Walmart makes more digital moves
Walmart employees will be able to check out customers wherever they are in the store with the retailer's new mobile Check Out With Me technology.
Walmart is testing the new program called Check Out With Me in the Lawn & Garden Centers of more than 350 stores across the country, just in time for the busy spring season.
Outfitted with cellular devices and Bluetooth printers, Lawn & Garden associates at these select stores can check out customers and provide a receipt on the spot. Customers no longer need to venture inside the physical store to pay for items like mulch, soil and flowers, saving them valuable time.
A Walmart associate scans a customer’s items with the Check Out With Me mobile device, swipes their credit card and provides them with a receipt – printed or electronic options available. Customers just pay and go. It's as simple as that.
Also on Monday, Bloomberg reported that Walmart is close to finalizing a deal to buy a majority stake in India’s leading e-commerce company for at least $12 billion and may complete the agreement in the next two weeks.
The deal with Flipkart, if completed, will give Walmart a substantial foothold in an emerging market of 1.3 billion people.
On Friday Walmart released its 2018 Annual Report, Global Responsibility Report, an update on its Global Ethics and Compliance Program and its Proxy Statement in preparation for the retailer's annual shareholders’ meeting on May 30.
“We’ve had an exciting year. We made great progress accelerating innovation to save customers both money and time,” said Walmart president and CEO, Doug McMillon in a letter to shareholders, associates and customers. “In our stores, we’re digitizing experiences to make it easier for customers to shop and more efficient for associates to manage inventory and perform routine tasks. Our e-commerce business continues to scale as we launch new ways to enhance the customer experience. We’re moving faster, getting stronger and we have good momentum throughout the business.”
Walmart announced that Kevin Systrom, the co-founder and CEO of Instagram, would not stand for re-election to the board. He joined the board in 2014 and served as chair of the technology and e-commerce committee.
The retailer has nominated McDonald’s CEO Steve Easterbrook to the board as it looks to bolster its global business operations.
“We appreciate the insights and perspectives Kevin provided that helped guide our approach to technology and e-commerce and shape transformations within both that are underway,” said chairman of the board of directors, Greg Penner. “Given his responsibilities leading Instagram and his new commitments following the arrival of his first child, we respect his decision to divide his time between those two important priorities and wish him well.”