May 19, 2020

Walmart Gives Entrepreneurs a Chance

Walmart
small business
Entreprenuers
Contest
Bizclik Editor
2 min
Walmart Gives Entrepreneurs a Chance

The June edition of The Business Review USA is now live!

A contest developed by @WalmartLabs if offering a once in a lifetime opportunity for American businesses and entrepreneurs to essentially live the American dream.

Today, Walmart kicked off Get on the Shelf, a social, crowdsourcing competition that provides entrepreneurs the chance to sell their products on Walmart.com and potentially select Walmart stores nationwide.

The contest is open to a diverse range of products and anyone in America can enter. For this year’s contest, Walmart has a more divested interest in products made in the good ol' U.S. of A, to compliment its domestic sourcing commitments. Just in time for the 4th of July! How very patriotic of you, Walmart!

"We're calling on entrepreneurs and inventors from across the country to help us discover the next big thing. In return, Walmart is giving them exposure to millions of potential customers," said Joel Anderson, President and CEO of Walmart.com. "Get on the Shelf taps into the spirit of American innovation and gives our customers a voice in selecting the products that will help them live better."

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Entrepreneurs and businesses alike, can submit entries for products such as, electronics, home, toys and apparel. All submission will be reviewed by Walmart merchants, and the public will be asked to vote for their favorite products later this summer.

This is the second Get on the Shelf contest for the retail giant and offers inventors and anyone with a dream and a cool new product broad exposure to millions of potential customers.

Hear from 2012's Grand Prize Winner:

According to Walmart’s press release, “Informed by the first round of public voting, Walmart merchants will select up to 20 product finalists that will be featured in an original web series produced by VIMBY, The Mark Burnett Digital Studio.  The weekly web series will be available at https://getontheshelf.walmart.com and the public vote will determine each week's winning item.  Through this process, up to five winning products will be chosen to be sold on Walmart.com. One or more of these winners will be selected as a grand prize winner based on the number of online pre-orders from customers, and could potentially be sold in select Walmart stores.”

Do you think that you have what it takes to Get on the Shelf? For complete contest rules and submission instructions, please visit https://getontheshelf.walmart.com. To learn more about the innovative platform supporting this initiative, please visit http://walmartlabs.blogspot.com/2013/06/getontheshelf2013.html.

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Jun 10, 2021

G7 Summit guide: What it is and what leaders hope to achieve

G7
G7Summit
Sustainability
EU
3 min
Business Chief delves into what the G7 is and represents and what its 2021 summit hopes to achieve

Unless you’ve had your head buried in the sand, you’ll have seen the term ‘G7’ plastered all over the Internet this week. We’re going to give you the skinny on exactly what the G7 is and what its purpose on this planet is ─ and whether it’s a good or a bad collaboration. 

 

Who are the G7?

The Group of Seven, or ‘G7’, may sound like a collective of pirate lords from a certain Disney smash-hit, but in reality, it’s a group of the world’s seven largest “advanced” economies ─ the powerhouses of the world, if you like. 

The merry band comprises:

  • Canada
  • France
  • Germany
  • Italy
  • Japan
  • The United Kingdom
  • The United States

Historically, Russia was a member of the then-called ‘G8’ but found itself excluded after their ever-so-slightly illegal takeover of Crimea back in 2014.

 

Since 1977, the European Union has also been involved in some capacity with the G7 Summit. The Union is not recognised as an official member, but gradually, as with all Europe-linked affairs, the Union has integrated itself into the conversation and is now included in all political discussions on the annual summit agenda. 

 

When was the ‘G’ formed?

Back in 1975, when the world was reeling from its very first oil shock and the subsequent financial fallout that came with it, the heads of state and government from six of the leading industrial countries had a face-to-face meeting at the Chateau de Rambouillet to discuss the global economy, its trajectory, and what they could do to address the economic turmoil that reared its ugly head throughout the 70s. 

 

Why does the G7 exist?

At this very first summit ─ the ‘G6’ summit ─, the leaders adopted a 15-point communiqué, the Declaration of Rambouillet, and agreed to continuously meet once a year moving forward to address the problems of the day, with a rotating Presidency. One year later, Canada was welcomed into the fold, and the ‘G6’ became seven and has remained so ever since ─ Russia’s inclusion and exclusion not counted. 

 

The group, as previously mentioned, was born in the looming shadow of a financial crisis, but its purpose is more significant than just economics. When leaders from the group meet, they discuss and exchange ideas on a broad range of issues, including injustice around the world, geopolitical matters, security, and sustainability. 

 

It’s worth noting that, while the G7 may be made up of mighty nations, the bloc is an informal one. So, although it is considered an important annual event, declarations made during the summit are not legally binding. That said, they are still very influential and worth taking note of because it indicates the ambitions and outlines the initiatives of these particularly prominent leading nations. 

 

Where is the 2021 G7 summit?

This year, the summit will be held in the United Kingdom deep in the southwest of England, with Prime Minister Boris Johnson hosting his contemporaries in the quaint Cornish resort of Carbis Bay near St Ives in Cornwall. 
 

What will be discussed this year? 

After almost two years of remote communication, this will be the first in-person G7 summit since the novel Coronavirus first took hold of the globe, and Britain wants “leaders to seize the opportunity to build back better from coronavirus, uniting to make the future fairer, greener, and more prosperous.”

 

The three-day summit, running from Friday to Sunday, will see the seven leaders discussing a whole host of shared challenges, ranging from the pandemic and vaccine development and distribution to the ongoing global fight against climate change through the implementation of sustainable norms and values. 

 

According to the UK government, the attendees will also be taking a look at “ensuring that people everywhere can benefit from open trade, technological change, and scientific discovery.” 

 

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