Hints and tips:
...“Flogging DVDs in Bentonville [where Wal-Mart is headquartered] is not particularly sexy, but it’s what MGM was good at,” says one person who was close to the situation at the time....
...pair of jeans and a T-shirt made by Fast Retailing for Y1,500 and dine on a boxed lunch complete with a canned lemon cocktail for a mere Y386, courtesy of Seiyu, the supermarket chain that is owned by Wal-Mart...
...Wal-Mart, the largest US retailer, no longer reports same store sales on a monthly basis....
...Mr Duke said last week that Wal-Mart research showed concern over jobs was the top concern of the primarily lower-income shoppers at the company’s 4,000-plus US stores....
...Target, the discount retailer, has started offering coupons on its own-label grocery items and on online purchases, while Wal-Mart, the largest US retailer, recently introduced digital coupon offers for...
...In corporate news, Wal-Mart, the world’s largest retailer, said it would create more than 22,000 jobs this year in new or expanded US stores. Wal-Mart shares were flat at $50.87....
...In corporate news, Wal-Mart, the world’s largest retailer, said it would create more than 22,000 jobs this year in new or expanded US stores. Its shares were up 2.7 per cent for the week at $51.07....
...Tom Schoewe (left), chief financial officer at Wal-Mart, the world’s biggest retailer, says US food prices are either not rising as fast as before or are indeed falling....
...Seiyu, the supermarket chain owned by Wal-Mart, reported its seventh consecutive annual net loss in the year to last December....
...But Wal-Mart’s figures disguised a wider slump in retail sales, which fell 4.8 per cent in February compared with the same time a year ago, once Wal-Mart had been excluded....
...Eduardo Castro-Wright, head of Wal-Mart USA, said its stores had again seen a rise in customer traffic against the same period last year. “We see more customers shopping more often at Wal-Mart....
...Wal-Mart’s profit warning came after disappointing December sales, one of several downbeat retail figures disclosed on Thursday....
...Li & Fung, a supplier to Wal-Mart Stores in the US, fell 4.1 per cent to HK$17.02. The fashion retailer Esprit fell 6.3 per cent to HK$38.05....
...Target’s results contrasted with its larger rival Wal-Mart, which reported a 10 per cent increase in quarterly profits last week....
...McDonald’s has been one of a handful of leading US companies to thrive globally amid the prevailing consumer gloom – together with Wal-Mart it was the only member of the Dow Jones Industrial Average to see...
...Wal-Mart provided one of the few sales bright spots and shares in the discounter rose 1.3 per cent to $55.11. But others also enjoyed substantial gains....
...US retail Wal-Mart, the largest US retailer, noted last week a recent shift in American shopping patterns, writes Jonathan Birchall....
...The company, which supplies retailers such as Wal-Mart and Nordstrom, said the second half of September had been a “turning point” for sentiment....
...In consumer staples, Wal-Mart Stores added 2.2 per cent to $59.37 and Procter & Gambleclimbed 2.7 per cent to $71.60, helping the sector to advance 1 per cent....
...These include: Wal-Mart, the low-cost chain; Costco and BJs, so-called “club” stores that charge membership fees; and discount chains, such as Dollar General and Dollar Tree....
...Wal-Mart Stores rose 1.2 per cent to $58.43, Procter & Gamble added 1.3 per cent to $65.82. Sears Holdings climbed 5 per cent to $82.78....
...Target focuses on a more up-market customer base than its larger rival Wal-Mart and has been harder hit by the pressures on US consumers....
...US retailers had a tough year, with Wal-Mart and Home Depot both falling in the rankings, but Tesco continued to rise....
...However, the S&P retail index climbed 3.7 per cent to 403.51 as analysts said weaker consumer spending was already priced in to many retail shares, Wal-Mart’s same-store sales rose only 0.5 per cent in...
...Wal-Mart, the largest US retailer, is dipping its toes into online grocery sales, with the expansion of a home shipping service for products including Perrier water and free-trade coffee at Sam’s Club, its...
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