All WalMart articles – Page 35
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News
Walmart to focus on international growth and store revamps
Walmart has outlined its growth plans for next year, intending to focus on international growth and store revamps in its domestic market.In the US, Walmart will continue to focus on store revamps. By next month Walmart US will have completed Project Impact remodels at more than 30% of its 3,538 ...
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News
Walmart enters into a price war with Amazon
Walmart has entered into a price war with Amazon and the nation’s book retailers, lowering prices on certain highly anticipated hardback titles to $9 (£5.49).The retailer listed prices for some upcoming hardcover releases, such as Dean Koontz’s Breathless and Stephen King’s Under the Dome at $10 (£6.10), which was answered ...
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NewsGeorge collaboration portal cuts overseas costs
George is using an online collaboration portal to deliver “George in a box” to Wal-mart’s businesses around the world.
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News
Walmex Q3 profits jump 18%
Wal-mart’s Mexican subsidiary Walmex’s third-quarter net profit jumped 18% as its low price promotions helped it weather the economic slump.The retailer said it earned MXN3.86bn (£177m) in the period, compared with MXN3.26bn (£149m) a year earlier. Total revenue for the quarter rose 12% to MXN64.59bn (£2.96bn), while EBITDA grew 17% ...
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NewsCan Wal-Mart hold on to its new-found customers?
Wal-Mart’s everyday low price stance has been paying off in the US recession.
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News
Wal-Mart Canada opens first eco-friendly Supercenter
Wal-Mart Canada has opened its first eco-friendly Supercenter in Waterdown, Ontario.
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AnalysisHow retailers are minimising fuel costs
Volatile fuel costs are having a major impact on the retail supply chain. Alison Clements discovers how retailers are attempting to minimise costs without jeopardising service
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OpinionA new age of reason
Visits in the past two weeks to the US and Australia have unearthed encouraging signs to counter the fears of a recessionary pandemic that abounded 12 months ago.
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News
D&S results
Wal-Mart’s Chilean subsidiary, D&S, reported second-quarter sales up 8.9% on the same quarter of 2008, with comparable sales also up, by 8.2%. Profit dropped 18.9% to CLP23.51bn (£26.2m).The retailer, which operates under a number of different formats such as hypermarket Hiper de Lider, said that most of the drop was ...
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OpinionEmbracing digital media could give Asda an edge
Asda will next week steam ahead of the rest of the big four grocers in the social networking arena. And the bold move may well help it give the grocer an edge.
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NewsAsda builds social site to push transparency
Asda is to launch a social networking website next week as part of its plan to become a more transparent business.
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NewsAndy Bond warns of long road to recovery
Despite a better than expected trading outlook for the rest of this year, the road to recovery for UK retailers will be long and hard, Asda chief executive Andy Bond has suggested.
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OpinionDigital screens - retail has seen it all before
Asda’s newly opened future store in Keighley, Bradford, is trialling a digital signage system from Amscreen that has been designed to influence purchase decisions at the point of sale.In Amscreen’s promotion of the deal, which includes a video of the system it’s posted on its website, it describes the system ...
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News
Wal-Mart develops worldwide sustainable product index for suppliers
Wal-Mart is developing a worldwide sustainable product index for suppliers in an attempt to establish a single source of data for evaluating the sustainability of products.The initiative will run in three phases: surveying its more than 100,000 suppliers; helping create a consortium of universities that will collaborate with suppliers, retailers ...
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News
PetSmart considers expanding its services
PetSmart, America’s largest pet store chain, is considering an expansion into in-home services, including dog walking and setting up home aquariums, in an effort to distinguish itself from retailers such as Wal-Mart.PetSmart is in the early stages of developing ways to provide the services, according to the retailer’s new chief ...
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News
Wal-Mart customers to vote on what products are stocked
Wal-Mart customers will be able to vote on what products the retail giant stocks as part of a new initiative due to launch in the autumn.Shoppers will be able to vote on non-perishables in an effort to empower customers and ensure it stocks the right products. The customers to vote ...
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NewsAsda trials system to hone merchandising
Asda has successfully completed testing and user acceptance of a store and merchandise planning system from Galleria Retail Technology Solutions.
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OpinionPrice-conscious retail with a conscience
Conspicuous consumption is giving way to conscientious consumption. This is not just a sign of recessionary times but the dawning of an era, says Michael Poynor
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News
Most retailers expanding abroad entering Mid East markets
Saudi Arabia attracted the most new retailers in the past year, with 37 opening their doors there, a CB Richard Ellis report found.The study showed that most retailers expanding abroad were entering Middle Eastern markets; Kuwait and the United Arab Emirates were also in the top five.Separately, AT Kearney’s annual ...
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News
Possible expansion into Russia for Wal-Mart
Wal-Mart International chief Doug McMillon has said the retailer is pursuing a variety of options to enter Russia.A delegation from Russia attended the retailer’s associates’ meeting last week and McMillon said Wal-Mart could proceed by acquisition or by opening its own stores, but no time frame has been set. “We ...