In this file:

 

·           Walmart just unveiled a new technology that could help defend its position as America’s largest grocer

·           Walmart opened 134 stores in Mexico in 2019, its biggest expansion in 6 years

 

 

 

Walmart just unveiled a new technology that could help defend its position as America’s largest grocer

 

o   Walmart unveiled a new technology, called Alphabot, for its grocery business.

o   It says the platform should enable it to pick, pack and deliver shoppers’ online grocery orders faster and with fewer headaches.

o   It has been testing Alphabot since the middle of 2019 at a Walmart Supercenter in Salem, New Hampshire.

 

Lauren Thomas, CNBC

Jan 8 2020

 

SALEM, New Hampshire — Walmart thinks it has a technological weapon that will enable it to pick, pack and deliver shoppers’ online grocery orders faster as the company tries to strengthen its foothold as America’s largest grocer.

 

The big-box retailer on Wednesday unveiled a platform called Alphabot, which it has stealthily been testing at one of its Supercenters in Salem, New Hampshire, since the middle of last year. Walmart says the Salem store will continue to serve as Alphabot’s “home,” while the new picking and packing process is analyzed again and again, and improvement are made. It says it will eventually assess plans for a broader rollout across the U.S.

 

“Groceries [are] playing a great role in e-commerce growth,” Tom Ward, senior vice president of central operations, told CNBC in an interview. “We’re seeing that customers really enjoy using the service and that’s why we keep trying to innovate in the space. ... We’re really pleased with what we’ve seen in the last 12 months.”

 

Walmart’s grocery business has been on fire, especially online. That’s good for the retailer:

 

How it works ...

 

more, including links

https://www.cnbc.com/2020/01/08/walmart-unveils-a-new-technology-for-its-grocery-business-alphabot.html

 

 

Walmart opened 134 stores in Mexico in 2019, its biggest expansion in 6 years

 

o   Walmart last year launched its biggest expansion in Mexico since 2013, opening 134 new stores in its top foreign market and boosting its presence by nearly 5%, the retailer said.

o   Walmart now runs 3,407 stores in Mexico, where it has more locations than in any other country outside the United States, its Mexican unit, Walmart de Mexico, said in a monthly report.

 

Reuters

via CNBC - Jan 9 2020

 

Walmart last year launched its biggest expansion in Mexico since 2013, opening 134 new stores in its top foreign market and boosting its presence by nearly 5%, the retailer said Wednesday.

 

Walmart now runs 3,407 stores in Mexico, where it has more locations than in any other country outside the United States, its Mexican unit, Walmart de Mexico, said in a monthly report.

 

Nearly all the new units belong to the Bodega Aurrera family of stores, including the small, no-frills Bodega Express that is cheaper and quicker to build than Walmart’s bigger formats.

 

The emphasis on the Bodega chain, which offers cheaper goods in line with Walmart’s “Everyday Low Prices” strategy, is also part of the retailer’s push to compete with informal marketplaces and win over low-income shoppers.

 

“This is where you find the great population mass that Walmart is going after,” said Valentin Mendoza, an equity analyst at Banorte.

 

Although analysts expect Walmart to maintain its pace of growth as it seeks to generate a higher percentage of sales from new stores, Mendoza noted expansion can create headaches for a company that is already Mexico’s biggest retailer.

 

“Where is the ideal point where you can keep growing without cannibalizing the sales you already have?” he said.

 

Walmart hit a recent record...

 

more, including links 

https://www.cnbc.com/2020/01/09/walmart-opened-134-stores-in-mexico-in-2019-its-biggest-expansion-in-6-years.html