All Walmart articles – Page 34
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NewsAndy Bond gets a Wiggle on
Former Asda CEO Andy Bond is back in the saddle as he takes a stake in fast-growing bikes etailer Wiggle
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AnalysisWalmart US backtracks as its sales figures disappoint
Walmart has reported net sales of $103bn (£66.3bn) in the second quarter, compared with $100bn (£64.37bn) in the same period last year.
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AnalysisSocial media helps retail opportunities to pop up
Kellogg’s is the latest brand to make the transition into retail with the launch of its Pop-Tarts World in New York last week. The opening of a 3,000 sq ft store selling customised toaster pastries is certainly a novelty, even by Manhattan standards.
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OpinionFocus on food will be key to Asda’s recovery
Spare a thought for Asda’s new chief executive Andy Clarke.
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AnalysisDollar General streaks ahead with 9,000th store
US-based discounter Dollar General announced the opening of its 9,000th store at the end of July, pushing it further ahead of rivals as the owner of the largest number of stores in North America. Dollar General overtook 7-Eleven’s store tally in 2003 and has not looked back since.
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AnalysisWalmart calls on India to relax retail investment
Walmart has called on the Indian government to relax Foreign Direct Investment laws that do not allow foreign investment in multi-brand retail, but do allow 51% foreign investment in single-brand retail and 100% in wholesaling. Walmart said it would open hundreds of stores in India if it were to change its laws.
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AnalysisThailand exit likely as Carrefour rationalises
Carrefour has spread itself too thin and now, faced with ongoing pressure from shareholders to improve profitability, is on a path to divest non-core markets.
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News
Merchandising chief John Fleming leaves Walmart
Walmart has revealed another key executive change in the US.Bill Simon, recently appointed as president and chief executive of Walmart US, has announced that chief merchandising officer John Fleming has made a personal decision to leave the company.As a result, Simon has asked Jack Sinclair, executive vice-president and general manager, ...
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NewsWalmart appoints new US head
Walmart has appointed Eduardo Castro-Wright to president and chief executive of Global.com and Global sourcing while Bill Simon is promoted to president and chief executive of Walmart US.
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AnalysisRising costs spell trouble for fashion
With the planned VAT increase, dollar pressure, and increases in raw materials and labour costs, how will fashion retailers cope, asks Lisa Berwin
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AnalysisWalmex to step up Central American stores growth
Scot Rank, the chief executive of Walmart’s Central American unit, Walmex, confirmed to a conference audience last week that the company has identified 300 new cities in Mexico and Central America where it could open stores, in addition to further expansion in the 348 cities in the region in which ...
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OpinionAdopting a consumer goods outlook
This reflection of FMCG brands’ best practice by major retailers can also extend to how they structure their organisations or would like to be perceived.
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AnalysisWalmart’s bid for world domination
With a renewed focus on price transparency, the US retailer plans to bring its value message to other countries. Jennifer Creevy reports from Bentonville
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NewsAsda claims Price Guarantee will be as revolutionary as Clubcard
Asda has claimed that its Price Guarantee will go down as a “moment in history” with the capability to become as important a part of its business as Clubcard is for Tesco.
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News
New Reliance team charged with doubling business in 5 years
Reliance Retail has hired an expert retail management team from Thailand and Europe to spearhead its retail business.“The company has hired a team of 35 senior executives from various retail giants like Tesco Lotus of Thailand, European retail giant Morrisons and the US retailer Walmart. It will work under Gwyn ...
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NewsMore Asda acquisitions likely, say analysts
Asda’s acquisition of Netto increases the likelihood that the Walmart-owned grocer will stage a takeover of a non-food retailer, analysts believe.
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News
Walmart to accelerate its roll-out in India
Walmart plans to accelerate its roll-out of wholesale stores in India. Walmart India chief Raj Jain said the retailer plans to open 10 to 12 wholesale centres in India over the next two to three years, bringing forward an earlier target of five years.The move comes as real estate prices ...
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NewsWalmart is world’s most valuable retail brand
Walmart tops a list of ten retailers found to be among the world’s 100 most valuable brands, according to research commissioned by WPP.
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News
D&S rolls out 600 new private-label products
Walmart’s Chilean division D&S has rolled out more than 600 new and reformulated private-label products, including the debut of Walmart’s Great Value private-label range in the country.According to D&S, the Walmart private-label range has been imported “to have a better range of products at a great price” in the food ...