Following a subsequent decline in sales, various management and operational adjustments occurred, including the previously revealed addition of 8,500 SKUs to Walmart's mix.
Walmart's Project Impact, which aimed to improve the atmosphere in the chain's stores, included one of the most well-known SKU rationalisation initiatives.
Walmart intends to increase the number of products in each store by an average of 11%. Products that were delisted and then reinstated will be accompanied with shelf stickers stating "It's Back."
For SKU rationalisation initiatives to be successful, more than just sales figures are required. Consumer loyalty for a particular product was cited as the factor that needed to be assessed before a product was cut (33 percent).
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