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The company intends to spend US$1.2bn in China over the next decade to upgrade logistics. A move to be part of the “smart retail” movement Walmart made an announcement this week that it will open or upgrade more than 10 logistics centres in China. It is a move for the retailer to be better integrated with the burgeoning “smart retail” movement in the country. As part of that movement, ec...
Walmart is planning to relist its Seiyu business in Japan on the stock market. Reshaping its international business The plan will free up capital helping Walmart focus on its China and India business operations. Walmart delisted Seiyu from the Tokyo Stock Exchange back in 2008. Maintain majority stake in Seiyu Walmart aims to retain a majority stake in Seiyu, but the move will allow t...
Walmart China has launched a blockchain platform that will enable the retailer to track food throughout its supply chain. Walmart China Blockchain Traceability Platform The new Walmart China Blockchain Traceability Platform (WCBTP) has been created thanks to a partnership between Walmart China, VeChain (a blockchain technology company), PricewaterhouseCoopers in addition to other companies....
Rakuten and Seiyu will deliver products from the Seiyu LIVIN Yokosuka Store in Yokosuka City, Kanagawa Prefecture, to visitors in Sarushima via drones. Drone service to launch on 4 July 2019 Starting on 4 July 2019, the new initiative will service Sarushima, a popular sightseeing destination and the only uninhabited island in Tokyo Bay. It will run for around three months, and Rakuten Drone...

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