Walmart has expressed interest in expanding the representation of products from Ukrainian manufacturers
The world’s largest retailer Walmart has already introduced goods from Ukraine on its shelves and is interested in expanding their presence. This was stated by Capital Hills President James Charles Slattery.
“Walmart management is very impressed with the quality of products produced in Ukraine. Your products are of world-class quality, so we have to be aggressive in our policy of introducing Ukrainian goods to the US market”, he said during a meeting with Ukrainian manufacturers.
Slattery Strategy, which has an exclusive contract with Walmart for support, acts in the interests of Ukrainian companies in the US, while Capital Hills performs this role in Ukraine.
According to the chairman of the supervisory board of Capital Hills, Mykhailo Zhovner, the first brand that interested Walmart was Woodandhearts. His wooden Montessori toys first appeared on the marketplace and are now sold directly online. Walmart also carries another toy manufacturer, and is currently working on bringing in a frozen food company. The priority is unique competitive products that are important to the chain. For example, representatives of the retailer expanded the order of a company that initially entered the market only with the position of “ice cream”.
Vice President of Capital Hills, Managing Partner of EQUITY law firm Oleg Malinevsky explained that the company provides full support: from consultations and concluding contracts to cooperation at the delivery stage.
According to him, Walmart practices its own logistics from individual ports or makes payment at the stage of receiving the goods, and not after its sale:
“The most difficult part is the work of concluding a contract, establishing relations with Walmart. There will be a certain fixed amount, which will be discussed in each specific case”.
Slattery emphasized that after the increase in import duties for China by 100%, Ukrainian goods received additional competitive advantages:
“This is a great opportunity for Ukrainian manufacturers to export to the large US market. Not only Walmart wants to find a high-quality alternative to Chinese goods, we also see interest from Costco, Target, Home Depot”.
Walmart Inc. is an American corporation that operates the largest wholesale and retail network in the world under the Walmart brand. It unites more than 10,750 stores and clubs in 19 countries and serves about 270 million customers every week. According to the results of 2024, Walmart’s turnover amounted to $648.1 billion, and net profit – $15.51 billion.
LTD “Capital Hills” was created in 2023. Its ultimate beneficiaries are James Charles Slattery, Michael Jacob Zhovner, Oleg Malinevsky and Natalia Pyatygina (25% each).
