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Operating structure of Walmart-Flipkart streamlined as key subsidiaries merge.
Shoppers in 16 Japanese prefectures can now benefit from a new online grocery delivery service, Rakuten Seiyu Netsuper, launched by Walmart and Rakuten.
The new platform is jointly operated by Seiyu (a subsidiary of Walmart) and Rakuten, and is a product of the strategic alliance between the two companies in January. It charges JPY432 (US$4) for home delivery, but shipping is free on orders over a certain amount. Users can select a delivery time within four days (including the purchase date). Rakuten Seiyu Netsuper has been trading as early as September 2018, moving it head-to-head with Amazon, which launched its own food and medicine delivery service in April 2017.
Rakuten Seiyu Netsuper carries approx. 20,000 SKUs, including fresh produce, organics, grocery, personal care, baby, pet food, essentials, ready meals, and more. It offers deliveries from Seiyu stores as well as a dedicated Rakuten Seiyu Netsuper fulfilment centre in Kashiwa City, Chiba Prefecture. The platform aims to make use of Seiyu's expertise in fresh food and Rakuten in ecommerce.
The new online grocery platform is linked to Rakuten’s ID system. This allows customers with a Rakuten ID to use their registered accounts to make purchases on the service, as well as accumulate and use Rakuten Super Points. Seiyu's Executive Officer, Tamae Takeda, said, "We will have access to Rakuten's strong base of 99m members. Rakuten's advantage is in technology, so we can combine our strengths [...]."
Announcement of additional investments made at opening of its 23rd store.
At the opening of its 23rd Cash and Carry store, Walmart India revealed that it will invest another US$500m to boost its presence in the country. In addition to its ecommerce platform, the retailer is targeting to have 70 stores by 2022.
Walmart India President and CEO Krish Iyer said, “We are highly excited about opening the first B2B Cash and Carry Store in the city of Vizag in the midst of the festival season. This store also gives us the opportunity to continue to create shared value for our supplier partners, farmers, members, associates and the community at large.”
The retailer also said that 19 of its 23 Cash can Carry stores have already achieved break even, with more than one million members. The latest Cash and Carry store to open is located in the south-eastern state of Andhra Pradesh. It is 56,000 sq ft and has provided additional jobs to about 2,000 people.
Find out more information the Indian retail market here.
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Sixth store to open in the Indian state of Punjab.
Walmart India has announced the opening of another cash and carry wholesale store. It is the sixth such store in the state of Punjab and the 22nd store in India. The newly opened store is also fully integrated into its B2B ecommerce platform.
Walmart India President and CEO Krish Iyer said, “I am very excited about opening the 22nd Cash and Carry store in India. It reiterates our commitment to India and our growth plans. Setting up a second store in Ludhiana and sixth one in Punjab reinforces our belief in the ease of doing business here in the state."
With the aim of supporting the growth of small businesses and kiranas, the store is expected to create an additional 2,000 employment opportunities for the state. Several environmental innovations, such as renewable energy, water recycling and LED lights have been installed into the new store. For the first time in India, Walmart will be introducing the use of electric vehicles for local deliveries up to 35 km in the surrounding area.
Best Price Modern wholesale stores typically stock more than 5,000 items. These range from fresh produce, health and beauty items, dry groceries and other general merchandise.
Launched last April, Walmart's 'Scan & Go' mini-program on WeChat has reached more than 10 million users in China.
It is a mini-program on WeChat, which enables shoppers to scan items as they shop and make payment on their mobile phones. It is available in nearly 300 Walmart stores in more than 50 cities. By the end of the year, it is expected to be available in more than 400 Walmart stores in China.
The functions of 'Scan & Go' has been expanding to include services such as 'Find My Item'. Shoppers will be able to locate the products in-store quickly through an electronic map on their phones.
The mini-program enables fast checkout in-store and it is available on shoppers' phones, which makes the service even more convenient, compared to having another handset. Chinese shoppers are used to mobile payment and online shopping via their phones. The mini-program is an extension of usage of their mobile phones in a physical environment.
Jordan Berke, VP of ecommerce of Walmart China Hypermarket, said, “Walmart Scan & Go is one of our important initiatives to deliver innovation and omnichannel experiences to our customers… We believe that innovative technologies provide a more convenient experience to customers and enhance customer loyalty.”
See how 'Scan & Go' works in Walmart China's latest supermarket format.
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