All Walmart articles – Page 26
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NewsThorntons inks deal to supply Massmart in South Africa
Thorntons has begun supplying products to Massmart, the Walmart-owned South African retailer.
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OpinionComment: A true brand is more than a fascia
Many aspire to be a truly successful brand but very few succeed.
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AnalysisInternational analysis: Auchan signs franchise deal to power growth in India
French grocer Auchan has signed a franchise agreement with Landmark Group (India)-owned Max Hypermarkets to develop hypermarkets in India.
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News
Massmart reports group sales growth
Walmart-controlled Massmart reported 15.6% growth in group sales to ZAR61.2bn (£4.61bn) for the year ended June 24.Operating profit increased 21% to ZAR2.1bn (£158m), or 3.7% when costs related to the Walmart transaction were taken into consideration. Sales in foreign markets represented 7.8% of total sales.Sales at Massdiscounters, comprising Game and ...
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AnalysisAnalysis: Why have so few retailers entered Brazil?
As the countdown to the Rio Olympics begins, Rebecca Thomson looks at the country’s retail industry and asks why few UK retailers have ventured into one of the world’s largest economies.
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News
Walmex to face fresh investigation by US Congress
Walmart’s Mexican subsidiary Walmex is facing fresh investigation by the US Congress, which says it has documents suggesting that the retailer may have engaged in tax evasion and money laundering.This follows probes over allegations that the retailer bribed local Mexican officials to open stores more quickly.Congressmen Elijah Cummings and Henry ...
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AnalysisInternational analysis: Walmart slows expansion in some overseas territories
Last week Walmart reported a strong set of results for its second quarter ended July 31.
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AnalysisAnalysis: Asda takes on Tesco in battle for spend
Asda’s chief executive is getting ready to fight off a revived Tesco.
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NewsAsda posts 0.7% increase in like-for-likes
Asda revealed like-for-likes, excluding fuel and VAT, edged up 0.7% as it increased market share in its second quarter to June 30.
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AnalysisInternational analysis: Franchise deals make sense as Carrefour refocuses
This week, French retailer Carrefour was authorised by the Greek Competition Commission to sell its joint venture stake to partner Marinopoulos.
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AnalysisAnalysis: Will Amazon really overtake Walmart?
It has certainly been a good decade for Amazon. But will it really become big enough to topple Walmart from its spot as the world’s biggest retailer by 2020, as former Asda chief executive Andy Bond claimed today?
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OpinionComment: Amazon or Walmart - a straightforward choice?
Amazon and Walmart may be head to head in the future, but which is better?
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NewsAndy Bond claims big four grocers have lost appeal
Wiggle chairman and former Asda boss Andy Bond has said the big four grocers “aren’t providing the appeal they once did” for shoppers as they lose market share to the discounters.
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News
Walmart launches classroom supply lists online
Walmart has launched an online compilation of classroom supply lists for schools across the entire country.Classrooms by Walmart, introduced by the company’s @WalmartLabs division, enables parents to find their children’s classroom supply lists and purchase the items via Walmart.com or at their local Walmart store.According to Walmart, it is the ...
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AnalysisRetail Week on the Road: North East and Yorkshire
We visit Stockton-on-Tees, Middlesbrough, Doncaster, Harrogate and Leeds.
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OpinionA good merger’s like a good marriage
Transatlantic miles of column inches have been inspired by the recently announced merger of Alliance Boots and Walgreens.
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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