Hints and tips:
...Walmex fourth-quarter profit jumps 26% Wal-Mart de Mexico, Mexico’s largest retailer, reported a 26 per cent leap in fourth-quarter profits as improving consumer confidence and aggressive store expansion...
...Wal-Mart may open India retail stores Wal-Mart and Carrefour may gain access to the retail market of the world’s second most-populous country after an Indian government panel was said to have recommended...
...Wal-Mart’s shares are up over 18 months while the best-performing S&P 500 stock over the past year is cut-price Family Dollar Stores....
...If Nakumatt’s strategy mirrors that of any of its US peers, says Mr Ramamurthy, it is not Wal-Mart’s emphasis on offering the lowest prices to cash-strapped consumers, though some customers from slum areas...
...Li & Fung, a big supplier to Wal-Mart stores in the US, jumped by 6.5 per cent to HK$28.00. Commodity prices lifted Australian shares. The S&P/ASX 200 gained 1.3 per cent to 5,608.10....
...Li & Fung, a big supplier to Wal-Mart stores in the US, fell by 7.2 per cent to HK$27. Singapore shares also suffered, ending a shortened trading session 3.5 per cent lower at 2,932.05....
...HSBC, which makes around one third of its profits in North America, rose 1.7 per cent to HK$116.50 while Li & Fung, a big supplier to Wal-Mart Stores, added 1.8 per cent to HK$27.60....
...Liquid detergent concentration has been broadly supported by P&G and Unilever, which see long-term savings and other benefits for themselves despite the short-term costs of retooling their factories....
...“Wal-Mart’s an important customer,” he said, adding that retailers and suppliers need one another and should work together. “Our customers and their shoppers are the same people.”...
...Tesco recently lost out to two local South Korean retailers in the auction for both Wal-Mart’s and Carrefour’s stores....
...THE WAL-MART EFFECT: How an Out-of-Town Superstore Became a Superpower by Charles Fishman Allen Lane ₤12.99, 304 pages A brave attempt to provide a balanced account of the retail giant....
...The UK’s second-largest supermarket group, owned by US retailing group Wal-Mart, has a strong general merchandise business, including the George fashion brand, but cannot give it more room in existing stores...
...Shares in Wal-Mart, the world’s largest retailer, climbed 58 cents, or 0.2 per cent to $51.61. It posted unexpectedly strong numbers for February, with same-store sales rising 4 per cent....
...Dealers said the speculation was prompted by a dinner Wal-Mart had with Merrill Lynch earlier this week in London, when the US retailer outlined plans to open up to 300 non-food stores in the UK....
...L is for long-term. The long-running campaign for Meat and Livestock Australia by agency BMF recognised core customers were older Australians, but also targeted older parents with children at home....
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