All WalMart articles – Page 25
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News
Walmart Canada to discount more than 10,000 products
Walmart Canada is to discount more than 10,000 products in stores nationwide. The strategy is designed to build market share before expansion and the market entry next year of rival retailer Target.The offers will extend through July and include price reductions on about 3,000 grocery items.Recently, Walmart Canada has been ...
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OpinionComment: Walmart, The next 50 years - Big-Box Challenges
Fifty years ago in rural America, the big-box concept was a revolutionary idea.
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Analysis10 ways Walmart changed retail
It is 50 years to the day since the first Walmart store opened. Here we examine the most significant ways that that retailer transformed the stores sector.
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AnalysisWalmart at 50: Founder Sam Walton's 10 rules for business success
Fifty years ago today the first Walmart store opened in Rogers, Arkansas. Retail has been transformed in the intervening years, but founder Sam Walton’s golden rules remain just as relevant
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AnalysisAnalysis: Fifty years of Walmart
Half a century ago today Sam Walton opened his first Walmart store in Rogers, Arkansas. George MacDonald examines how the company went on to change the global retail landscape.
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News
Delay for Walmart de Mexico (Walmex) store extension
Walmart’s subsidiary Walmart de Mexico (Walmex) revealed that its plans to extend its store network will be delayed by 60 to 90 days.The retailer said: “The revision is primarily due to additional steps the company is adding to its real estate process that extends the average time required to open ...
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News
Seiyu to cut prices across 1,400 items
Walmart’s Japanese business Seiyu plans to cut prices across 1,400 grocery, clothing and homewares items by the end of the year.The reductions are designed to reflect changing consumer needs after the March 2011 earthquake.In the initial stage the retailer has lowered the price of 500 items in daily essentials and ...
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AnalysisOverseas growth: Why the VISTA countries are worth considering
Retailers eyeing overseas growth often look at the BRIC markets, but VISTA countries – Vietnam, Indonesia, South Africa, Thailand and Argentina – are worth considering.
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AnalysisAnalysis: Why Walmart shoppers are scared of spending online
Walmart’s Pay With Cash scheme allows shoppers to order online and pay with cash in store. But when paying for their goods, 40% of them chose to use other forms of payment - Retail Week’s content partner StorefrontBacktalk asks why.
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News
Walmart teams up with Procter & Gamble in month-long promotion
Walmart has teamed up with Procter & Gamble in a month-long promotion of online and mobile shopping in New York City.A lorry covered with QR codes for several P&G products, including Bounty paper towel, Head & Shoulders shampoo and Lams dog food, will tour the city. New Yorkers can use ...
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News
Walmart’s Pay with Cash scheme accounts for nearly 2% of online orders
Walmart’s Pay with Cash scheme – which allows shoppers to order online and pay in cash in store – accounts for nearly 2% of online orders, according to Joel Anderson, chief executive of Walmart.com. He told a conference in Chicago that 30% of Pay with Cash customers were new to ...
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AnalysisHow Amazon changed retailing
Amazon’s impact on retail has been remarkable. Its focus on technology and new ideas have produced innovations that set the bar for the industry. Rebecca Thomson charts its rise and possible future.
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AnalysisCostco’s caution pays off in ‘fragile’ environment
US-based Costco’s third-quarter earnings registered slightly above its expectations.
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News
Walmart plans small stores roll-out
Walmart plans a roll-out of its smallest format stores. US chief executive Bill Simon told an investor conference that its 12,000 to 15,000 sq ft Walmart Express stores, in locations including Chicago and North Carolina, are performing ahead of expectations. Walmart has 10 of the stores, which include grocery and ...
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AnalysisWalmart prospers in US but stuggles with digital
Recording its third consecutive quarter of positive comps growth, it appears Walmart has finally found momentum in the US by going back to basics Walmart US reported a 2.6% rise in first-quarter like-for-like sales, excluding fuel, last week.
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News
Bharti Walmart to open Best Price Modern Wholesale store
Walmart’s joint venture Bharti Walmart is to enter Gujarat with a 50,000 sq ft Best Price Modern Wholesale store, to open later this year.The retailer said: “We plan to open 12 to 15 Best Price Modern Wholesale stores in 2012, mainly in south and west India.” It also plans a ...
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NewsAsda reports 'gloomy' shopper sentiment
An Asda poll of its customers has revealed a “gloomy” picture with shoppers feeling pessimistic about budgets and spending.
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NewsAsda records 2.2% like-for-like sales rise
Asda has recorded a 2.2% uplift in like-for-like sales in the 12 weeks to March 31.
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News
Massmart appoints Guy Hayward as chief operating officer
Walmart-controlled Massmart has appointed Guy Hayward, chief financial officer since 2001, as chief operating officer. He reports to chief executive Grant Pattison. Group finance executive Ilan Zwarenstein succeeds Hayward as chief financial officer. Zwarenstein has also been appointed to the board and the Massmart executive committee.The retailer said Pattison would ...
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AnalysisQuotes of the day from the Retail Week Supply Chain Summit
Supply chain leaders on the big issues they face.