Walmart to launch its warehouse retail business on JD.com

Leading American multinational retail corporation, Walmart is mulling over launching its warehouse retail division Sam’s Club and a store for imported products on JD.com, which it recently acquired for US $ 3 billion.

The move is likely to give Chinese customers access to products imported by Walmart from its stores across the globe. The efforts are part of the agreement made between the two companies.

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For the Sam’s Club store, the retailer said it would stock merchandise in JD’s warehouses and use JD’s same- and next-day delivery service, which would certainly give it an edge over its competitors in e-commerce.

Founded in the year 1983, Sam’s Club ranks second in sales volume among warehouse clubs with US $ 56.828 billion in sales in fiscal year 2016. It (physically) operates 654 membership warehouse clubs in 47 US states and Puerto Rico. Walmart International also operates Sam’s Clubs in countries like Mexico, Brazil, and China.