Walmart(US:WMT) 2 1 Shi Ji Jing Ji Bao Dao·2025-11-04 00:55Core Viewpoint - The recent updates to the Sam's Club app have sparked controversy among members, highlighting challenges in digital transformation and intensifying competition in the membership-based retail market [3][4]. Group 1: App Controversy and Digital Transformation - The Sam's Club app update has received criticism for overly beautified images, confusing product information, and a complicated interface, affecting user experience [3]. - The company acknowledges the feedback and is committed to improving the app based on member suggestions, emphasizing a "member-first" approach [3][4]. - The competition in the membership-based retail sector is increasingly focused on digital capabilities [3][6]. Group 2: Leadership Changes and Strategic Focus - Liu Peng has been appointed as the new president of Sam's Club, bringing extensive experience in internet and retail digitalization from his previous roles at Alibaba [4][5]. - The leadership change is seen as a strategic move to address dual challenges: enhancing e-commerce capabilities to counter platform competition and reinforcing product uniqueness to maintain a premium positioning [5][6]. Group 3: Competitive Landscape - Membership-based retailers like Sam's Club and Costco are facing intensified online competition, necessitating different strategies to attract consumers [5][6]. - Sam's Club has been investing in e-commerce to expand delivery options and diversify product offerings, while Costco leverages brand influence and unique member services [5][6]. - New entrants like Alibaba, JD.com, and Meituan are disrupting traditional membership models with strong logistics and instant retail capabilities [5][6]. Group 4: User Experience and Supply Chain Integration - User experience is critical, with clear product information, user-friendly interfaces, and efficient delivery services being essential for competitiveness [7][8]. - The demand for timely delivery has escalated, with traditional giants like Sam's Club and Costco striving to enhance their delivery systems to match the speed of emerging platforms [7][8]. - Strong supply chain integration is vital for maintaining product quality and ensuring rapid replenishment and delivery, with traditional retailers needing to adapt to local instant delivery demands [8].