter of growth.
Walmart U.S. eCommerce sales growth of 37% includes strong growth in online grocery.
Sam's Club comp sales increased 1.2%, and eCommerce sales grew 35%. Reduced tobacco sales negatively affected...
Walmart Begins Pilot with Autonomous Vehicle Company Gatik
To address consumer demand for convenience, Walmart is bringing the best of their grocery pickup and delivery service to communities across the United States. The company is testing new and innovative capabilities that will improve the business and shape the future of retail. Walmart has been exploring pilot options with self-driving car companies that include customer delivery as well as transporting goods between store locations. Today, Walmart has announced a new pilot with autonomous vehicle company Gatik.
In March, Arkansas passed legislation that allows self-driving vehicles to operate in the state. Through Gatik, Walmart is staying on the cutting edge of grocery pickup by testing the vehicles to move customers' orders on a two-mile route in Bentonville between stores. This will aid Walmart in learning more...
Walmart Announces Plan to Invest $1.2 Billion to Upgrade Logistics in China
Ryan McDaniel, Senior Vice President of Walmart China Supply Chain, announced Monday that Walmart will increase its investment in its supply-chain logistics. In addition to building the first customized perishable food distribution center, the South China Fresh Food Distribution Center, the company plans to increase investment in its supply-chain logistics in China by RMB 8 billion, or about $1.2 billion, building or upgrading more than 10 logistics distribution centers over the next 10-20 years.
Walmart invested more than RMB 700 million to build the South China Fresh Food Distribution Center, which has been in operation since March 2019. It currently serves more than 100 Walmart stores in Guangdong and Guangxi, with daily distributing capacity of up to...
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