All WalMart articles – Page 34
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Analysis
Retail’s leaders of tomorrow
The appointments of Dalton Philips and Dido Harding reflect the emergence of a new generation of retail leaders. Here, Retail Week identifies 10 more stars tipped for the top
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News
Walmart to reduce supply chain greenhouse gas emissions
Walmart wants to eliminate 20 million metric tons of greenhouse gas emissions from its global supply chain by the end of 2015.The target figure represents 1.5 times the retailer’s estimated global carbon footprint growth over the next five years and is the equivalent of taking more than 3.8 million cars ...
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NewsOracle Retail Week Awards 2010: The Winners
The full list of winners from last night’s Oracle Retail Week Awards.
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AnalysisWhat Duane Reade can do for Walgreens
Walgreens is set to acquire New York-based drugstore chain Duane Reade in a $1.08bn (£662m) deal that includes the assumption of the latter’s $475m (£293m) debt.
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News
Walmart reports sales up 1%
Walmart has reported net sales of $405bn (£260bn) for its financial year to January 31, 2010 - an increase of 1% on the previous year.Income from continuing operations attributable to Walmart increased 8.8% to $14.4bn (£9.2 bn). Full-year net sales from the international division were $100.1bn (£64bn), a 1.3% increase ...
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News
Walmart cuts 300 head office jobs
Walmart is to cut 300 jobs at its headquarters in Arkansas as chief executive Mike Duke attempts to cut costs and make the retailer more efficient.In a memo sent to employees, Duke said managers were asked to look for opportunities to eliminate duplication and reduce costs when deciding which jobs ...
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NewsLoblaw man Dalton Philips to succeed Marc Bolland at Morrisons
Dalton Philips, chief operating officer of Canadian grocer Loblaw, has been appointed chief executive of Morrisons.
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NewsWalmart axes 11,200 jobs at Sam’s Club
Walmart is cutting 11,200 jobs at its Sam’s Club warehouse chain in the US.
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AnalysisRecovering US retailers’ plan of attack
The rules of retail in the US have changed, but the impact will be felt worldwide. Joanna Perry reports from New York
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AnalysisNRF: US retail IT leaders follow the consumer
The technology show at NRF had all the normal high-tech gadgets, but US retail’s IT leaders are increasingly focused first and foremost on the customer, finds Joanna Perry
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OpinionNRF: New York welcomes back the big boys of retail IT
The IT bosses of three of the fourbiggest retailers in the world have been spotted at the National Retail Federation conference and show in New York this week; and that says something about the role technology will play in the industry’s recovery from recession.
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News
Walmart to cut costs
Walmart is to launch a drive to cut billions of dollars of costs from its supply chain in 2010 by combining its store purchasing across national frontiers as it attempts to globalise its business, The Financial Times reported.The effort is part of the retailer’s plans to increase the proportion of ...
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NewsWalmart to use supply chain to cut costs in 2010
Walmart, the world’s biggest retailer, estimates that savings of between 5-15%, or $4bn-$12bn, will be possible by globalising its purchasing.
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NewsAsda ploughs into online greetings card market
Asda has waded into the online personalised greetings card arena in a tie-up with manufacturer Hallmark.
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AnalysisAsda head office staff take to the shopfloor at Christmas
Like many retailers, Asda’s head office staff are sent into stores to help with the Christmas rush. Sara McCorquodale finds out what they learn.
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NewsCanadian grocers seek to dodge Walmart bullet
As Walmart ploughs ahead with aggressive Supercenter expansion across Canada, the local players have begun to accept that aiming for price leadership is not worth the battle.
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AnalysisJudith McKenna could one day have the top job at Asda
In the week McKenna presented Asda’s third-quarter results, Jennifer Creevy says the sharp but likeable woman who runs Asda’s finances could one day be in the frame for the top job.
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News
Walmart plans to open a further 40 stores in India
Walmart plans to open a further 40 stores in India, according to Indian commerce and industry minister Anand Sharma. “Walmart is very satisfied with its results in India. I was informed by the Walmart CEO that they are looking at opening more stores. He gave me a figure of 40 ...
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NewsAsda posts flat profits and is ‘sold’ in internal Walmart deal
Asda, the Walmart-owned grocery and general merchandise giant, generated profit before tax of £520.4m last year.