All Walmart articles – Page 32
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News
Bharti Walmart to open 12 new Best Price Modern Wholesale stores by March 2012
Walmart’s Indian joint venture operation Bharti Walmart is planning to open 12 new Best Price Modern Wholesale stores by March 2012, in a move away from its cautious expansion strategy.The group expects to ramp up the rate of expansion and open “more than 12” stores in 2013.Managing director and chief ...
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AnalysisTime for retail to come in from the cold
After three snowy, sales-depleting winters in a row, are the icy temperatures here to stay in the UK and can retailers do anything to lessen the impact of the weather? Charlotte Hardie reports
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AnalysisWalmart pledges healthier food with no added extras
Walmart is to embark upon a five-year plan to make its food offering healthier.
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AnalysisNRF: Polar opposites
The big topic at this year’s NRF convention was the polarisation of global retail. Joanna Perry reviews the key themes, while on page 24, Rebecca Thomson examines the top technological innovations on show
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NewsMassmart shareholders approve Walmart deal
South African retailer Massmart’s shareholders have approved a $2.39bn tie-up with Walmart.
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NewsHodkinson joins Floors-2-Go
Floorings specialist wins £3.25m cash injection and hires sector veteran as it guns for growth
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News
Walmart in Brazil cuts prices of 2000 items by up to 20%
Walmart has adopted an EDLP pricing model at its Brazilian operations with immediate effect. Dubbed Preço Baixo Todo Dia, the introduction of the scheme resulted in the prices of 2,000 items being cut by up to 20%.Walmart has also ended its Bomclube loyalty programme in Brazil as part of the ...
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AnalysisCarrefour enters India solo with cash and carry store
Following in the footsteps of its global rivals, Carrefour has finally entered the Indian market with its first cash and carry store
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NewsBond stands down as Asda chairman
Asda chairman Andy Bond has stepped down from his position just nine months into the role and will leave parent Walmart at the end of March after completing its acquisition of South African general merchandise retailer Massmart.
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News
Sears to launch movie download service
Department store group Sears has unveiled plans to launch a movie download service at its eponymous and Kmart stores. The service, called Alphaline Entertainment, would be available to users on a variety of devices, including mobile, and will offer customers the ability to download movies and TV shows the same ...
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News
Walmart is to close office in Moscow
Walmart is to close its office in Moscow. International chief executive Doug McMillon said: “The Russian market is a compelling retail opportunity and we believe that Russian consumers could benefit from Walmart’s value proposition.“Since we have decided to enter the market through acquisition, not greenfield development, and since there is ...
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AnalysisInternationalism is high on the agenda for 2011
In the past few years the retail sector has been dominated by the effects of the global economic crisis, with consumers in search of value and low prices.
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NewsWalmart closes Moscow office
Walmart is to close its office in Moscow, but said that it remains interested in entering the Russian market through “an attractive acquisition”.
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News
Massmart launches website for extended food offer
In the run-up to its expected acquisition by Walmart, South African retailer Massmart has launched a dedicated website for the extended food offer that has recently been piloted at a Game variety store in Cape Town. The site - at Foodco.co.za - describes Foodco as “a supermarket inside Game that ...
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AnalysisWalmart to take Latin American lessons to Asia
In China, Walmart is launching compact hypermarkets as it aims to profitably penetrate the market, reaching more consumers in both rural and urban environments.
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AnalysisWeb sales to be a cracker this Christmas
With an increasing number of people shopping online, Gemma Goldfingle looks at how retailers are harnessing the web to boost seasonal sales
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NewsWalmart trials new format in China
Walmart has embarked on a new strategy in China in a bid to reach lower-income and rural shoppers.
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News
Walmart set to acquire 51% of Massmart
Walmart has made a cash offer of R16.5bn (£1.48bn) to buy a controlling 51% of South Africa’s Massmart Holdings, its first foray into the growing retail market in sub-Saharan Africa. Massmart will remain listed in Johannesburg if the deal is completed, it said. “The more we learn about South Africa ...
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AnalysisWalmart to take on big cities with small stores
Today, Walmart’s influence across America’s heartland is unmatched, and now it is looking to prove its competitors wrong once again by reaching out to a new, unconventional consumer: the city dweller.
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NewsWalmart's Jack Shewmaker dies
Jack Shewmaker, one of Walmart’s leading figures, has passed away.