All Walmart articles – Page 31
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News
Indian government panel recommends easing restrictions
An Indian government panel is said to have recommended easing restrictions on Foreign Direct Investment in Indian retail, which could allow international companies to own as much as 51% of multichannel retailers if they invest a minimum of $100m (£61.3m). This would allow retailers such as Walmart and Carrefour access ...
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News
Walmart considers entering Nepal
Walmart is considering entering Nepal through a partnership with a Nepali department store operator. Walmart India executive RP Singh expressed interest in expanding into Nepal at a meeting with officials. She also discussed the legal issues of expanding into the country. “On behalf of Walmart, Singh showed keen interest to ...
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News
Walmart to launch new store format
Walmart is to launch a new store format called Urban 90 in east Toronto in January 2012. Walmart Canada’s president and chief executive David Cheesewright said the initial urban store would be on a 4.5 acre site, roughly half the size of a typical Walmart site. Walmart also announced it ...
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News
Massmart to focus on integration with Walmart
Massmart has said that it is focused on integration with Walmart now that the deal has been approved, particularly in terms of governance, procurement processes and sharing best practice. Massmart chief executive Grant Pattison said the company is first and foremost putting in place measures to implement the conditions the ...
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News
Walmart to partner with "kirana"
Walmart has indicated its willingness to partner with ‘kirana’ or traditional mom and pop stores in India
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News
US Supreme Court throws out major suit
The US Supreme Court has thrown out a major employment discrimination class-action suit against Walmart that sought billions of dollars on behalf of about 1.5 million female workers. It signalled it wanted job bias disputes handled in the workplace and not the courts. The court did not decide whether Walmart ...
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AnalysisExpress format could be challenging for Walmart
The world’s largest retailer embarked on its small-store strategy in the US last week by opening its first Walmart Express in Gentry, Arkansas.
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AnalysisWalmart China takes a hit as two top executives quit
Walmart has said that two senior executives at its Chinese operation, chief financial officer Roland Lawrence and chief operating officer Rob Cissell - formerly of B&Q and Robert Dyas - have resigned.
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NewsWalmart gets green light for Massmart buy
Walmart has been given the green light for its proposed $2.4bn merger with South African retailer Massmart, subject to certain conditions.
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NewsGeorge at Asda turns 21 and sparks new plans
George at Asda managing director Andrew Moore has set out three key planks for growth as the brand celebrates its 21st birthday this week.
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NewsWalmart China suffers double departure
Walmart’s China business has been hit by the sudden resignation of two senior executives.
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NewsWalmart to set up London team to look at acquisitions
US giant Walmart is to set up a London team to launch into Europe.
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AnalysisWalmart acquires stake in Chinese online grocer
As part of its commitment to grow online sales globally, Walmart has reached an agreement to acquire a minority stake in Yihaodian, an online supermarket in China.
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Opinion
Bricks and brands
My last article focused on the transience of retail brands versus the resilience of those in consumer goods (adieu Ratners; re-bonjour Perrier).
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NewsPeacocks calls on Leighton
Former Asda chief executive Allan Leighton in frame to become chairman of value fashion group.
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OpinionThink local, act global
Even for UK-focused retailers, events thousands of miles away have an impact, says David Wild
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News
Walmart chief for the US William Simon confident of reversing the fortunes of the retailer
Walmart chief for the US William Simon said he was confident of reversing the fortunes of the retailer after seven consecutive quarters of domestic sales declines at stores open at least a year.Part of his strategy includes returning to the Everyday Low Prices formula, after it veered to discounting. He ...
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OpinionPick n Pay launches Smart Shopper loyalty scheme
South Africa’s second largest grocery retailer Pick n Pay has launched the country’s largest and most extensive loyalty programme, named Smart Shopper.
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AnalysisWalmart sets its sights on small format expansion
Speaking at an investor conference last week, Walmart US chief executive Bill Simon outlined plans for a much larger foray into small-format retailing than many industry observers had anticipated.
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AnalysisWalmart sets its sights on small-format expansion
Speaking at an investor conference last week, Walmart US chief executive Bill Simon outlined plans for a much larger foray into small-format retailing than many industry observers had anticipated.