Notes from Walmart and Sam’s Club Store Visits June 7 … Microsoft Word - Notes from Walmart and...

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June7,2017

DeborahWeinswig,ManagingDirector,FungGlobalRetail&Technologydeborahweinswig@fung1937.comUS:917.655.6790HK:852.6119.1779CN:86.186.1420.3016Copyright©2017TheFungGroup.Allrightsreserved.

Notes from Walmart and Sam’s Club Store Visits

1) TheFungGlobalRetail&TechnologyteamrecentlyvisitedtwoWalmart-ownedstoresinArkansas:aWalmartinRogersandaSam’sClubinSpringdale.

2) TheWalmartstoreisenormousandisopen24hoursaday.Itoffersgroceries,automotiveservice,gardenandoutdoorsupplies,apharmacy,anopticalshop,aphotocenter,anailsalon,restaurants,agasolinestationwithanattachedconveniencestoreandanon-siteFedExstore.

3) TheRogersWalmarthasfullyimplementedScan&Goandoffershandheldproductscannersforcustomerswithoutsmartphones,aswellasfull-servicecheckoutstationsthatcanscanitemsandacceptcash,creditcardsandWalmartPay.ToencouragecustomerstodownloadandusetheWalmartapp,boththeWalmartandSam’sClubstoreswevisitedofferfreeWi-Fiservice.TheSam’sClubstorealsooffersScan&Go.

4) ThesmallerSpringdaleSam’sClubstoreoffersgoodsintypicalbulkquantities,aswellasapharmacy,anopticalandhearingshop,agasolinestation,automotiveservice,andevenluxurymassagechairsandasushicounter.

5) Bothstoreshaveimplementedin-storepickup.TheWalmartstorehasparkingspaceswherecustomerscanpickupgoodsorderedpreviously,whereastheSam’sClubstorehasadedicatedstoreentryforpickingupgoodsorderedonline.

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June7,2017

DeborahWeinswig,ManagingDirector,FungGlobalRetail&Technologydeborahweinswig@fung1937.comUS:917.655.6790HK:852.6119.1779CN:86.186.1420.3016Copyright©2017TheFungGroup.Allrightsreserved.

StoreVisit:WalmartStore#4208inRogers,ArkansasTheFungGlobalRetail&TechnologyteamvisitedWalmartstore#4208inRogers,Arkansas.

Thisstoreisenormous—easilythesizeofafootballfield—andoffersgroceries,homeandgardenproducts,apharmacy,anon-siteFedExstore,suppliesforoutdoorliving,anopticalshop,anailsalonandagasstationwithanattachedconveniencestore.

Source:FungGlobalRetail&Technology

Source:FungGlobalRetail&Technology

ThestoreoffersscannersforitsScan&Goservice.

Thepaymentterminalsfacilitatethescanningofitemsandpaymentwithcash,creditorWalmartPay.

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June7,2017

DeborahWeinswig,ManagingDirector,FungGlobalRetail&Technologydeborahweinswig@fung1937.comUS:917.655.6790HK:852.6119.1779CN:86.186.1420.3016Copyright©2017TheFungGroup.Allrightsreserved.

Italsooffersclick-and-collectserviceforcustomers.

Source:FungGlobalRetail&Technology

StoreVisit:Sam’sClub#4808inSpringdale,ArkansasTheFungGlobalRetail&TechnologyteamalsovisitedSam’sClub#4808innearbySpringdale,Arkansas.

Source:FungGlobalRetail&Technology

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June7,2017

DeborahWeinswig,ManagingDirector,FungGlobalRetail&Technologydeborahweinswig@fung1937.comUS:917.655.6790HK:852.6119.1779CN:86.186.1420.3016Copyright©2017TheFungGroup.Allrightsreserved.

Theclubisenormous,offeringgoodsinlargequantities.

Source:FungGlobalRetail&Technology

Therewasahealthysupplyofjeansandfreshfruit,includingwatermelons.

Source:FungGlobalRetail&Technology

Andthestoreevenofferssushi.

Source:FungGlobalRetail&Technology

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June7,2017

DeborahWeinswig,ManagingDirector,FungGlobalRetail&Technologydeborahweinswig@fung1937.comUS:917.655.6790HK:852.6119.1779CN:86.186.1420.3016Copyright©2017TheFungGroup.Allrightsreserved.

Thestorealsohousesapharmacyandanopticalshop,andoffersautomotiverepair,gasolineandclick-and-collectservice.

Source:FungGlobalRetail&Technology

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June7,2017

DeborahWeinswig,ManagingDirector,FungGlobalRetail&Technologydeborahweinswig@fung1937.comUS:917.655.6790HK:852.6119.1779CN:86.186.1420.3016Copyright©2017TheFungGroup.Allrightsreserved.

DeborahWeinswig,CPAManagingDirectorFungGlobalRetail&TechnologyNewYork:917.655.6790HongKong:852.6119.1779China:86.186.1420.3016deborahweinswig@fung1937.comJohnHarmon,CFASeniorAnalyst

HongKong:8thFloor,LiFungTower888CheungShaWanRoad,KowloonHongKongTel:85223004406London:242-246MaryleboneRoadLondon,NW16JQUnitedKingdomTel:44(0)2076168988NewYork:1359Broadway,9thFloorNewYork,NY10018Tel:6468397017FungGlobalRetailTech.com