All Walmart articles – Page 28
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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.
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NewsAsda staff share £17m Christmas package
Staff at Asda are to share a £17m ‘Festive Thank You’ this Christmas.
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News
Walmart launches apps for iPhone and iPad
Walmart has launched two new apps for the iPhone and iPad in its home market. The grocery and general merchandise retailer says they will enable “millions of customers to enjoy an enhanced, seamless shopping experience across Walmart’s 3,800 US stores and Walmart.com through mobile devices”.The apps are the first to ...
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NewsGrocers focus on own-labels in the battle for margins and share
Supermarkets are setting their sights on own-label products to create differentiation and drive margin improvements as they fight for market share.
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News
Walmart to shut apparel office in New York
Walmart is to shut its apparel office in New York to reduce costs and concentrate on more basic clothing.The office has about 275 workers in areas including product development and buying. These functions will be transferred to Walmart’s home town of Bentonville, Arkansas by February next year.Walmart US chief executive ...
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News
Walmart to roll back health care coverage
Walmart is significantly rolling back health care coverage for part-time workers while raising premiums for many full-time employees. All future staff who work less than an average of 24 hours per week will no longer qualify for any of the company’s health insurance plans.Additionally, new workers who average 24 to ...
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AnalysisSouth Africa’s Pick n Pay seeks to follow Tesco’s lead
South Africa’s second-largest grocery retailer Pick n Pay has launched a premium private-label line.
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News
Builders Warehouse enters Botswana
Builders Warehouse, the DIY chain operated by Walmart-controlled South African retail and wholesale group Massmart, has entered Botswana, marking its first step outside its home market.Llewellyn Walters, chief executive of Massmart’s DIY holding Massbuild, said: “We look forward to bringing customers the best choice at the lowest possible prices, with ...
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News
Walmart de México opens first standalone pharmacy
Walmart de México has opened its first standalone pharmacy in the country, Planet Retail has learned. The opening is part of a trial project and the retailer has not revealed any further details about it. Walmart already operates a number of pharmacies in Mexico, generally located next to larger stores ...
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News
Walmart announces resignation of key executives
Walmart has announced the resignation of key executives from its online business. Eduardo Castro-Wright, vice-chairman of global sourcing operations, is to retire in July and Wan Ling Martello, vice-president of ecommerce, is to leave the company to take up a new position at Nestlé. The departures come amid a drive ...
