Pickup with Fuel Isn't Just About Going Small Or Digital

Total Page:16

File Type:pdf, Size:1020Kb

Pickup with Fuel Isn't Just About Going Small Or Digital Wal-Mart’s Multi format Gamble Pickup With Fuel isn’t just about going small or digital— it’s a sign of our omnichannel future BY SAMANTHA OLLER, GREG LINDENBERG AND STEVE HOLTZ 32 csp March 2017 March 2017 csp 33 wise man once said, “Most large He countered Click-and-Collect, Step by Step organizations embrace the idea of that claim with Wal-Mart’s pickup service combines online ordering with outdoor kiosks to maintain a smooth flow invention, but are not willing to suffer the Amazon Go, for customers. Here’s how it works: string of failed experiments necessary to an 1,800-square-foot get there.” ¶ That man, Jeff Bezos, c-store that offers founder, chairman and CEO of Amazon, food, grocery and has a name synonymous with retail the ability to pay 1 Create an online disruption. He poses his company’s “outsized returns”— without a checkout account and place your order, anything $107 billion in sales, according to Forbes—as the result of betting line, currently in from fruits and vegetables to shoes against conventional wisdom. ¶ Most recently, this includes the idea test in Seattle [CSP— or a lawnmower. Pay online and that an e-commerce retailer doesn’t translate into brick and mortar. Feb. ’17, p. 28]. reserve a time slot for pickup. or traditional brick-and-mor- tar retailers, news of Amazon A Small-Format Tour Go—and rumors of 2,000 oth- Jan. 2011 er small-format stores in the Wal-Mart has a history of Wal-Mart on Campus works—must feel reminiscent of tinkering with formats to meet Size: 2,500-4,100 square feet that famous scene from the horror 2 competitive threats, whether Description: Traditional film “The Ring,” when the malev- Pull up to a kiosk at it be discount supermarkets neighborhood c-store on or near a olent long-haired girl climbs out the Wal-Mart Pickup such as Aldi and Trader Joe’s, college campus, without fuel of the TV. Not only is Amazon With Fuel store at or online interlopers such Status: Five stores defining the shopping experience the appropriate time, as Amazon. online—and resetting customers’ then enter your name expectations along the way—but or order number into March 2011 now it’s attempting to do so on the kiosk. You’ll be Wal-Mart Express the street. And with each move, directed to one Size: 10,000-15,000 square feet it is driving to become the truest of three pickup bays. 1998 Description: Small-format stores convenience retailer, meeting Wal-Mart Neighborhood Market offering groceries and limited consumers wherever they want Size: 38,000-45,000 square feet assortment of merchandise, some to buy and with the fastest transaction. Description: Medium-format stores with fuel The retailer has more than “There have been retailers in the past offering groceries, some with small, Status: All 102 stores closed 650 Neighborhood Market that have tried to steer consumers into cer- freestanding c-stores with fuel and sold or converted; format locations in 31 states. Ftain solutions that were easier and more Status: More than 650 stores in discontinued profitable to execute,” says Carol Spieck- 3 31 states erman, president of Spieckerman Retail, a Your order will Bentonville, Ark.-based retail consultancy. be delivered and 2014 April 2016 Amazon has blown this up by deferring to loaded into your 2008 Wal-Mart to Go Wal-Mart Pickup With Fuel the consumer. “Now [retailers are] realiz- car by a Wal-Mart Wal-Mart Marketside Size: 5,200 square feet Size: 4,000 square feet ing if they don’t offer convenient choices, associate within Size: 16,000 square feet Description: Traditional c-store Description: C-stores and online they can be left behind or shoppers will go a five-minute Description: Medium-format stores with fuel order pickup sites with fuel elsewhere.” window. (No tipping offering groceries Status: One store, Status: Two stores, in Madison, Ala., This includes the world’s largest retailer, allowed.) And you’re Status: Wal-Mart closed the four in Bentonville, Ark. and Thornton, Colo. Wal-Mart Stores Corp. With $482.1 billion in on your way. locations in October 2011. worldwide sales, the Bentonville, Ark.-based 34 csp March 2017 March 2017 csp 35 chain of 5,000 U.S. stores dwarfs Amazon in sheer size. But with only 2.8% share of THE FEARLESS e-commerce sales, according to eMarketer, Wal-Mart is a very distant second to Ama- TESTER zon online, which commands more than ezos may seem boldly willing to 74% share. fail, but Wal-Mart’s way ahead of And increasingly, when asked to choose him. It has cycled through more where to shop, consumers are picking on- than a half-dozen medium- and line—and they’re picking Amazon. small-format concepts in the past “[Amazon’s] taking trips out of shoppers’ two decades. It is quick to drop Clickbait portfolios,” says Laura Kennedy, director of those that fail to meet its goals— retail insights for Boston-based Kantar Re- such as Wal-Mart Marketside and tail. Half of Amazon Prime members shop Wal-Mart Express—and to invest with Amazon before another retailer, ac- in those that do, such as Wal- cording to Kantar Retail. And based on the Mart Neighborhood Market, with 76% firm’s penetration data, Amazon is about to more than 650 locations. (See Amount of shopping trips pass Wal-Mart as the most shopped retailer sidebar, p. 34.) that begin online in the United States. “Wal-Mart’s main challenge is that they It’s forcing Wal-Mart to question its dif- Bhave yet to come up with a model that pro- ferentiation, which can no longer be just vides the returns of a Supercenter. All of about everyday low price. “What is Wal- these efforts are part of this,” says Neil Mart’s unique role with shoppers?” Kenne- Stern, senior partner with retail consultancy dy says. McMillanDoolittle LLP, Chicago. This chal- 55% Of course, Wal-Mart did not get to be lenge has only grown as Wal-Mart’s efforts Amazon’s share of product the largest retailer in the world by playing it to expand Supercenters into urban markets searches on retail sites safe. To broaden its online presence, it has have met with fierce local resistance. “It is been acquiring e-commerce players such critical that they solve the puzzle of urban lo- as Jet.com and Shoebuy.com. And to make cations and nontraditional locations if they shopping more convenient, Wal-Mart has are to continue to find growth.” been expanding its buy online, pick up in- Ben Bienvenu, a research analyst for Ste- store (BOPIS) efforts, most recently with phens Inc., Little Rock, Ark., sees Wal-Mart 21% Wal-Mart Pickup With Fuel, a combination Pickup With Fuel as an outgrowth of the Amount of households in c-store, gas station and click-and-collect lo- chain’s February 2016 decision to end its 2015 that bought groceries online cation, currently in test. partnership with Murphy USA on new fuel- in the past 30 days As these two giants duke it out, other re- ing locations. Up until then, Murphy had built tailers need to be ready to learn, and to ride 1,100 gas stations on Wal-Mart Supercenter the wave. lots, with about 50 left to build. Wal-Mart has “Wal-Mart is in a very dynamic mode, about 200 of its own private-branded gas sta- and they’re making some big, big bets,” says tions today [CSP—May ’16, p. 28]. Spieckerman. “When Wal-Mart does that, it “Wal-Mart wanted to have flexibility,” 9% always creates disruption.” says Bienvenu. “They recognize fuel is es- Amount of North American sential to complete the basket and drive traf- respondents to Nielsen’s Connected fic and loyalty, and it has been a big success Commerce Survey who have factor for Kroger. So they’re trying to find the purchased fresh grocery online right balance.” “It’s got all the stuff Wal-Mart Pickup With Fuel’s very name suggests the retailer is making an effort you usually see to find a winning e-commerce/brick-and- in a [convenience mortar combination—and with it, satisfy the store], but they’ve modern consumer’s every desire. The com- 5.3% vs. 7.0% pany opened its first location in Madison, Wal-Mart customers who shopped maintained Ala., in April 2016, with the second following for groceries via a desktop or laptop in November in Thornton, Colo. computer within the past 30 days Wal-Mart prices. In a recent visit to the Colorado location, (September 2014 vs. January 2016) That’s huge.” CSP saw a c-store design as modern as any of Sources: IRI; Bricks to Clicks; Nielsen; Prosper Monthly Consumer Survey March 2017 csp 37 during his visit, was won over. “This is the best idea Wal-Mart has ever done,” says customer Aaron Cherry. Living within a mile of the store, Cherry says he watched the construction of the site progress and was excited when he saw the Wal-Mart brand go on the store. “It’s the prices,” he says. “It’s got all the stuff you usually see in a [convenience store], but they’ve maintained Wal-Mart prices. That’s huge.” PICK IT UP ut what makes this concept dif- ferent from the company’s earlier c-store concepts is the ability to Convenience plus big-box low prices: Wal-Mart’s new format may be a powerful combination.
Recommended publications
  • Is Wal-Mart Good for America?
    Frontline Is Wal-Mart Good for America? One, Two, Three, Four … We Don’t Want Your Superstore Across the country communities weigh the costs and benefits of opening their doors to the nation's largest discount retailer. Wal-Mart has made billions selling toaster ovens and polo shirts for pennies less than its competitors; after all, the company motto is "Always low prices." And who wouldn't want cheaper goods? Yet some communities are fighting to keep the retail giant out of their neighborhoods, claiming that Wal-Mart's low prices could damage their quality of life. In Vermont, Wal-Mart's opponents argue that the state's economy and culture would be damaged by the retailer's presence. In California, opponents say the company has cost taxpayers millions by shortchanging its employees on healthcare. Here is a roundup of some instances of community backlash against Wal-Mart and the company's response. Superstore vs. small business Activists regularly argue that competition from Wal-Mart destroys small businesses, particularly the "mom and pop" stores that they say make their communities unique. This criticism has become even more vocal since Wal-Mart began moving into additional retail areas, such as groceries, opticals and flowers. In an article in the Los Angeles Times, one small businesswoman, Bonnie Neisius, owner of a UPS franchise in Las Vegas, Nev., described how she has watched surrounding businesses close and her own business decline since Wal-Mart moved in down the road. "I'm probably down 45 percent," Neisius said. "I just don't get the foot traffic anymore." More recently, the retailer has come under attack in Vermont, where preservationists say the character, culture and economy of the entire state is under threat from an influx of superstores, particularly Wal-Mart.
    [Show full text]
  • Large Supermarkets (Co-Op, Morrisons)
    Useful information for new students – including tips from current students On-line shopping options: The delivery services are more expensive but can deliver quickly. Deliveroo https://deliveroo.co.uk/– take away food and also pairs with small and large supermarkets (Co-op, Morrisons) UberEats – https://www.ubereats.com take away and grocery deliveries from smaller super markets/local shops and a few of the larger supermarkets e.g. Asda Amazon pantry and Morrisons https://www.amazon.co.uk/ Student tip: You can get a free amazon prime membership for 6 months with your student account, so you can order a lot of necessities on there the day you arrive and it’ll deliver the next day usually, this might help to free up space in your suitcase. Large supermarkets (cheapest to most expensive) Lidl: no online service currently Aldi: click and collect service but no on-line delivery Asda https://www.asda.com/ Tesco https://www.tesco.com/ Morrisons https://groceries.morrisons.com/ Sainsbury's https://www.sainsburys.co.uk/ Ocado (paired with Marks and Spencer) https://accounts.ocado.com/ Student tips: It is worth signing up for a few supermarkets so you have options if you can’t get a slot you want. Remember to book before you completely run out as you will likely have to wait for a slot. On the first day you move in, I’d say book an online slot to get your groceries delivered to halls by Tesco, Asda or Sainsbury’s. You usually have to book a slot a week or two earlier and you can do it from home.
    [Show full text]
  • 2004 Annual Report
    2004 Annual Report It’s my Good Jobs # Good Works # Good Citizen # Good Investment Senior Officers Financial Highlights M. Susan Chambers (Fiscal years ending January 31,) Executive Vice President, Risk Management, Insurance and Benefits Administration 04 $256.3 Robert F. Connolly Executive Vice President, Marketing and 03 $229.6 Consumer Communications, Wal-Mart Stores Division 02 $204.0 Net Sales (Billions) Thomas M. Coughlin Vice Chairman of the Board 01 $180.8 Douglas J. Degn 00 $156.2 Executive Vice President, Food, Consumables and General Merchandise, Wal-Mart Stores Division David J. Dible 04 $2.03 Executive Vice President, Specialty Group, Wal-Mart Stores Division 03 $1.76 Linda M. Dillman Diluted Earnings Per Share 02 $1.44 Executive Vice President and Chief Information Officer From Continuing Operations Michael T. Duke 01 $1.36 Executive Vice President, President and Chief Executive Officer, Wal-Mart Stores Division 00 $1.21 Joseph J. Fitzsimmons Senior Vice President, Finance and Treasurer Rollin L. Ford 04 9.2% Executive Vice President, Logistics and Supply Chain 03 9.2% David D. Glass Chairman of the Executive Committee of the Board 02 8.4% Return On Assets James H. Haworth Executive Vice President, Operations, 01 8.6% Wal-Mart Stores Division Charles M. Holley 00 9.8% Senior Vice President and Corporate Controller Craig R. Herkert Executive Vice President, 04 21.3% President and Chief Executive Officer,The Americas Thomas D. Hyde 03 20.9% Executive Vice President, Legal and Corporate Affairs and Corporate Secretary 02 19.4% Return On Shareholders’ Equity C. Douglas McMillon Executive Vice President, Merchandising, 01 21.3% SAM’S CLUB 00 22.9% John B.
    [Show full text]
  • WALMART INC. (Exact Name of Registrant As Specified in Its Charter) ______
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-K ___________________________________________ ☒ Annual report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended January 31, 2020, or ☐ Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 001-6991. ___________________________________________ WALMART INC. (Exact name of registrant as specified in its charter) ___________________________________________ DE 71-0415188 (State or other jurisdiction of (IRS Employer Identification No.) incorporation or organization) 702 S.W. 8th Street Bentonville, AR 72716 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (479) 273-4000 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.10 per share WMT NYSE 1.900% Notes Due 2022 WMT22 NYSE 2.550% Notes Due 2026 WMT26 NYSE Securities registered pursuant to Section 12(g) of the Act: None ___________________________________________ Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ý No ¨ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. Yes ¨ No ý WorldReginfo - ddf1e3e1-b7d7-4a92-84aa-57ea0f7c6df3 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for at least the past 90 days.
    [Show full text]
  • 2010NOV54452 in the Large Merger Between
    IN THE COMPETITION TRIBUNAL OF SOUTH AFRICA CT CASE NO: 73/LM/NOV10 CC CASE NO: 2010NOV54452 In the large merger between : WAL-MART STORES INC. Primary Acquiring Firm And MASSMART HOLDINGS LIMITED Primary Target Firm WITNESS STATEMENT OF MR ANDY BOND 1 I am the former Chairman of ASDA Stores Limited (“ASDA”) and an executive vice president of Wal-Mart Stores Inc. (“Wal-Mart”)1, the primary acquiring firm. ASDA is a Wal-Mart subsidiary and is the second largest food, alcohol and general merchandise retailer in the United Kingdom. ASDA was acquired by Wal-Mart in 1999, at which time it was the third largest retailer in the UK market. 2 I joined ASDA in 1994 as a marketing manager and was appointed 1 In this witness statement, I will use the term “Wal-Mart” to refer to the legal entity that is the primary acquiring firm, and the term “Walmart” to refer to the business operations of the Walmart group worldwide. 2 marketing director in 1997. Between 1999 and November 2000, I was responsible for all aspects of food and general merchandise label development, for both ASDA and Walmart Germany. I was appointed as the managing director of an ASDA division, George, in November 2000. ASDA runs George as a stand-alone business operating in the retail sector in the United Kingdom. 3 In 2004 I was appointed as the Chief Operating Officer of ASDA with responsibility for all retail operations and logistics. I also remained the chairman of George and another Wal-Mart subsidiary, Gazeley Property.
    [Show full text]
  • Sainsbury's/Asda And
    October 2019 RBB Brief 60 Sainsbury’s/Asda and the CMA’s GUPPI decision rule: On the money or basket case? In April 2019, the UK’s Competition and Markets Authority (CMA) issued one of its highest- 1. Competition and Markets Authority: profile decisions in recent years, prohibiting the proposed merger between the supermarket ‘Anticipated merger between chains Sainsbury’s and Asda.1 In so doing, it relied solely on Gross Upward Pricing Pressure J Sainsbury PLC and Asda Group Ltd: Final report’ (‘the CMA’s Final Index (GUPPI) calculations to determine if local overlaps in the parties’ grocery stores were Report’), 25 April 2019. likely to result in a substantial lessening of competition (SLC). This Brief considers the wider implications of the CMA’s mechanical use of GUPPI values as a decision rule in this case. 2. We discuss further what the CMA The GUPPI offers a summary measure of the upward pressure on prices arising from a might reasonably have done in horizontal merger. However, it is a simple theoretical construct, based on a stylised economic this regard in this Brief. model of competition. As such, its use as a substitute for in-depth competitive assessment is troubling. Strikingly, the CMA did not seek to validate the outcomes of its GUPPI rule against the 3. See ‘Lost in Translation: The use findings of a more comprehensive appraisal of qualitative and quantitative evidence for even and abuse of diversion ratios in a sample of the affected local markets.2 It is notable that a large number of the mergers that unilateral effects analysis’, RBB are routinely cleared by the CMA absent a GUPPI rule would fall foul of the GUPPI threshold Brief 19, June 2006, and ‘The Joint adopted in Sainsbury’s/Asda.
    [Show full text]
  • Serving Customers in Diverse Ways Ecommerce
    eCommerce Giving and Community Asda has one of the most advanced eCommerce In 2013, Asda launched its innovative work platforms in the company. It’s a rapidly expanding part of the with FareShare and its fresh food supply business, growing 30% year-over-year from 2014 to 2015. base. This collaboration facilitated the More than 18 million customers shop at Asda stores every redistribution of delivered ‘overs’ from Asda week and 99% of UK homes are served by www.ASDA.com. chilled distribution centers to reduce supply chain food waste. Since its launch, the Asda hosts a state-of-the-art nerve center to control all award-winning partnership has resulted in of parent Walmart’s 11 global websites. The centralized 1,785 tons of surplus food being diverted platform is enabling Asda and Walmart, in tandem with from waste, enabling almost 2,500 charities Serving Customers similar centers in San Bruno and India, to monitor the global and community groups, including homeless In Diverse Ways eCommerce platforms across the full 24 hours. The new shelters, breakfast clubs and domestic system is identifying and addressing any issues five-times violence refuges, to serve more than 4 History faster than before. million meals for people in need. Two Yorkshire brothers, Peter and Fred Asquith, along with a group of Asda also operates more than 600 Click & Collect points at Tickled Pink is marking its 20th anniversary in Yorkshire farmers formed Hindell's stores, fuel stations and transport hubs, meaning 11% of all 2016. The program was launched in 1996 to Dairies in the 1920s, which later online orders are being picked up by customers at their support Breast Cancer Now and Breast became Asquith Dairies and finally convenience.
    [Show full text]
  • Walmart "Disappointed" by U.K.'S Blocked Asda-Sainsbury's Merger
    U.S.-based retail chain Walmart says it is disappointed that British regulators have blocked a merger between its U.K.-subsidiary, Asda, and rival Sainsbury's. The proposed tie-up between the U.K.'s second and third-largest retailers - which would have created the country's largest supermarket chain - was halted by the U.K.'s competition watchdog on Thursday over fears it would raise prices for consumers. The Competition and Markets Authority (CMA) also said it would raise prices at the supermarkets' petrol stations and lead to longer checkout queues. On Friday, Walmart said that despite "the clear customer benefits of the proposed merger", as a result of the CMA’s findings, Asda, its parent Walmart and Sainsbury’s have mutually agreed to terminate the transaction. “We have been clear from the beginning of the proposed merger about two things. Firstly, that retail is rapidly changing and standing still is not an option, and secondly that we will always ensure our international markets are strong local businesses powered by Walmart," said Judith McKenna, CEO of Walmart International. "The UK remains one of the most competitive retail markets in the world and Asda’s seven consecutive quarters of year-on-year growth show it is a strong business with a clear strategy and focused leadership. "It was against that backdrop that we decided to explore the proposed merger with Sainsbury’s – an opportunity which would have further strengthened the Asda business and delivered real benefits for UK customers. "While we’re disappointed by the CMA’s final report and conclusions, our focus now is continuing to position Asda as a strong UK retailer delivering for customers.
    [Show full text]
  • Global Powers of Retailing 2021 Contents
    Global Powers of Retailing 2021 Contents Top 250 quick statistics 4 Global economic outlook 5 Top 10 highlights 8 Impact of COVID-19 on leading global retailers 13 Global Powers of Retailing Top 250 17 Geographic analysis 25 Product sector analysis 32 New entrants 36 Fastest 50 38 Study methodology and data sources 43 Endnotes 47 Contacts 49 Acknowledgments 49 Welcome to the 24th edition of Global Powers of Retailing. The report identifies the 250 largest retailers around the world based on publicly available data for FY2019 (fiscal years ended through 30 June 2020), and analyzes their performance across geographies and product sectors. It also provides a global economic outlook, looks at the 50 fastest-growing retailers, and highlights new entrants to the Top 250. Top 250 quick statistics, FY2019 Minimum retail US$4.85 US$19.4 revenue required to be trillion billion among Top 250 Aggregate Average size US$4.0 retail revenue of Top 250 of Top 250 (retail revenue) billion 5-year retail Composite 4.4% revenue growth net profit margin 4.3% Composite (CAGR Composite year-over-year retail FY2014-2019) 3.1% return on assets revenue growth 5.0% Top 250 retailers with foreign 22.2% 11.1 operations Share of Top 250 Average number aggregate retail revenue of countries where 64.8% from foreign companies have operations retail operations Source: Deloitte Touche Tohmatsu Limited. Global Powers of Retailing 2021. Analysis of financial performance and operations for fiscal years ended through 30 June 2020 using company annual reports, press releases, Supermarket News, Forbes America’s largest private companies and other sources.
    [Show full text]
  • UK Supermarket Chain Profiles 2016 United Kingdom
    THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 12/13/2016 GAIN Report Number: United Kingdom Post: London UK Supermarket Chain Profiles 2016 Report Categories: Retail Foods Approved By: Stan Phillips - Agricultural Counselor Prepared By: Julie Vasquez-Nicholson Report Highlights: This is a Market Brief providing information about the leading UK supermarket chains: Tesco, Asda/Wal-Mart, Sainsbury's, Morrisons, The Cooperative, Waitrose, Marks and Spencer's, Whole Foods Market, Aldi and Lidl. It gives an overview of the trading styles, and target customers of each retailer, as well as contact details for their head office. General Information: Foreword This report is intended to supplement the report entitled “UK Retail Market Brief”. If you would like a copy of this report please email [email protected] UK Supermarket Chain Profiles Tesco Tesco Stores Ltd Tesco House, Shire Park, Kestrel Way Welwyn Garden City, AL7 1GA Tel: +44 800 505 555 Consumer website: www.tesco.com Corporate website: www.tescoplc.com Tesco is the number one supermarket in the UK and number three globally after WalMart and Carrefour with stores in other European countries, including the Czech and Slovak Republics, Hungary, Poland, and the Republic of Ireland. Tesco also trades in Turkey, Malaysia, South Korea, China, India and Thailand. Tesco has been a market leader in the UK grocery sector for over 25 years. It introduced the first loyalty card in the UK, which has become a highly efficient and targeted marketing system and now has over 38 million active members.
    [Show full text]
  • Walmart Inc. (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ________________________ FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (date of earliest event reported) February 18, 2020 Walmart Inc. (Exact name of registrant as specified in its charter) Delaware 001-06991 71-0415188 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.) 702 S.W. 8th Street Bentonville, AR 72716-0215 (Address of Principal Executive Offices) (Zip code) Registrant's telephone number, including area code (479) 273-4000 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.10 per share WMT New York Stock Exchange 1.900% Notes Due 2022 WMT22 New York Stock Exchange 2.550% Notes Due 2026 WMT26 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
    [Show full text]
  • Asda Supermarket Flagship Upgrade
    +44 (0)115 9770075 www.cie-group.com Asda Supermarket flagship upgrade ASDA Supermarket - Bespoke In-ceiling Loudspeakers Asda’s flagship store in Basildon, an impressive installation not least for its sheer scale, is now kitted up with i-ceilings speakers. Location: Basildon, Essex, UK Client: Asda Client: Asda Stores Ltd trade as Asda is based in Leeds, West Yorkshire, and is a British supermarket retailer. Founded in 1949 by the combined forces of, then, the supermarket owners Asquith family and the Associated Dairies company in Yorkshire. Expanding into the south during the 1970’s and 1980’s, Asda was purchased by American retail giant Wallmart and continues to be the second largest supermarket chain in Britain since 2003. System Requirements: Asda’s recently completed flagship store in Basildon is extremely impressive, not least because of its scale! The new store’s vast area, combined with highly reflective hard surfaces could make for an acoustic nightmare; however, using i-ceilings Sound Panels throughout the store for in-store marketing and PA announcement, has resulted in incredibly intelligible, high quality sound reproduction. Bringing technology to life. +44 (0)115 9770075 www.cie-group.com ASDA Supermarket - Bespoke In-ceiling Loudspeakers Asda’s flagship store in Basildon, an impressive installation not least for its sheer scale, is now kitted up with i-ceilings speakers. The Solution: As the Asda store features Armstrong metal plank ceiling tiles (as opposed to standard 600 x 600 mineral fibre tiles), the requirements of the system were accommodated in providing i-ceilings metal plank solution. Product: - i-ceilings Metal Plank Solution Let the CIE expert team help with your next AV project CIE AV Solutions is one of the UK’s leading value-added distributors, supporting our custom- ers and their clients with product specification, system design and product supply for AV, intercom and electronics.
    [Show full text]