We look at how Walmart is partnering with a range of companies to enhance its retail media opportunities through expanding its social commerce presence. Taking advantage of social commerce growth Walmart’s retail media business, Walmart Connect, is set to pilot new programmes with a range of ‘Innovation Partners’, including TikTok, Snap and Firework. This will enable advertisers to reach sh...

Following a successful pilot, Walmart Canada is planning a nationwide roll out of its AI (Artificial Intelligence) solution for on-shelf availability. Technology will reduce out-of-stocks The technology was developed by Focal Systems, a San Francisco based company that specialises in retail automation. It uses a network of shelf-edge cameras to automatically detect availability issues (e.g....

Walmart and Massmart have reached an agreement in principle on a R6.4 bn offer from Walmart to acquire the outstanding shares (47%) in Massmart that it does not already own. Missed expectations Walmart initially acquired a 51% stake in Massmart in 2011. While it was seen as a long-term investment in the region, to capitalise on a significant growth opportunity, the deal hasn’t lived up to i...