All Walmart articles – Page 24
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NewsGeorge at Asda appoints international director to lead overseas expansion
George at Asda has promoted the grocer’s director of merchandising Nick Bailey to lead its overseas offensive.
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OpinionComment: Walmart fights back with technology as sales slip
As Walmart was reporting its first same-store sales drop in seven quarters along with a barely increasing profit on May 16th, it also detailed its impressive IT and e-commerce growth.
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NewsHalfords appoints Walmart Canada's Emma Fox as commercial director
Car parts and cyclists specialist Halfords has hired Walmart Canada chief marketing officer Emma Fox as its commercial director.
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NewsAsda boss insists low prices will drive loyalty as like-for-likes rise 1.3%
Asda has ploughed money into its digital operations while throwing its weight behind a sustained low-price strategy amid a grocery market awash with promotions.
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NewsWalmart opts for own Bangladesh safety standards over industry-wide code
The world’s largest retailer Walmart has declined to sign the IndustriAll safety agreement, instead opting for its own standards which it claims go further and will produce faster results.
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NewsWalmart commits to Bangladesh and embarks on standards drive
Walmart has committed to continued sourcing from Bangladesh and to improve safety standards in the country.
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Walmart begins marketing selected new brand launches
Walmart has begun marketing selected new brand launches using more experiential promotional tactics.There will be increased promotional events in Walmart parking lots and outside stores in ‘mobile brand boxes’.Initiatives could range from interactive simulators and games to pop-up demonstration areas.
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NewsPrimark 'deeply shocked' by fatal Bangladesh building collapse
Value fashion giant Primark has expressed horror and pledged action following the collapse of a building in Bangladesh that housed a supplier to the retailer.
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AnalysisAnalysis: Walmart gears up for the digital fight against Amazon
The retail giant has unveiled a raft of omnichannel initiatives, but will this push be enough for Walmart to gain ground after a slow online start?
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Walmart bribery allegations likely to incur losses
Walmart is likely to incur losses relating to bribery allegations in Mexico. The allegations surfaced last year and centred on company representatives reportedly bribing officials in Mexico in support of new store openings. The disclosure was made in Walmart’s recently filed annual report.The matter cost Walmart $157m (£103.5m) in the ...
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AnalysisInternational analysis: Walmart steps up to the multichannel plate
The world’s largest retailer, Walmart, has revealed it will be piloting in-store collection lockers in its home market.
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AnalysisAnalysis: Can Walmart's idea to crowd source online deliveries work?
As Walmart considers using a crowd-sourcing approach to deliver online orders, Retail Week looks at the practicalities and implications of the move.
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Walmart to develop global ecommerce platform
Walmart is developing a global ecommerce platform called Pangea. Speaking to investors at the Bank of America Merrill Lynch Consumer & Retail Conference, Walmart chief financial officer Charles Holley said: “We want to have a common global platform that can flex to the market.”The US retail giant also aims to ...
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News
Bharti Walmart puts Indian expansion on hold
Walmart’s joint venture in India, Bharti Walmart, has put its expansion plans on hold as a result of an anti-bribery probe into the grocer’s investments and operations in the country.A Bharti Walmart spokeswoman said: “There had been some delays in store openings as the company developed and implemented enhanced procedures ...
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Walmart launches online product range
Walmart has launched an online range of products from small and medium-sized enterprises owned by women on its website, to support economic empowerment.More than 200 items, from jewellery and iPad cases to coffee beans and clothing, will be sold on the Empowering Women Together section of Walmart.com.The range comes from ...
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Walmart to continue expansion drive in Mexico and Central America
Walmart plans to continue its expansion drive in Mexico and Central America this year.The retailer will invest between MXN17.3bn (£902.4m) and MXN17.9bn (£933.7m) in the region this year to expand and modernise. That would be at least MXN2.5bn (£130.4m) higher than investments made in 2012.
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Walmart records solid trading for fourth quarter
Walmart recorded solid trading in its fourth quarter. In the 13 weeks to January 25 group net sales increased by 3.9% to $127.1bn (£84.13bn). Group income from continuing operations rose 7.9% to $5.6bn (£3.71bn).Much of the growth was driven by overseas operations. Walmart International reported a 6.9% increase in fourth-quarter ...
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Walmart has 'worst sales start to a month in seven years'
Walmart has reportedly had the worst sales start to a month in seven years, according to a leaked internal email obtained by Bloomberg.The email, from the company’s vice-president of finance and logistics Jerry Murray, reported that month-to-date sales were “a total disaster”.Possible reasons for the poor performance from the retailer ...
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NewsAsda profits increase despite flat Christmas like-for-likes
Asda’s gross profit increased over the fourth quarter despite like-for-likes remaining flat over Christmas, and the grocer has launched an online offensive on international markets by its fashion brand George.
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Walmart begins testing self-scanning technology
Walmart has begun testing self-scanning using shoppers’ smartphones at 40 stores in Denver, Colorado.Customers can download the Scan & Go app to their phones, and then scan products in-store. Once their shop is complete, they select ‘done shopping’ on the app. A QR code is created and shoppers are prompted ...