Supermarket chain HEMA to expand presence in the U.S. and Canada

By Akshay Kedari  Date: 2019-07-05

Supermarket chain HEMA to expand presence in the U.S. and Canada

HEMA, a department store chain recently announced its plans to expand into Canada & the U.S. U.S. customers will now be enabled to buy HEMA household products through the online platform of the world's largest retailer, Walmart.com. HEMA will open both shop-in-shops & standalone stores in Walmart's largest stores, through a local partner in Canada, by the second half of the year, cite sources.

Reportedly, after Europe and Asia, North America will be the third continent, in which HEMA will be operational. HEMA will be offering household goods through the online platform Walmart.com. In the U.S. and In Canada, the company will start in the province of Ontario, where it will open shop-in-shops & standalone stores in major Walmart stores. The company has been working with the local partners to achieve the goal. The first stores are expected to open this year.

Tjeerd Jegen, CEO, HEMA was reportedly quoted saying that the expansion in North America is a step forward for the company, as the founders of the company saw dollar stores in that region almost 100 years ago & they introduced the same concept by opening the first HEMA store in Netherlands. The company is elated to partner with the world’s largest retailer, Walmart. The tie-up also fits in perfectly with the company’s international expansion strategy, Jegen added.

Philip Behn, GM & Head of Marketplace at Walmart was reported to state that- as a company, Walmart always look forward to opportunities to bring quality products at great prices to the customers. As the company expands its marketplace, it also creates novel opportunities for local & international sellers. HEMA, as a new partner will cater to customers’ choice.

 In the USA and Canada, HEMA is going to add Amsterdam to its brand name. By emphasizing its Dutch origins, the company is expecting to distinguish its brand in North America.

Source credits: https://www.prnewswire.com/news-releases/hema-expands-to-usa-and-canada-300879833.html

About Author

Akshay Kedari     aeresearch.net

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More

More News By Akshay Kedari

Tiger Global looking to raise USD 10 billion to create new venture fund

Tiger Global looking to raise USD 10 billion to create new venture fund

By Akshay Kedari

American investment firm Tiger Global is reportedly looking to create a capital fund for startups by securing USD 10 billion from investors. So far, the company has participated in over 100 investment rounds since the past three months and has manage...

Urban Company secures USD 190 million in funding round led by Prosus

Urban Company secures USD 190 million in funding round led by Prosus

By Akshay Kedari

Urban Company, an Indian gig marketplace that provides home maintenance services, has secured USD 190 million in a funding round which was led by Prosus N.V. Other participants in the fundraising included companies such as Steadview Capital, Tiger Gl...

Samsung might launch a foldable Android tablet in first quarter of 2022

Samsung might launch a foldable Android tablet in first quarter of 2022

By Akshay Kedari

After introducing three foldable smartphones in the past couple of years, South Korean multinational conglomerate Samsung Electronics is reportedly working on its first tri-folding Android tablet. According to reliable sources, the new product is lik...

Remote hiring startup Deel secures USD 156 million in Series C funding

Remote hiring startup Deel secures USD 156 million in Series C funding

By Akshay Kedari

Deel, a company that specializes in offering recruitment, payroll, and compliance tools, has reportedly secured USD 156 million during a Series C funding round which was led by YC Continuity Fund. The California-based startup has now reached a valuat...

Audi unveils the A6 e-Tron concept with 700 km range and 800 Nm torque

Audi unveils the A6 e-Tron concept with 700 km range and 800 Nm torque

By Akshay Kedari

Audi AG, a German multinational auto manufacturer of luxury vehicles has unveiled the A6 e-Tron concept which is soon likely to be made available globally. The production version which is expected to have a range of 700 km (more than 400 miles) is to...