All Walmart articles – Page 36
-
AnalysisWhat Duane Reade can do for Walgreens
Walgreens is set to acquire New York-based drugstore chain Duane Reade in a $1.08bn (£662m) deal that includes the assumption of the latter’s $475m (£293m) debt.
-
News
Walmart cuts 300 head office jobs
Walmart is to cut 300 jobs at its headquarters in Arkansas as chief executive Mike Duke attempts to cut costs and make the retailer more efficient.In a memo sent to employees, Duke said managers were asked to look for opportunities to eliminate duplication and reduce costs when deciding which jobs ...
-
NewsLoblaw man Dalton Philips to succeed Marc Bolland at Morrisons
Dalton Philips, chief operating officer of Canadian grocer Loblaw, has been appointed chief executive of Morrisons.
-
NewsWalmart axes 11,200 jobs at Sam’s Club
Walmart is cutting 11,200 jobs at its Sam’s Club warehouse chain in the US.
-
AnalysisRecovering US retailers’ plan of attack
The rules of retail in the US have changed, but the impact will be felt worldwide. Joanna Perry reports from New York
-
AnalysisNRF: US retail IT leaders follow the consumer
The technology show at NRF had all the normal high-tech gadgets, but US retail’s IT leaders are increasingly focused first and foremost on the customer, finds Joanna Perry
-
OpinionNRF: New York welcomes back the big boys of retail IT
The IT bosses of three of the fourbiggest retailers in the world have been spotted at the National Retail Federation conference and show in New York this week; and that says something about the role technology will play in the industry’s recovery from recession.
-
News
Walmart to cut costs
Walmart is to launch a drive to cut billions of dollars of costs from its supply chain in 2010 by combining its store purchasing across national frontiers as it attempts to globalise its business, The Financial Times reported.The effort is part of the retailer’s plans to increase the proportion of ...
-
NewsWalmart to use supply chain to cut costs in 2010
Walmart, the world’s biggest retailer, estimates that savings of between 5-15%, or $4bn-$12bn, will be possible by globalising its purchasing.
-
NewsAsda ploughs into online greetings card market
Asda has waded into the online personalised greetings card arena in a tie-up with manufacturer Hallmark.
-
AnalysisAsda head office staff take to the shopfloor at Christmas
Like many retailers, Asda’s head office staff are sent into stores to help with the Christmas rush. Sara McCorquodale finds out what they learn.
-
NewsCanadian grocers seek to dodge Walmart bullet
As Walmart ploughs ahead with aggressive Supercenter expansion across Canada, the local players have begun to accept that aiming for price leadership is not worth the battle.
-
News
Walmart plans to open a further 40 stores in India
Walmart plans to open a further 40 stores in India, according to Indian commerce and industry minister Anand Sharma. “Walmart is very satisfied with its results in India. I was informed by the Walmart CEO that they are looking at opening more stores. He gave me a figure of 40 ...
-
AnalysisJudith McKenna could one day have the top job at Asda
In the week McKenna presented Asda’s third-quarter results, Jennifer Creevy says the sharp but likeable woman who runs Asda’s finances could one day be in the frame for the top job.
-
NewsAsda posts flat profits and is ‘sold’ in internal Walmart deal
Asda, the Walmart-owned grocery and general merchandise giant, generated profit before tax of £520.4m last year.
-
News
Walmart to focus on international growth and store revamps
Walmart has outlined its growth plans for next year, intending to focus on international growth and store revamps in its domestic market.In the US, Walmart will continue to focus on store revamps. By next month Walmart US will have completed Project Impact remodels at more than 30% of its 3,538 ...
-
News
Walmart enters into a price war with Amazon
Walmart has entered into a price war with Amazon and the nation’s book retailers, lowering prices on certain highly anticipated hardback titles to $9 (£5.49).The retailer listed prices for some upcoming hardcover releases, such as Dean Koontz’s Breathless and Stephen King’s Under the Dome at $10 (£6.10), which was answered ...
-
News
Walmex Q3 profits jump 18%
Wal-mart’s Mexican subsidiary Walmex’s third-quarter net profit jumped 18% as its low price promotions helped it weather the economic slump.The retailer said it earned MXN3.86bn (£177m) in the period, compared with MXN3.26bn (£149m) a year earlier. Total revenue for the quarter rose 12% to MXN64.59bn (£2.96bn), while EBITDA grew 17% ...
-
NewsGeorge collaboration portal cuts overseas costs
George is using an online collaboration portal to deliver “George in a box” to Wal-mart’s businesses around the world.