On December 25, 2019, the first Sam membership store in Nantong, Jiangsu, ushered in the anniversary store, with hundreds of members sharing a five-meter-long giant cake. Member shops also opened bread and raw meat operating rooms to the media.
Sam's Member Store is a high-end membership store owned by Wal-Mart, a Fortune 500 company, and has grown to become one of the world's largest membership stores. Currently, Sam has opened 23 stores in China. Nantong Sam Member Store is located in Gangzha District, Nantong City. It is also the first Sam Member Store in Jiangsu, Jiangsu and North Jiangsu, and it is the fifth one opened in Jiangsu Province.
In order to ensure the fresh and safe and fast supply of fresh food products, Wal-Mart has opened 10 fresh food distribution centers across the country. The fresh food distribution centers have strict management standards and leading logistics systems, and provide fruit and meat to more than 400 stores across the country. Cold chain distribution of fresh food such as vegetables and packaged vegetables. All cold chain distribution vehicles are equipped with a real-time temperature monitoring system to achieve visualized cold chain distribution temperature control. There are professional personnel in each fresh food distribution center to strictly inspect and accept each batch of food to ensure that the quality and safety of the products reach the standards.
In June 2019, Walmart China officially launched the Walmart China Blockchain Traceability Platform. The first batch of 23 products has been tested and entered the platform, covering more than ten categories such as packaged fresh meat, vegetables, seafood, and private labels. It is planned that by the end of 2020, Walmart's overall traceable fresh meat will account for 50% of the total packaged fresh meat sales, traceable vegetables will account for 40% of the total packaged vegetable sales, and traceable seafood will account for the overall seafood category sales. 12.5% of the amount.
Wal-Mart is full of confidence in the Chinese market and will continue to increase investment and development. In the next 5-7 years, we plan to open 500 new stores and cloud warehouses in China, including Wal-Mart Shopping Plaza, Sam's Member Store, and Wal-Mart Community Stores. In addition to opening new stores, over the next three years, 200 existing stores will undergo drastic upgrades. Through the differentiated advantages of fresh food and private brands, omni-channel digital experiences, and business format changes, it will highlight “freshness, save money, and convenience.” ".