Walmart takes on machine learning start-up

Walmart takes on machine learning start-up

Walmart buys Israel-based start-up Aspectiva. The young company develops machine learning techniques and processing functions using machine learning. How brands manage to be present beyond website and app (ML) and artificial intelligence (AI) for natural language – areas where there is still room for improvement in terms of the shopping experience. Aspectiva has already been […]

8.1% increase in Walmart revenues during 2018

8.1% increase in Walmart revenues during 2018

Walmart revenues in Mexico grew 8.1 percent during 2018, totaling 503 thousand 692 million pesos while gross profit rose 8.6 percent to 114 thousand 235 million pesos, informed Guiherme Loureiro and Olga González, president and financial director of the company in Mexico and Central America. With these figures, Walmart accumulated 4 consecutive years growth above […]

Walmart and Deliv put an end to alliance of food orders online

Walmart and Deliv put an end to alliance of food orders online

Walmart and logistics firm Deliv have put an end to an alliance to deliver food ordered over the internet, which represents a setback in the competition that the retailer faces with its rival Amazon in the business of providing groceries to customers. The world’s largest retailer began to strengthen its alliances with courier companies to […]

Walmart reports 4.4% more sales on the January slope

Walmart reports 4.4% more sales on the January slope

The comparable sales of retail giant Walmart de Mexico (Walmex) registered 4.4% year-on-year growth in January, the company said.The same or comparable sales correspond to those units with more than one year in operation. Walmex explained that the number of transactions in its stores grew 0.1%, while the average purchase amount per customer rose 4.3%. […]

Puerto Rico, Walmart delivers donations to the Food Bank

Puerto Rico, Walmart delivers donations to the Food Bank

Walmart Puerto Rico reported that it made a donation of 36 food vans and basic necessities valued at $ 1.5 million to the Food Bank, which will be distributed among different entities. The items included have begun to be delivered to centers for the elderly, children and mental health; non-profit entities that serve people with […]

Aruba, The supermarket chain Walmart lost the battle in front of the farmers and groups of retailers

Aruba, The supermarket chain Walmart lost the battle in front of the farmers and groups of retailers

The supermarket chain Walmart lost the battle in front of the farmers and groups of retailers in the case where it tried to merge with Gessa. A powerful economic agent could create risks in “impact on prices, condition suppliers and exclude competitors in the market”, according to the refusal. That is why the Commission to […]

Walmart along with Google to defeat Amazon in South America

Walmart along with Google to defeat Amazon  in South America

The retail giant Walmart remains firm in its plan to face the advance of Amazon in global electronic commerce, but everything seems to indicate that it slowly seeks to change its strategy with the aim of consolidating in markets that are not yet so developed. And there Latin America plays a key role. Last week, […]

Jac. Vandenberg, Inc is recalling 1,727 cartons of Fresh Peaches

Jac. Vandenberg, Inc is recalling 1,727 cartons of Fresh Peaches

Jac. Vandenberg, Inc has announced in a release that they are recalling 1,727 cartons of Fresh Peaches, 1,207 cartons of Fresh Nectarines and 365 cartons of Fresh Plums because they might be contaminated with listeria.  The U.S. Food and Drug Administration stated that the peaches were sold at Walmart stores in Ohio. They are sold […]

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