All WalMart articles – Page 27
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AnalysisWalmart plants flag with Chinese ecommerce site
Walmart has unveiled plans to take a majority share in fast-growing Chinese ecommerce website Yihaodian.com, cementing its commitment both to ecommerce and international investment in the growing Chinese market.
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AnalysisPlan for overseas growth
Suppliers are an invaluable source of customer insight. Sarah Butler considers why retailers could benefit from their expertise – particularly when it comes to international success.
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News
Walmart Canada sets out ambitious expansion schedule
Walmart Canada has set out an ambitious expansion schedule for its 2012 financial year in which it hopes to complete a company record of at least 73 new projects. The various initiatives include building new stores and expanding, remodelling or relocating existing outlets. The retailer currently operates 333 stores, including ...
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NewsAsda creates sustainability network for suppliers
Asda has signed a deal to increase sustainable practices in its supply chain.
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OpinionStyle and value have global appeal
Andrew Moore is executive managing director of George at Asda. Moore joined George in 2008, after spending 25 years at Marks & Spencer where he held several senior buying positions.
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News
Walmart announces key executive changes
Walmart said that Brian Cornell is stepping down as chief executive of Sam’s Club. Cornell cited personal reasons for the decision to leave. From February 1, he will be replaced by Rosalind Brewer who most recently served as president of the Walmart US east business unit. Walmart disclosed several other ...
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NewsAsda Income Tracker: Weekly spending power falls by £12
Asda has said UK families were £12 a week worse off in December 2011 than a year earlier.
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AnalysisEtail has left the future of hypermarkets in doubt
The 1960s were a momentous decade for retail.
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News
Walmart Canada to cut prices on 7,000 items
Walmart Canada is cutting prices on 7,000 items during January. The cuts are on all major categories across grocery and general merchandise and, Walmart says, are expected to translate into customer savings of more than C$25.7m (£16.2m) this month.“With the holiday season over, we know our customers are experiencing budget ...
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AnalysisUS discounters turn up the heat in grocery sector
Last week, US-based discount retailer Family Dollar posted a 7.6% increase in net sales to $2.1bn (£1.36bn) on the back of strong growth in the consumables category.
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NewsIndian government approves single-brand FDI change
The Indian government has approved proposals to allow 100% Foreign Direct Investment (FDI) in single-brand retail.
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AnalysisWhich are the most exciting emerging markets?
So where will you head off to in 2012? To help plan your international forays this year, Rebecca Thomson considers some of the most exciting emerging international retail markets in the most unlikely of places.
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News
Walmart introduces first social shopping app
Walmart has introduced the first social shopping app from its recently formed @WalmartLabs division. Known as Shopycat, the tool allows Facebook users to find gifts for friends and family based on the interests posted on their profiles. It then recommends items from Walmart’s stores, Walmart.com and other sites including RedEnvelope, ...
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NewsIndian retail investment talks suspended
The Indian government has suspended talks to allow foreign investment from the world’s largest retailers with no clear timeframe in place to re-start discussions.
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NewsIndian foreign investment proposals put on hold
Plans to allow foreign investment from global retailers including Tesco, Carrefour and Walmart in India are on ice as the government looks to find a “consensus”.
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NewsSir Stuart Rose linked to Argos bid
Sir Stuart Rose has been linked to a return to Argos as part of a possible private equity approach for parent Home Retail.
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AnalysisIndia’s historic reforms will draw international players
The Indian cabinet has passed the bill on foreign direct investment (FDI) and agreed to allow 51% holdings in multi-brand and 100% in single-brand retail, making it one of the biggest economic reforms in the country’s history.
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OpinionLearn from the competition
Rivals can make retailers up their game and help drive innovation, says David Wild.
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News
Net sales increase for Walmart
Walmart disclosed that net sales in its third quarter rose 8.2% to $109.5bn (£70bn). Operating income grew by 4.8% to $5.9bn (£3.77bn). Net sales at Walmart US increased 2.7% to $63.8bn (£41bn) while like-for-likes turned positive after nine consecutive quarters of declines. Meanwhile, Walmart International reported that net sales on ...
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NewsIndian cabinet approves foreign investment in retail
The Indian government has cleared the way to allow multinational retailers including Tesco, Carrefour and Walmart to enter its retail market.