All Walmart articles – Page 4
-
NewsAsda faces mass exodus as top team seek new roles
Asda chief financial officer Rob McWilliam has stepped down from his role, as a number of Asda’s senior staff prepare to quit after receiving their final payouts from the Walmart share scheme.
-
AnalysisDeep dive: How much Amazon and Walmart are investing – and should you follow suit?
As retailers ramp up for the new normal, how are titans Inditex, Tesco, Walmart, Amazon and Walgreens investing?
-
AnalysisDeep dive: The new Asda – saddled with debt or a return to former glory?
As reports emerge that chief executive Roger Burnley is stepping down, Retail Week looks at what Asda under their controversial new owners the Issa brothers will look like.
-
NewsAsda sales rise as customers trade up over Christmas
Asda has reported that customers trading up and treating themselves over Christmas led to strong sales upticks in its fourth quarter.
-
NewsIssa brothers complete £6.8bn acquisition of majority Asda stake
The Issa brothers and investment vehicle TDR Capital have confirmed the brothers’ acquisition of Asda for £6.8bn.
-
NewsEG Group to buy Asda’s petrol forecourt business in £750m deal
EG Group will buy Asda’s petrol forecourt business in a £750m deal following the completion of the supermarket giant’s sale to the Issa brothers.
-
AnalysisHow can retailers mitigate the £5bn returns headache?
RWRC’s Supply Chain 2021 report looks at how the coronavirus crisis has exacerbated returns rates and why it is imperative retailers act now to protect their bottom line
-
NewsAsda sales rise as Christmas spending is brought forward
Asda has posted an increase in sales during its third quarter as demand for “key Christmas products” was brought forward.
-
NewsWalmart sells majority stake in Japanese supermarket chain Seiyu
US retail giant Walmart has sold its majority stake in Japanese grocery chain Seiyu for $1.6bn, continuing its retreat from international markets.
-
OpinionFour ways to better merge physical and digital: lessons from global retail
How can retailers better merge the physical and digital worlds? Nicki Sprinz, managing director of digital experience agency ustwo, shares examples from around the world.
-
NewsWalmart scraps use of Bossa Nova’s stock-checking robots
Walmart has cut ties with inventory robotics start-up Bossa Nova and will return to staff-based methods of stock-checking in its stores.
-
Opinion‘Don’t underestimate the power of partnerships post-pandemic’
The idea of togetherness is one that has shone through in countless ways amid the coronavirus crisis.
-
NewsDixons Carphone, AO.com and Walmart offer rival Prime Day Sales
Retailers including Dixons Carphone, AO.com and Walmart are all offering autumn Sales in competition with Amazon’s delayed Prime Day.
-
AnalysisProfile: Asda’s new owners – the billionaire brothers with community values
Britain’s third-largest supermarket chain Asda has returned to private ownership, but who are the billionaire brothers behind the £6.8bn deal? Retail Week takes a closer look at Mohsin and Zuber Issa.
-
NewsIssa brothers’ Asda swoop ‘not a traditional private equity deal’
Asda’s chief financial officer has said the £6.8bn sale of the retailer is “not a traditional private equity deal” as the billionaire Issa brothers reflect the grocer’s values and long-term strategic aims.
-
NewsWalmart completes sale of Asda to Issa brothers for £6.8bn
Walmart has completed the sale of UK grocery chain Asda to global convenience and forecourts retail business co-founders the Issa brothers for £6.8bn.
-
NewsEG Group founders and TDR Capital lead race for £6.5bn Asda deal
The co-founders of EG Group and TDR Capital have moved into pole position in the race to buy Asda.
-
NewsWalmart set to choose preferred bidder in Asda deal
The Walmart board convened last week to decide on its preferred bidder in the Asda takeover deal.
-
NewsPrivate equity firm Lone Star drops out of race to buy Asda
US private equity firm Lone Star has reportedly dropped out of the bidding war to purchase Asda, leaving asset manager Apollo as the leading suitor.
-
NewsWalmart TikTok deal in doubt after Trump calls for US ‘total control’
US president Donald Trump has poured cold water on the mooted Oracle and Walmart takeover of TikTok, demanding the US companies have total control over the app.
