Hints and tips:
...By the time Sam Walton opened his first Wal-mart in Rogers, Arkansas, in 1962, his playbook to build a global retail giant was already drafted....
...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 . . ....
...The arts desk of FT Weekend is normally a happy little place. We are chatty. We are pally. We make each other cups of tea, laugh at each other’s bad puns....
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...Passing the needs test would have allowed E-Mart to run its own stores in Vietnam, but the test is “totally opaque”, Burke said....
...But sales of the Ariens Ikon XD, featuring 20-inch tyres, a V-twin Kawasaki engine and ergonomic plush seat, have surged in the US during the pandemic....
...For that, we need to chew a little at the scenery....
...And we wind up opening this bank account, get a little $2,500 lot of credit line. And the day I signed the lease to my store, I had $40 to my name....
...Walmex, which this month released moderate sales growth in August with same-store sales up 5.9 per cent, but below the market consensus of 6.8 per cent, has nearly 2,400 stores in Mexico....
...But she also adds that trying to become internet savvy after years of running a traditional bricks-and-mortar store is little more than wishful thinking....
...When Woolworth was expelled in 1997, shortly after the closure of all the famous stores bearing its name in the US, it was replaced by Wal-Mart....
...VinMart stores, for example, might make use of “smart cameras” to track how much time customers stay in a given section of the store....
...Starting in February 2018, the company will shorten its name from “Wal-mart Stores, Inc.” to “Walmart Inc.”....
...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....
...Alice Walton was the highest placed woman, with a net worth of $38.2bn, ranking the heir to the Wal-Mart Stores fortune at 13 – the same position as last year....
...A 34oz bottle of P&G’s Pantene Pro-V Shampoo & Conditioner was listed by 10 different sellers — nine of them third parties — on the shopping site....
...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...
...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....
...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...
...the company this year has made several key investments, including forming a partnership with China’s JD.com, acquiring marketplace startup Jet.com and rolling out a mobile payments system across its US stores...
...The Dow Jones Industrial Average is little changed for 2015. But that obscures a sharp divergence between many blue-chip companies....
...Walt Piecyk, analyst at BTIG Research, predicts little immediate risk to Apple’s brand or iPhone sales....
...Mr Clarke had previously hoped that a 4.7 per cent decline in sales during the second quarter of 2015 would mark a “nadir” for the company, which is owned by US retail giant Wal-Mart....
...Also: AR v VR Do you like your reality augmented or completely virtual? Augmented reality has seen little progress with no sign yet of Google bringing out the next generation of Google Glass....
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