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OpenAI
A very brief history of very brief CEOs
...Former boss Kerry Killinger had gone big on subprime to build what he called “the Wal-Mart of banking”, and was pushed out by investors who didn’t like a rescue refinancing led by TPG Capital....
November 22, 2023
FT Magazine
How Walmart convinced critics it can sell more stuff and save the world
...Yet, as Charles Fishman wrote in The Wal-Mart Effect in 2006, Walmart derives all of its impact from us, “from our willingness to open our wallets, just a few dollars at a time . . ....
October 13, 2022
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Equities
Markets Now - Tuesday 7th April 2020
...With streets empty, Amazon, Wal-Mart and local grocers sold out of key household items, networks jammed across the globe, SMB’s shuttered, and millions working from home, forced changes will have a lasting...
April 7, 2020
FTfmDavid Stevenson
How blockchain can help disrupt the fund admin chain
...In Finance v Wal-Mart: Why are Financial Services so Expensive?, Mr Philippon crunches the numbers on costs for consumers....
February 4, 2019
Inside BusinessSujeet Indap
Unexpected victories for unorthodox shareholder activists
...First, higher wages can make employees more productive — Wal-Mart’s recent wage raises were justified on these grounds....
December 17, 2018
FT AlphavilleAlexandra Scaggs
Someone is wrong on the internet: Banks regulating guns edition
...Instead, he said the “biggest stumbling block to an approach like this” would likely be retailers like Wal-Mart....
March 2, 2018
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
FT AlphavilleDan McCrum
Beware the FARA side
...The Foreign Corrupt Practices Act was also once just an obscure statute, until companies such as Wal Mart started to face nine figure compliance costs....
January 16, 2018
Rana Foroohar
Three questions for Federal Reserve chairman Jay Powell
...Just look at how Amazon’s expansion has impacted Wal-Mart, or at the desperate mergers being attempted in the media and healthcare sectors and in other industries that are being reshaped by big tech companies...
February 25, 2018
Due Diligence
Healthcare deals off to their strongest start in more than a decade Premium content
...Tequila in $5.1bn deal (WSJ) Loeb demands ‘more urgency’ for disposals at Nestlé (FT) Richemont bids to take full control of Yoox Net-a-Porter (FT) Carlyle loses control of bankrupt US oil refinery (FT) Wal-Mart...
January 23, 2018
FT AlphavilleCardiff Garcia
Unlike manufacturing council, no member of Trump’s “Strategic and Policy Forum” has resigned over Charlottesville
...climate deal exit) Bob Iger, Chairman and CEO, The Walt Disney Company (left after Paris climate deal exit) Rich Lesser, President and CEO, Boston Consulting Group Doug McMillon, President and CEO, Wal-Mart...
August 16, 2017
FT AlphavilleRetail & Consumer industry
Whole Foods vs the activists
...Over the last two years Whole Foods’ sales figures have been languishing due to increasing competition in specialty foods from the likes of Kroger, Wal-Mart and Costco....
June 16, 2017
LexSujeet Indap
No, Amazon is not more “valuable” than Wal-Mart
...A decent amount of Wal-Mart value resides among creditors and so on an “enterprise value” basis, Wal-Mart is still king (for now)....
July 24, 2015
FT AlphavilleChris Nuttall
FT Opening Quote
...Retailers Wal-Mart, Ross Stores and Gap report quarterly earnings....
May 19, 2016
Life & Arts
Who will win the streaming wars?
...Morris feared—correctly—that an exclusive release of this type would anger powerful distributors like Amazon, Wal-Mart and Target. This wouldn’t just affect Beyoncé, but all the music on his labels....
June 12, 2015
FT AlphavilleDavid Keohane
The 6am London Cut
...(Reuters) “Wal-Mart has sued Visa for more than $5 billion, claiming the card network charged unreasonably high fees when the retailer’s customers paid with plastic.”...
March 28, 2014
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberDigital Conference
beyondbricsSamantha Pearson
Casino v Pão de Açúcar – Part II
...Now let’s suppose that in the US, the chairman of Wal-Mart could become the chairman of Procter & Gamble. That would be an obvious case of conflict of interest and there would be no denying it....
February 26, 2013
beyondbricsNeil Munshi
India’s reforms rush – will it stick?
...But the arguments over aviation pale in comparison with the passions generated by retail liberalisation as it would allow foreign food retail giants, including Wal-Mart, Carrefour or Tesco, to enter the...
September 14, 2012
The World blogWorld
Oil, toil and and a litany of trouble
...Jobs at Wal-Mart and McDonald’s pay twice the federal minimum wage. The city has revenue to burn. “How long do you think it will last?”...
October 19, 2012
beyondbricsMarkets
Meet Wan Ling Martello – Nestlé’s Mandarin speaking CFO
...She comes from a small part of Wal-Mart’s business (less than 1% of sales) and, while she held a more senior position within Wal-Mart’s International business prior to the current role, this begs the question...
September 28, 2011
FT AlphavilleNeil Hume
The Iron Lady
...the richest person in Australia, and if the iron ore price holds, the daughter of Australian mining pioneer, Lang Hancock, could soon be the world’s richest woman — a position currently occupied by the Wal-Mart...
February 1, 2012
beyondbricsAndrew England
African telecom: S Korea calling
...When Wal-Mart moved into the African market through the acquisition of Massmart, a South African, retailer, it faced stiff resistance from unions and government departments, partly because of accusations...
October 14, 2011
beyondbricsPrivate equity
Betting on Mexico’s middle class kids
...idea is Handell’s impressive distribution network in Mexico, which reaches not only the more expensive retail outlets such as department stores and luxury goods’ stores, but also the growing number of Wal-Mart...
September 7, 2011
World
India: Traditional vendors still dominate
...However, Wal-Mart, in a joint venture with Bharti, has started cash-and-carry stores – a business open to foreign investment – with other foreign players soon to follow....
April 20, 2010
Mergers & Acquisitions
Corporate succession: Warren Buffett
...Mr Buffett himself has pointed to retail giant Wal-Mart as a family business that successfully opted for professional managers after the death of Sam Walton, its founder, in 1992....
October 29, 2010
US & Canadian companies
Universal Music to cut price of compact discs
...Large retailers including Wal-Mart and Best Buy have signed on to the experiment, which will offer stores a margin of 25 per cent over the wholesale price....
March 19, 2010

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