Buffett’s Walmart sell-off is bad news for retailers
20/02/2017 - 15:16
Billionaire investor Warren Buffett has dumped 90% of his Walmart shares, worth $900m.
Wal-Mart sued over questions of private label craft beer authenticity
20/02/2017 - 13:57
Wal-Mart is the target of a lawsuit that alleges the retailer’s private-label craft beer — which it has been selling since last year in about 3,000 stores, and claims to produce in collaboration with a Rochester, NY brewery — is a “wholesale fiction” and misrepresentation intended to deceive Wal-Mart customers into buying a higher-priced product they think is craft beer produced by a small U.S. brewer.
Walmart acquires Moosejaw for $51 million
16/02/2017 - 12:42
Walmart announced it has acquired online outdoor retailer Moosejaw for $51 million. Moosejaw will join the Walmart U.S. ecommerce organisation.
How being sceptical paid off for Massmart
16/01/2017 - 10:33
The company says its cautious strategy in the rest of Africa is proving to be the right approach.
Wal-Mart tries Scan and Go again to bypass checkout lines
13/01/2017 - 08:56
Wal-Mart has re-launched “Scan and Go,” a mobile application for Android devices released on Google’s Play Store, designed to help consumers avoid long lines while grocery shopping at its Rogers, AR store, according to Tech Times.