In this file:

 

·         Walmart CFO: grocery a 'halo' for the retailer

In a presentation to investors, Brett Biggs highlighted the success of online grocery and how it is a major driver in the company's overall growth.

 

·         7 things Walmart still does better than Amazon 

·         Walmart US CEO asked workers to email him their biggest complaints, and a surprising theme emerged from the deluge of 2,700 messages he got in return

·         Walmart Will Crush Amazon in Grocery Duel

·         Walmart is planning to sell its own tablets

 

 

 

Walmart CFO: grocery a 'halo' for the retailer

In a presentation to investors, Brett Biggs highlighted the success of online grocery and how it is a major driver in the company's overall growth.

 

Jessica Dumont, GroceryDive 

March 13, 2019

 

As Walmart's grocery business continues to surge, the retail giant is witnessing a change in the way customers perceive its business. The company's online grocery offering has attracted new customers and shown Walmart's ability to innovate from its traditional model, creating a major opportunity to solidify its role as an e-commerce provider.

 

"[Grocery] has been a great brand halo for us," said Walmart executive vice president and chief financial officer Brett Biggs in a presentation to investors Tuesday at the Bank of America Merrill Lynch 2019 Consumer & Retail Technology Conference in New York.

 

During the presentation, Biggs emphasized the significant role that grocery will play in the company's e-commerce growth this year, which the company expects to be around 35%. While Walmart currently offers grocery pickup at approximately 2,000 stores, that number will increase to 3,000 stores by the end of this year, Biggs said. Grocery delivery, which is now available at 800 stores, is projected to double.

 

Grocery was a key driver of the overall business last year, with the company recording record comp sales in the segment driven by an expanded assortment of fresh foods and private labels. In Q4, Walmart reported a 3.3% growth in overall ticket size — a metric Biggs attributes to Walmart's growing mix of business, including grocery, aimed at driving bigger baskets. E-commerce sales grew 43% during the recently reported quarter and 40% during the last fiscal year.

 

Among its hundreds of millions of shoppers, online grocery customers have proven valuable in boosting overall engagement with stores. It's also bringing in new customers at a time when retailers are fighting tooth and nail for loyalty.

 

"For us the real sweet spot is getting people to come in store and buy online," said Biggs. "When we do that, we get at least a two-time multiple ... with that customer."

 

As a result, Walmart is putting more promotional muscle behind e-commerce. During this year's Golden Globe awards, Walmart premiered a commercial featuring cars from iconic films screeching into the parking lot to pick up grocery orders.

 

The potential for Walmart to succeed at converting online shoppers to in-store shoppers is strong. A 2018 survey from Coresight Research found...   

 

more, including links 

https://www.grocerydive.com/news/walmart-cfo-grocery-a-halo-for-the-retailer/550346/

 

 

7 things Walmart still does better than Amazon

 

    Amazon has given countless brick-and-mortar retailers a run for their money since it burst onto the scene in the early 1990s.

    Walmart is one retailer that has proven to be big competition for Amazon.

    Retail experts say that Walmart continues to do certain things better than Amazon.

    Price, return policy, and shopping experience are a few of the areas where Walmart has an edge over the e-commerce giant, these experts told Business Insider.

 

Steven John, Business Insider

Mar 13, 2019

 

Amazon has given countless brick-and-mortar retailers a run for their money since it burst onto the scene in the early 1990s.

 

But there are still several competitors Amazon hasn't managed to fully fend off — including Walmart, which earned triple the profit of Amazon last year.

 

So why is Walmart continuing to dominate? In many ways, it does things better than Amazon.

 

"Walmart has a lot of things going for them," Bob Phibbs, CEO of the consulting firm The Retail Doctor, told Business Insider. "They have doubled down on knowing their customers and making sure their employees are ready to meet their needs."

 

We took a closer look at the two companies and found eight ways Walmart is still doing things better than Amazon.

 

Read on to see where Walmart has the edge:

 

Free shipping with no membership required ...

 

The ability to pay with cash ...

 

Immediate access to goods ...

 

The return process ...

 

Better prices, in many cases ...

 

Job creation ...

 

A true shopping experience ...

 

more, including links

https://www.businessinsider.com/walmart-beats-amazon-reasons-2019-3#free-shipping-with-no-membership-required-1

 

 

Walmart US CEO asked workers to email him their biggest complaints, and a surprising theme emerged from the deluge of 2,700 messages he got in return

 

·         Walmart US CEO Greg Foran asked workers to email him their biggest complaints about where Walmart "cut muscle instead of fat," and his inbox was flooded with 2,700 responses.

·         Workers most commonly complained about Walmart's removal of toilet-seat covers from restrooms.

·         "Small thing, but really important," Foran said. "In the interest of saving money, we'd taken those things out."

 

Hayley Peterson, Business Insider

Mar 13, 2019

 

Walmart US CEO Greg Foran stood on a stage at a company holiday meeting five years ago and asked thousands of workers to email him.

 

"Can you send me three things where you think we've cut muscle instead of fat, and can you email it to me?'" Foran recalled asking, recounting the incident at a recent UBS conference. "Immediately, I could feel the emails coming in. I ended up getting about 2,700 emails."

 

A surprising theme emerged from the thousands of responses that flooded his inbox: Workers wanted toilet-seat covers returned to the stores' restrooms.

 

"Small thing, but really important," Foran said. "In the interest of saving money, we'd taken those things out."

 

 At the time, Foran had recently been appointed CEO of Walmart's US business. He was trying to execute a turnaround following two years of quarterly same-store-sales declines.

 

He said he discovered that returning the toilet-seat covers and fixing other "hygiene factors" were vital to getting employees involved in the turnaround plan.

 

"I've learned something over the years:

 

more

https://www.businessinsider.com/walmart-us-ceo-workers-biggest-complaints-2019-3

 

 

Walmart Will Crush Amazon in Grocery Duel

 

By Robert Ross, Newsmax

13 March 2019

 

Last week, Amazon announced that it would launch its own grocery chain.

 

This is Amazon’s second big leap into groceries. In 2017, the company bought grocery chain Whole Foods for $13.7 billion.

 

All of this prompted a number of speculations about Amazon’s move into “offline” retail.

 

While Whole Foods gave Amazon access to 479 physical stores, the company, in effect, has little interest in the brick-and-mortar presence.

 

Here’s the thing: Amazon doesn’t want to sell you groceries at physical stores. It is quietly preparing for battle that will decide who leads the future of groceries.

 

It’s a hundred-billion-dollar industry that is growing exponentially. Yet it’s still off the radar for most investors.

 

I’m talking about grocery e-commerce.

 

Customers order their groceries online. They then pick up their groceries… or in some cases, have them delivered to their door.

 

And while Amazon is crushing it in e-commerce, here it has one big problem…

 

Walmart.

 

The Future of Groceries ...

 

Walmart Is the Unsung Hero of E-Commerce ...

 

Walmart Will Be the Top Online Grocer ...

 

Walmart Is an All-Weather Retail Stock ...

 

more, including charts  

https://www.newsmax.com/finance/robertross/walmart-amazon-crush-grocery/2019/03/13/id/906828/

 

 

Walmart is planning to sell its own tablets

 

    Walmart is planning to release its own private label tablet, according to a filing with the Federal Communications Commission.

    The company told suppliers that it is focusing on its electronics and home goods offerings this year, Bloomberg reported.

    The retail giant has not released any information about the device’s price or expected timing for its debut.

 

Amelia Lucas, CNBC

Mar 14, 2019

 

Walmart is making its own tablet in a move to challenge tech giants Amazon and Apple.

 

The company has filed a wireless product application for a tablet design with the Federal Communications Commission. Bloomberg first reported that the retail giant is moving into its own private label tablets.

 

A Walmart spokesperson later confirmed to CNBC “a private brand tablet is in the works” but wouldn’t comment further.

 

The move comes as the tablet market has slowed down. Apple’s iPad remains the market leader, but e-commerce rival Amazon’s own tablet remains a popular alternative.

 

The device will be sold under Walmart’s ONN brand, according to photos of the device filed with the FCC. The company has not released any information about the device’s price or expected timing for its debut.

 

The retail giant told suppliers...

 

more, including links

https://www.cnbc.com/2019/03/14/walmart-is-planning-to-sell-its-own-tablets.html