Sebastien M.

Gonzales BSBM 302-F

ELEC 2 March 22, 2023

WALMART

Walmart Inc. is a multinational American retail corporation with headquarters in Bentonville, Arkansas.
It operates a chain of hypermarkets, discount department stores, and grocery stores in the United
States. It was founded in July 2, 1962 in Rogers, Arkansas, United States. It’s founders are Sam Walton
and Bud Walton so specifically, the Walton family is the owner of Walmart. As of today (2023) they
generated an aopproximately 611.3 Million USD becoming the biggest retailer in the world with 2.3
million employees and operates for about 10,500 store worldwide. Its founder, Sam Walton, had a clear
vision for a retail model that kept prices low while still focusing on the consumer. Even though Walmart
has been going strong for so many years, it remains a family-owned and publicly traded business.
Walmart is known for offering a one-stop shopping experience by combining grocery store, electronics,
apparels, toys, and such. Their target market are low to middle-class rural families because these
people want to shop conveniently on a single location and the price and discounts are something they
are looking for while shopping and unfortunately, there’s still no branch of Walmart here in the
Philippines.

Walmart Canada was founded in 1994 with the purchase of the Woolco chain and has grown to more
than 400 stores nationwide, serving more than 1.2 million customers daily. Walmart Canada's main
online store, walmart.ca, is visited by 750,000 customers every day.

Walmart Canada intends to invest $3.5 billion (Canadian) over the following five years in a
multifaceted plan to "generate significant growth" by improving its in-store and online shopping
experiences and modernizing its distribution. On the brick-and-mortar side, the company plans to
"reinvent" and "modernize" more than 150 of its 400+ stores over the next three years, accounting for
more than a third of its store network, as Mississauga, Ontario-based Walmart Canada stated on
Monday.
In order to achieve this, the retailer will push for a digital shift to build "smarter stores,"
incorporating expanded electronic shelf labels, shelf scanners to track product volumes, robotics, and
computer vision cameras to streamline, "minimize touches," and improve productivity. Similarly, a new
checkout process will eliminate touchpoints and enable associates to check out customers anywhere in
the store, according to Walmart Canada. This experience will include "tap to pay," larger self-checkout
stations, and Check Out With Me mobile payment technology. An accelerated omnichannel offering,
with online pickup as its cornerstone, will work in tandem with the store improvements. By the end of
the year, Walmart Canada intends to have implemented its "full Walmart Pickup" service in about 270 of
its locations, or 70% of its retail network. The retailer also plans to make technology investments to
hasten pickup times, including through advanced notification.

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 Walmart Canada will test "hybrid locations," or supercenters with micro-fulfillment centers in
the backroom, to speed up fulfillment for online pickup and delivery. The company added that as part of
efforts to enhance its online/in-store shopping experience, that effort will also require additional
technological investment to streamline fulfillment center operations to increase speed and enable
tracking.Sam Wankowski, chief operations officer at Walmart Canada, said, "We need to do everything
we can to delight our customer every single time they choose to shop with us, whether it's online or in
the store. "We constantly strive to improve and maintain a laser-like focus on providing outstanding
omni-customer service and experience. This entails upgrading stores, providing faster service, and
concentrating on customers while maintaining Walmart's consistently low prices.
Walmart Canada announced plans to invest $1.1 billion to construct two new distribution
centers and renovate a third in order to speed up product flow. A new 300,000 square foot DC is
currently being built in Surrey, British Columbia, and is scheduled to open in 2022. A 550,000 square
foot DC is planned to be built and open in Vaughan, Ontario, in 2024. The business announced
partnerships with Witron for the Surrey facility's distribution logistics technology and Vanderlande for
the "next generation" automation and technology at the Vaughan facility. A newly automated DC in
Cornwall, Ontario, which manages apparel, health and beauty products, and small general
merchandise, is scheduled to go live in the early 2021. Cobot Technology's machine-learning solutions,
which can collaborate with associates to increase operational accuracy and efficiency, will be used in the
systems, according to Walmart Canada.
According to Walmart Canada, a variety of "leading-edge technologies" will be used to increase
distribution capacity. The use of telematics and Internet of Things (IoE) sensors across more than 2,200
trailers will enable the collection of real-time data on the quality and freshness of deliveries, the
company said. "Omni-capable," next-generation warehouse management systems will help meet
future needs of physical stores and e-commerce.The development of a supply chain that is the envy of
the world is ensured by this investment, according to John Bayliss, senior vice president of logistics and
supply chain for Walmart Canada. "The retail business is as dynamic as ever," he added. "Our customers
can receive the products they want more quickly the better the supply chain is. This investment will
change our supply chain and, in the process, generate hundreds of construction jobs in Canada.
In total, Walmart Canada serves more than 1.2 million customers every day through its more
than 400 stores, and more than 900,000 people visit its online store, walmart.ca, every day. Over
90,000 employees work for the company.