Walmart recorded a strong increase in sales during the Covid crisis, but unfortunately, it was unable to convert this growth into profit. The American retailer also worries about a meagre 2021, when the Covid measures are expected to phase out.
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This year, food retailers are bringing the out-of-home experience into homes, making e-commerce profitable, and helping customers to be healthier. At least that is what research firm IGD predicts for 2021.
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Walmart has partnered with smart box manufacturer HomeValet to facilitate the delivery of perishable food items. The system offers great advantages for both the consumer and the supermarket chain.
California has given the go-ahead for a commercial delivery service with self-driving vehicles. Robotics start-up Nuro plans to start deliveries as early as next year, without a driver.
As early as next year, Walmart will be using self-driving lorries for deliveries in two American states. The American hypermarket group strongly believes in the future of autonomous vehicles.
Walmart sells Japanese retailer Seiyu to investment company KKR and e-commerce company Rakuten. The company, which is headed by the Belgian Lionel Desclée, has been for sale for some time now.
Walmart has ended its collaboration with Bossa Nova Robotics. This means, among other things, that the supermarket chain is abandoning its plans to use robots on a large scale to scan shelves and track inventory.
Walmart is turning four of its hypermarkets into laboratories, which are investigating how to make better use of the retailer's physical stores for e-commerce. The chain is testing different technologies there.
The acquisition of Asda by service station group EG and investor TDR Capital is a fact. Owner Walmart will receive 6.8 billion pounds (7.5 billion euros) for the British supermarket group.
British supermarket chain Asda may come into the hands of petrol station operator EG Group. With the support of investor TDR Capital, the acquisition candidate will offer 6.5 billion pounds for the third largest food retailer in the United Kingdom.
Asda will soon be in the hands of private investors. The British supermarket chain has entered the final bidding round, and Apollo, Lone Star and TDR are the last acquisition candidates in the running.
E-commerce has given American retail giant Walmart a spring in its step during the Covid-19 crisis: the company's online sales almost doubled and the forced closure of restaurants meant that more Americans were buying food to cook at home.
Walmart has resumed its attempts to sell its British subsidiary Asda, which it had paused because of the coronavirus crisis. The American retail giant says however that a positive result is not guaranteed.
More and more countries make face masks mandatory in stores: England joins the group on 24 July, France on 1 August. Even notorious opponents Boris Johnson and Donald Trump are now arguing for the face covering.
Walmart+, the long-awaited membership program of the world's largest supermarket chain, is due to be launched this month. It should be an alternative to Amazon Prime.
Walmart saw its online sales increase 74 % during the coronavirus crisis, resulting in comparable sales growth of 10 %. Still, the American retail giant has decided to shut down its online branch Jet.com.