Evaluation of Walmart’s Business Portfolio in China During Covid-19
DOI:
https://doi.org/10.54691/bcpbm.v43i.4640Keywords:
Marketing; business management; improvement strategies; Walmart.Abstract
Due to the impact of the epidemic, the survival environment of China's traditional retailers has changed greatly. In addition to the increase in operating costs such as rent and labor, they are also facing the impact of the new retail format of online shopping. How to break this situation has become an urgent problem for retailers to solve. The main purpose of this article is to analyze Wal-Mart's business portfolio in China and to provide some references for Wal-Mart's future development in China. By analyzing the marketing mix strategies used by Wal-Mart in China, this study can identify the benefits and shortcomings of these strategies in China, add self-checkout to optimize consumer shopping after the epidemic, share inventory across industries to avoid excessive stockpiling, and strengthen localized marketing in China to attract consumers, enhance Wal-Mart's competitiveness in the industry, and contribute to the development of China's retail industry after the epidemic.
Downloads
References
National Bureau of Statistics (Ed.). Total retail sales of consumer goods will increase by 12.5 percent in 2021. 2022, January 17. 2022, November 20. http://www.stats.gov.cn/xxgk/sjfb/zxfb2020/202201/t20220117_1826441.html
Wang, Q. Walmart China is increasing its small business model and will open 500 new stores in the next 5-7 years. 2019, November 21. 2022, November 20. https://www.thepaper.cn/newsDetail_forward_5020966.
Iimedia (Ed.). Research report on the development status and consumption behavior of warehousing member supermarkets industry in China, 2021-2022. 2019, November 21. 2022, November 20. https://www.iimedia.cn/c400/84231.html.
Wang, L. (Ed.). Walmart’s Latest Earnings Report: Total Revenue Growth, Sam’s Club, China E-Commerce Business Outstanding Performance. 2022, November 15. 2022, November 20. https://www.bjnews.com.cn/detail/1668527316168702.html
Ma, Z. How Walmart doesn't respect the Chinese market. Fa Zhi Yu She Hui, 2014, 7: 5-6.
Central People’s Government of the People’s Republic of China. 2022, November 20. http://www.gov.cn/shuju/index.htm.
Yonghui Supermarket. 2022, November 20. https://www.yonghui.com.cn.
Liu, N. A study on Hypermarket Store layout and merchandise display based on consumers’ purchase psychology - taking Chongqing Yonghui supermarket as an example. Guide to Business, 2013, (18): 95–96.
Mo, M., An, Y., He, Z. Key regulatory points and control countermeasures of supermarket food safety-an analysis based on 359 supermarket food safety events. Cai Jing Li Lun Yu Shi Jian, 2014, 35 (1): 137–40.
Pan, C. A review of strategic management in T-mall supermarket. Business Intelligence, 2018, (13), 129.






