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Massmart partners with Walmart’s global sourcing team to help local suppliers export to Walmart markets

Massmart partners with Walmart’s global sourcing team to help local suppliers export to Walmart markets

10/09/2019 - 09:28
Representatives from Walmart’s Global Sourcing team are in Johannesburg to meet with 18 of Massmart’s South African suppliers who are interested in exploring opportunities to export their products to Walmart markets. read more
Walmart Q2 revenue grows 1.8% year on year

Walmart Q2 revenue grows 1.8% year on year

20/08/2019 - 14:13
Total revenue of Walmart for its second quarter (Q2) of Financial Year 2020 (FY20) ending July 31 hit $130.4 billion, up 1.8 percent year on year, while the net sales of Walmart International decreased 1.1 percent year on year to $29.1 billion, the company reported.  read more
Walmart must hire someone who can stop the bleeding at its online business

Walmart must hire someone who can stop the bleeding at its online business

15/07/2019 - 09:55
Walmart has a hole to fill at its online unit, and whoever assumes the role faces a big challenge ahead. read more
Walmart aims to list minority stake in Japan unit Seiyu

Walmart aims to list minority stake in Japan unit Seiyu

01/07/2019 - 14:29
Walmart said it aims to list its Japanese supermarket unit Seiyu while keeping a majority stake in the business, amid on-and-off speculation the US retail giant was looking to exit Japan where it has struggled to grow. read more
Walmart worries that US tariffs will raise Mexican fresh produce prices

Walmart worries that US tariffs will raise Mexican fresh produce prices

10/06/2019 - 14:40
Walmart CEO Doug McMillon says the retailer is concerned that fresh produce prices would rise if tariffs are placed on imports from Mexico.  read more
Walmart sends veteran to fix struggling South Africa business

Walmart sends veteran to fix struggling South Africa business

27/05/2019 - 11:12
Massmart Holdings fell the most in three months as the troubled SA retail chain warned on profit and majority shareholder Walmart sent one its own to help stem declines.  read more
Walmart reveals plans for a new corporate campus

Walmart reveals plans for a new corporate campus

20/05/2019 - 17:04
Corporate America has been under political pressure to ramp up investments at home. read more
Massmart also sings the retailers' blues

Massmart also sings the retailers' blues

23/01/2019 - 09:49
Massmart, which is owned by US retail giant Walmart and runs the Game, Makro and Dion Wired chains, saw its share price drop 21%, to close at R90.65, after reporting flat sales for the festive season. read more
US online grocery sales to quadruple by 2023 – report

US online grocery sales to quadruple by 2023 – report

24/10/2018 - 11:05
Online grocery sales in the US have more than tripled between 2013 and 2018 and are set to quadruple between 2018 and 2023, according to a report by research agency Packaged Facts. read more
Walmart to build ‘high-tech’ distribution centre in California

Walmart to build ‘high-tech’ distribution centre in California

22/10/2018 - 10:52
Walmart has announced that it is building a new high-tech grocery distribution centre in Shafter, California to increase the efficiency of its distribution operations. read more
US retail giant Walmart bets its online sales will expand

US retail giant Walmart bets its online sales will expand

18/10/2018 - 10:42
Walmart expects some of its fastest sales growth this decade as it draws in more digital customers in its turf war against Amazon.com. read more
Walmart Canada invests $175m to modernise Canadian stores

Walmart Canada invests $175m to modernise Canadian stores

16/10/2018 - 10:05
Walmart Canada will invest $175 million to renovate and refurbish 23 stores across Canada, as the retailer seeks to improve the integration between its e-commerce business and its physical stores. read more
Massmart still failing to deliver for Walmart

Massmart still failing to deliver for Walmart

27/08/2018 - 08:33
More than seven years after the $2.5bn acquisition of Massmart by Walmart, the merger between the world’s largest company by revenue and Africa’s second-largest distributor of consumer goods is yet to set the SA retail sector alight. read more
Walmart urges suppliers to look beyond China for sources of cosmetics

Walmart urges suppliers to look beyond China for sources of cosmetics

20/08/2018 - 08:46
Walmart has asked its cosmetics suppliers to consider sourcing their goods in countries outside of China, in one of the first signs that the world’s largest retailer hopes to dilute the impact of the Trump administration’s tariffs. read more
Walmart faces $2bn lawsuit over use of food waste technology

Walmart faces $2bn lawsuit over use of food waste technology

03/08/2018 - 14:39
Walmart is facing a $2 billion lawsuit over technology that tracks the freshness of perishable produce and aims to reduce the amount of wastage in its US stores. read more
Amazon rivals Walmart and Microsoft join forces in cloud partnership

Amazon rivals Walmart and Microsoft join forces in cloud partnership

17/07/2018 - 11:05
Retail giant Walmart said it entered into a strategic partnership with Microsoft for wider use of cloud and artificial intelligence technology, in a sign of major rivals of Amazon.com coming together. read more
Walmart plans more convenience stores

Walmart plans more convenience stores

13/07/2018 - 14:07
Walmart has opened another convenience store, this time launching a Walmart Fuel Station in Plano, Texas. read more
Walmart set to take on Amazon Go

Walmart set to take on Amazon Go

20/06/2018 - 14:29
Walmart has a new Sam’s Club concept store in the works, and it could give Amazon’s cashierless convenience stores a run for their money. read more
Walmart said to be close to $12bn deal with Naspers-backed Flipkart

Walmart said to be close to $12bn deal with Naspers-backed Flipkart

23/04/2018 - 09:24
Walmart is close to finalising a deal to buy a majority stake in Flipkart, India’s leading e-commerce company, for at least $12bn — and could complete the agreement in the next two weeks, according to people familiar with the matter.  read more
Walmart unveils new online look

Walmart unveils new online look

20/04/2018 - 14:31
Walmart.com has just offered a sneak peek at its new online shopping site, which will offer a cleaner and more modern digital experience. The actual site will go live to customers in early May. read more
Walmart in major expansion of grocery delivery

Walmart in major expansion of grocery delivery

13/04/2018 - 08:49
Walmart has brought in a new partner to help it expand its delivery of online grocery orders. read more
Walmart going global with money transfer service

Walmart going global with money transfer service

04/04/2018 - 08:45
Walmart is expanding Walmart2Walmart, a program it launched four years ago that targets unbanked consumers, allowing them to transfer money between Walmart U.S. stores. read more
Walmart unveils e-commerce brand for bedroom

Walmart unveils e-commerce brand for bedroom

07/03/2018 - 11:49
Walmart has invested in a digital-only bedding and mattress brand and just unveiled Allswell, a design-centric home line.  read more
Walmart closes the online grocery price gap with Amazon

Walmart closes the online grocery price gap with Amazon

06/03/2018 - 12:26
Never count Walmart out on pricing. Traditional supermarket chains have found that out the hard way through the years, and now it appears that Amazon might be learning the same lesson. read more
Walmart profit drops, online sales slow in key holiday quarter

Walmart profit drops, online sales slow in key holiday quarter

20/02/2018 - 15:58
Retail behemoth Walmart Inc reported a lower-than-expected quarterly profit and posted a sharp drop in online sales growth during the critical holiday period, sending its shares slumping more than 6 percent in premarket trade. read more
Walmart seeks to sell more expensive goods online

Walmart seeks to sell more expensive goods online

13/02/2018 - 16:30
Walmart has asked its vendors to supply it with more grocery and general merchandise items with a price tag of at least $10 in an effort to make its online merchandising efforts more profitable and better compete against Amazon.com, according to a report. read more
Walmart in alliance for grocery delivery in Japan

Walmart in alliance for grocery delivery in Japan

31/01/2018 - 09:50
Walmart is teaming up with the largest e-commerce company in Japan in a deal that will strengthen its efforts to compete with Amazon both in Asia and the United States. read more
Walmart changes its name

Walmart changes its name

11/12/2017 - 10:16
Walmart is ending a 48-year habit by removing word “stores” out of its legal name. read more
Walmart steadily closing in on Amazon in online price war

Walmart steadily closing in on Amazon in online price war

28/11/2017 - 15:48
Walmart Stores is within striking distance of matching Amazon.com’s online prices for the first time, a key milestone in its effort to regain the "low price leader" title. read more
Amazon captures 55% of Black Friday transactions among top online retailers

Amazon captures 55% of Black Friday transactions among top online retailers

28/11/2017 - 09:40
Amazon also accounted for 45% of online purchases on Thanksgiving Day among top 50 e-retailers, Hitwise says. But other data points to strong showings by Walmart, eBay, Kohl’s and Old Navy. read more
Walmart online growth leaps 50%, lifts annual profit guidance

Walmart online growth leaps 50%, lifts annual profit guidance

17/11/2017 - 13:42
Walmart is on a roll as it continues to reap the benefits of its e-Commerce push, seeing 50% online sales growth in Q3. The total remains well ahead of Walmart’s 40% e-Commerce growth projections for 2018.  read more
Wal-Mart partners with Lord & Taylor

Wal-Mart partners with Lord & Taylor

14/11/2017 - 14:28
Wal-Mart Stores Inc (WMT.N) said on Monday it will offer Hudson’s Bay Co- (HBC.TO) owned department store chain Lord & Taylor dedicated space on its website, as it looks to make deeper inroads into the fast-growing online fashion business. read more
Walmart’s holiday strategy includes a first: in-store parties

Walmart’s holiday strategy includes a first: in-store parties

07/11/2017 - 09:51
As Walmart gears up for the holidays, it is stepping up its customer experience — online and in store. read more
Walmart launches new supermarket concept in Brazil

Walmart launches new supermarket concept in Brazil

30/10/2017 - 10:31
Walmart Brasil has launched a new supermarket concept, Walmart Supermercado, as part of its retail transformation project. read more
Target aims to pack big holiday punch by keeping it simpler

Target aims to pack big holiday punch by keeping it simpler

26/10/2017 - 10:02
Target Corp. is looking to take on rivals Walmart and Amazon this holiday season with a simplified strategy that emphasizes private brands, in-store fun and shopping convenience over a plethora of confusing promotions. read more
Walmart ups same-day delivery capabilities with Big Apple acquisition

Walmart ups same-day delivery capabilities with Big Apple acquisition

09/10/2017 - 10:54
Walmart is determined not to be bested by Amazon when it comes to same-day delivery. read more
Wal-Mart buys delivery logistics startup Parcel

Wal-Mart buys delivery logistics startup Parcel

04/10/2017 - 14:47
Wal-Mart Stores Inc has acquired Parcel Inc, a New York-based last-mile delivery startup, as the retailer seeks to better compete with e-commerce giant Amazon.com Inc. read more
Jet.com set to launch its own grocery line

Jet.com set to launch its own grocery line

02/10/2017 - 14:47
Jet.com will soon launch its own private label line of groceries, according to numerous sources. The brand, Uniquely J, will initially release around 60 products, including consumables like coffee, laundry detergent, olive oil and paper towels. read more
Walmart aims for greener products

Walmart aims for greener products

29/09/2017 - 09:15
Walmart is expanding its programme to clean up the products it sells, setting a 2022 target for reducing potentially harmful substances and widening the list of chemicals it wants to avoid. read more
Nestlé, Dole and Walmart fight food contamination using blockchain

Nestlé, Dole and Walmart fight food contamination using blockchain

04/09/2017 - 08:38
A number of leading food companies have announced a partnership with IBM to use blockchain collaboration technology to prevent food contamination in the supply chain. read more
Massmart not a priority as Walmart focuses on global issues

Massmart not a priority as Walmart focuses on global issues

28/08/2017 - 14:18
When Walmart first caught Massmart in its net it was with the intention of chasing new business throughout Africa, but six years on the US retail giant has bigger fish to fry.  read more
Wal-Mart, Google partner on voice-based shopping to catch Amazon

Wal-Mart, Google partner on voice-based shopping to catch Amazon

23/08/2017 - 10:47
Wal-Mart Stores Inc. is teaming up with Google to let shoppers order by voice, the latest example of the world’s largest retailer finding a technology partner to catch e-commerce leader Amazon.com Inc. read more
Walmart’s grocery and e-commerce units surge as battle with Amazon intensifies

Walmart’s grocery and e-commerce units surge as battle with Amazon intensifies

21/08/2017 - 12:58
Ahead of a battle the Amazon-Whole Foods grocery alliance, Walmart is growing its digital operation and its grocery division is as strong as its been in years. read more
Walmart speeds up the task of reordering frequent purchases

Walmart speeds up the task of reordering frequent purchases

28/07/2017 - 09:38
Walmart has found a way to make the digital shopping experience even faster. read more
Walmart tests grocery ATM

Walmart tests grocery ATM

09/06/2017 - 13:00
Walmart is testing a new way to appease online grocery shoppers that prefer self-service. The retail giant has rolled out an automated kiosk in Oklahoma City that allows shoppers to pick up groceries any day or time. read more
Analysis: Walmart is winning market share across many categories

Analysis: Walmart is winning market share across many categories

30/05/2017 - 13:16
Although Walmart is an old-school retailer, it is not afraid to learn new tricks and to shift its thinking. This youthful and innovative approach has helped it deliver another solid set of results in a highly competitive market. read more
Walmart making big investment in Florida

Walmart making big investment in Florida

24/05/2017 - 11:00
Walmart is expanding—and updating—its footprint in the Sunshine State. read more
Walmart sees strong growth in U.S. eCommerce

Walmart sees strong growth in U.S. eCommerce

22/05/2017 - 14:21
As its Jet.com acquisition continues to pay out, Walmart is seeing hyper growth in eCommerce, with U.S. online sales up 63% in the first quarter. On the physical side of things, Walmart’s store traffic and same-store sales were both up in an extremely challenging retail environment, rising 1.5% and 1.4% respectively. read more
Wal-Mart earnings dip but sales rise at its US stores

Wal-Mart earnings dip but sales rise at its US stores

19/05/2017 - 15:42
New York — Wal-Mart Stores scored another increase in sales at its US Walmart stores according to first-quarter results released on Thursday, but earnings dipped on higher expenses. read more
Wal-Mart experiments with tech-enhanced 'Next-Gen' stores

Wal-Mart experiments with tech-enhanced 'Next-Gen' stores

19/05/2017 - 10:21
Wal-Mart Stores Inc. last week said it’s “testing new approaches in two recently opened supercenters" in Tomball, TX, and Lake Nona, FL featuring new layouts and technology to improve the shopping experience.  read more
Walmart pushing hard to catch Amazon in e-commerce

Walmart pushing hard to catch Amazon in e-commerce

15/05/2017 - 09:03
Walmart Stores, the £800 gorilla of retail, is running hard to catch up in an increasingly crucial segment where it is neither the biggest nor the best: eCommerce. read more
Consumers still like shopping in stores — when the experience is right

Consumers still like shopping in stores — when the experience is right

10/05/2017 - 16:51
Even in a digital age, consumers still enjoy shopping in stores — if the shopping experience meets their expectations. One of the biggest turnoffs: long lines. read more
Walmart offers discount for store pickup

Walmart offers discount for store pickup

26/04/2017 - 10:21
In a move designed to save on shipping costs while offering flexibility to customers, Walmart will begin offering discounts when shoppers opt to pick up an online order in store. read more
Wal-Mart launches ambitious project to cut emissions from supply chain

Wal-Mart launches ambitious project to cut emissions from supply chain

24/04/2017 - 09:31
Wal-Mart Stores Inc. recently announced a strategy, dubbed Project Gigaton​ to reduce greenhouse gas emissions resulting from their operations and supply chains. read more
Walmart in talks to purchase another online fashion retailer

Walmart in talks to purchase another online fashion retailer

18/04/2017 - 10:41
Walmart reportedly is about to make its fourth e-commerce acquisition in seven months as the chain continues to beef up its online arsenal and fashion offerings against Amazon.  read more
Walmart launches tech incubator dubbed Store No. 8

Walmart launches tech incubator dubbed Store No. 8

22/03/2017 - 15:05
Retailers have been advised to act like a startup and now the largest retailer in the world is going above and beyond. Walmart has created an incubator to internally nurture startup businesses called Store No. 8. read more
Wal-Mart testing in-store touchscreens in challenge to Amazon

Wal-Mart testing in-store touchscreens in challenge to Amazon

10/03/2017 - 09:46
Wal-Mart Stores Inc. is testing a touchscreen monitor at some Texas stores that helps toy shoppers identify what they might want or order a specific item they can’t locate on shelves, TheStreet reports. read more
Best Buy grew web sales faster than Amazon and Wal-Mart last year

Best Buy grew web sales faster than Amazon and Wal-Mart last year

08/03/2017 - 16:02
Best Buy’s 2016 online sales totalled $4.85 billion, up nearly 21%. read more
Jet boosts assortment with Wal-Mart brands

Jet boosts assortment with Wal-Mart brands

02/03/2017 - 09:19
E-commerce startup Jet, now owned by Wal-Mart, is bringing in a slew of Wal-Mart brands, including “Great Value,” “Equate” and “Sam’s Choice,” to bolster its relatively thin assortment, Bloomberg reports. read more
Walmart making great strides in eCommerce

Walmart making great strides in eCommerce

27/02/2017 - 16:41
Walmart is seeing payoff from its significant investments in eCommerce, growing online sales 29% in the fourth quarter while gross merchandise value (GMV) increased 36.1%, including its Jet.com and grocery businesses. read more
Buffett’s Walmart sell-off is bad news for retailers

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. read more
Wal-Mart sued over questions of private label craft beer authenticity

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. read more
 Walmart acquires Moosejaw for $51 million

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. read more
Wal-Mart tries Scan and Go again to bypass checkout lines

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. read more
Walmart purchases ShoeBuy for $70 million

Walmart purchases ShoeBuy for $70 million

09/01/2017 - 10:31
Walmart has purchased the online footwear retailer ShoeBuy for approximately $70 million, in a move aimed at helping its subsidiary Jet.com offer shoppers a larger selection of shoes and sneakers. Walmart, under enormous competitive pressure from e-Commerce titan Amazon, has been moving aggressively over the last few months to expand its digital reach. read more
Walmart settles same-sex spouse benefits discrimination suit

Walmart settles same-sex spouse benefits discrimination suit

09/12/2016 - 11:50
Walmart has agreement to a settlement in a lawsuit that accused the retailer of discrimination against gay employees who were unable to get healthcare coverage for their same-sex spouses.  read more
Walmart's plan for worldwide e-commerce domination

Walmart's plan for worldwide e-commerce domination

25/11/2016 - 13:34
To compete in the ongoing online retailing arms race, Walmart is bringing its sizable resources to bear to capture not only the U.S., but the global e-commerce market. CEO Doug McMillon recently laid out four key priorities for the retailer as it looks to not only continue to dominate the physical retail space but make significant inroads in e-commerce: make every day easier for busy families, operate with discipline, be the most trusted retailer, and deliver results and position the company to win. read more
Walmart moves full steam ahead in ecommerce

Walmart moves full steam ahead in ecommerce

18/11/2016 - 10:00
Perhaps seeing an afterburner kick in from the summer’s Jet.com acquisition, Walmart reported a healthy 21% jump in its ecommerce sales for the third quarter. read more
Walmart to run on 50% clean energy by 2025

Walmart to run on 50% clean energy by 2025

08/11/2016 - 11:06
Already focused on burnishing its public image via better treatment of employees, Walmart is now moving to sustainability and local product sourcing as its next positive courses of action. The retailer laid out an environmental roadmap in which the company would get 50% of its energy from clean and renewable sources by 2025. read more
Walmart’s new sustainability roadmap includes focus on renewable energy

Walmart’s new sustainability roadmap includes focus on renewable energy

07/11/2016 - 09:32
Walmart is setting some lofty goals for itself on such critical issues as sustainability and job creation.  read more
Wal-Mart e-commerce execs exit in wake of Jet merger

Wal-Mart e-commerce execs exit in wake of Jet merger

03/11/2016 - 11:49
Wal-Mart’s $3.3 billion purchase of e-commerce upstart Jet has led to a shakeup of the retail giant's digital operations, with several Wal-Mart executives leaving to make way for Jet personnel, The Wall Street Journal reports. read more
Walmart and Kroger in dead heat

Walmart and Kroger in dead heat

03/11/2016 - 08:49
Two of the nation’s largest retailers shared the No. 1 position in a ranking of the top U.S. retailers. read more
Walmart doubles down on digital, pumps up global investments

Walmart doubles down on digital, pumps up global investments

14/10/2016 - 09:46
Two months after acquiring Jet.com for $3.3 billion, Walmart is once again taking steps to narrow its e-Commerce gap with Amazon, and to take the fight global. read more
Walmart to slow new store growth, invest in remodels and online

Walmart to slow new store growth, invest in remodels and online

10/10/2016 - 16:22
Walmart gave a lackluster profit outlook for next year, and said it will slow new store openings as it invests in remodels and digital initiatives. read more
Report: Sears to shut more Kmart stores in 13 states

Report: Sears to shut more Kmart stores in 13 states

20/09/2016 - 09:03
Sears Holding Corp. plans to shutter additional Kmart stores in at least 13 states by mid-December, Business Insider reports, using information from store employees and financial filings. read more
Report: Amazon handily trumps Jet on price, assortment

Report: Amazon handily trumps Jet on price, assortment

12/09/2016 - 14:09
E-commerce upstart Jet, recently acquired by Wal-Mart Stores Inc. for $3.3 billion, failed to beat Amazon on price on 44% of 331 best-selling items, undercutting its rival just 16% of the time, according to a study conducted by Boomerang Commerce for Business Insider.  read more
Is Walmart poised to triumph in e-commerce?

Is Walmart poised to triumph in e-commerce?

29/08/2016 - 10:22
After several quarters of disappointing online sales, Wal-Mart Stores, Inc.'s e-commerce sales increased 11.8% in its second quarter 2017 with U.S. e-commerce results stronger than key international markets for the retailer. While one quarter of sales acceleration doesn't spell success, Walmart has been making huge moves to grow its online sales. read more
Wal-Mart records biggest same-store sales increase in four years

Wal-Mart records biggest same-store sales increase in four years

23/08/2016 - 09:03
Wal-Mart Stores Inc. reported Q2 earnings of $3.77 billion, up from $3.48 billion a year earlier, while total revenue rose 0.5% to $120.85 billion. The company raised its guidance, which boosted shares 4% in pre-market trading. read more
Wal-Mart buys Jet for record-breaking $3b

Wal-Mart buys Jet for record-breaking $3b

08/08/2016 - 15:19
After days of speculation, Wal-Mart Stores officially announced its acquisition of online retailer Jet on Monday morning, completing the biggest deal in U.S. e-commerce startup history. read more
Stores accepting food stamps — including Wal-Mart — face stricter rules

Stores accepting food stamps — including Wal-Mart — face stricter rules

01/07/2016 - 16:32
U.S. regulators are pushing stricter rules for stores that accept food stamps, ultimately determining which retailers win and lose the billions of taxpayer dollars at stake. read more
Walmart casts wide net for American-made products to sell

Walmart casts wide net for American-made products to sell

01/07/2016 - 09:23
For the third year in a row, Walmart hosted more than 450 entrepreneurs during the company’s “Made in the USA” Open Call event held Tuesday, June 28 at its corporate headquarters in Bentonville, Arkansas. The event, part of Walmart’s fourth annual U.S. Manufacturing Summit, is designed to find products made, assembled or grown in the U.S. read more
Wal-Mart’s U.K., China and Canada units all getting new CEOs

Wal-Mart’s U.K., China and Canada units all getting new CEOs

27/06/2016 - 09:01
Wal-Mart Stores is undertaking a series of executive changes at its international divisions, starting with a new head for its struggling United Kingdom business, Asda. read more
US retail sales beat expectations - USA

US retail sales beat expectations - USA

15/06/2016 - 11:05
Washington - US retail sales rose more than expected in May as Americans bought automobiles and a range of other goods, suggesting economic growth was gaining steam despite a sharp slowdown in job creation. read more
Wal-Mart’s U.K., China and Canada units all getting new CEOs - USA

Wal-Mart’s U.K., China and Canada units all getting new CEOs - USA

14/06/2016 - 15:51
Wal-Mart Stores is undertaking a series of executive changes at its international divisions, starting with a new head for its struggling United Kingdom business, Asda. read more
Walmart to test grocery delivery through Uber - USA

Walmart to test grocery delivery through Uber - USA

08/06/2016 - 11:27
New York - Walmart will begin testing the delivery of groceries using Uber and Lyft drivers, aiming to match the convenience of services offered by Amazon.com and other e-commerce companies. read more
Walmart sues Visa over chip cards in US

Walmart sues Visa over chip cards in US

12/05/2016 - 14:37
New York - US retail giant Walmart is suing Visa to give customers using chip-enabled debit cards in its US stores the right to punch in a PIN code. read more
Walmart gets serious about online marketplace - USA

Walmart gets serious about online marketplace - USA

14/04/2016 - 10:39
Walmart has embraced the marketplace model as means to expand its online assortment and gain ground on Amazon where third party sellers already account for half of the company’s unit volume. read more
Walmart introduces hybrid loyalty program - USA

Walmart introduces hybrid loyalty program - USA

01/04/2016 - 08:37
Walmart and its financial services partners have added a loyalty component to credit, debit, and prepaid card offerings that provide an extra incentive to make online purchase. read more
Sainsbury joins listed supermarket rivals - UK

Sainsbury joins listed supermarket rivals - UK

16/03/2016 - 15:11
London - Sainsbury’s surprise increase in fourth-quarter sales means all of Britain’s big listed supermarkets are back in growth. read more
Former Walmart exec to be new CEO at Mills Fleet Farm - USA

Former Walmart exec to be new CEO at Mills Fleet Farm - USA

02/03/2016 - 09:24
The former chief merchandising and marketing officer at Walmart has joined a Midwestern chain of farm and home stores as its new CEO. read more
Walmart cuts growth forecast as currency hampers sales - USA

Walmart cuts growth forecast as currency hampers sales - USA

19/02/2016 - 13:29
New York - Walmart Stores, the world’s largest retailer, lowered its annual sales forecast after the strong dollar pulled down the value of overseas revenue.  read more
Sainsbury's eyes Home Retail - UK

Sainsbury's eyes Home Retail - UK

14/01/2016 - 08:42
London - Sainsbury's, Britain's second-biggest supermarket, said on Wednesday (13 Jan) a takeover of Home Retail was strategically compelling but insisted it would not overpay for the owner of the Argos household goods and Homebase do-it-yourself chains. read more
Walmart’s Asda unveils more price cuts - UK

Walmart’s Asda unveils more price cuts - UK

12/01/2016 - 09:29
London - Walmart Stores Asda has pledged to invest an additional £500m in cutting prices, creating further upheaval for the UK’s largest supermarket chains. read more
Walmart outlines three year growth plan - USA

Walmart outlines three year growth plan - USA

15/10/2015 - 08:23
The world’s largest retailer plans to grow sales by $45 billion to $60 billion in the next three years and spend $20 billion buying back its own shares. read more
Walmart cuts 450 jobs at headquarters - USA

Walmart cuts 450 jobs at headquarters - USA

05/10/2015 - 08:52
The importance of expense control at Walmart became evident on Friday when the retailer confirmed it planned to eliminate 450 positions as part of a broader restructuring effort. read more
Walmart expands e-commerce capacity - USA

Walmart expands e-commerce capacity - USA

17/08/2015 - 08:59
Indiana - Walmart had added to its online fulfilment capabilities. read more
Patel gives go-ahead for probe of fairness in retail sector

Patel gives go-ahead for probe of fairness in retail sector

14/05/2015 - 10:12
The Competition Commission is taking aim at the retail sector to see if it enjoys sufficient competition after the authorisation by Economic Development Minister Ebrahim Patel of a market inquiry. read more
Sainsbury's sales dip for fifth straight quarter - UK

Sainsbury's sales dip for fifth straight quarter - UK

18/03/2015 - 10:19
London - British supermarket Sainsbury's posted a fifth straight quarter of declining underlying sales and said it did not expect the trading environment to improve any time soon. read more
Walmart launches ‘Women Owned’ logo in stores and online - USA

Walmart launches ‘Women Owned’ logo in stores and online - USA

12/03/2015 - 09:52
Arkansas - Shoppers interested in purchasing products from women-owned companies will find it easier to do so at Walmart with the introduction of a new logo and related promotional effort. read more
Walmart joins growing US march on wage hikes - USA

Walmart joins growing US march on wage hikes - USA

02/03/2015 - 12:41
New York - Walmart, the largest retailer in the United States, is increasing wages, and economists are hoping to see a chain reaction. read more