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January 29, 2010
Walmart reveals supply deal with Li & Fung
...WSG will be a mini Li & Fung."Walmart spends about $100bn on purchasing private...Fung.Eduardo Castro-Wright, head of Walmart's US stores, said the retailer was "redefining...source products that are imported into our Walmart retail markets around the globe".In... By Jonathan Birchall in New York and Tom Mitchell in Hong,Kong
January 29, 2010
Walmart gears up for global online push
...Eduardo Castro-Wright, head of Walmart’s US stores, said the new Global.com unit would...in markets where we don’t”. Walmart, with stores in 15 countries, currently operates...announced alongside a restructuring of Walmart’s top management of its 3,700 stores in the US, and the setting up... By Jonathan Birchall in New York
January 28, 2010
Walmart reveals strategic sourcing deal
...WSG will be a mini-Li & Fung.”Walmart spends about $100bn on purchasing...F.Eduardo Castro-Wright, head of Walmart’s US stores, said the retailer was “redefining...source products that are imported into our Walmart retail markets around the globe... By Jonathan Birchall in New York and Tom Mitchell in Hong Kong
January 26, 2010
Target goes wild for salmon
...leading US food retailer to stop selling farmed salmon in its stores, citing the negative impact of salmon farming on the environment...products are available in around 1,500 of its 1,700 stores. Mr Trenor acknowledged it would not be possible to meet...levels. Leading US retailers including Target’s rival Wal-mart and Whole Foods, the natural and organic supermarket...sustainability of sea-food purchasing over the past few years. Walmart plans to continue selling farmed fish, but has said it... By Jonathan Birchall in New York
February 7, 2010
Investors trust in happy end to US book drama
...just from Amazon but also from Walmart, Target and Costco’s discount stores, which have taken a large...Waldenbooks and B. Daulton stores while trying to compete with...in physical bookstores. The stores still deliver cashflow in spite... By Jonathan Birchall in New York
January 27, 2010
Morrison plucks chief from Canadian retailer
...Between 1998 and 2005 he worked for Wal-Mart’s international division, becoming chief...executive of Halfords, who worked with him at Wal-Mart Germany, said he was “a great guy, really...Weston family empire and at a division of Walmart. Others pointed out his lack of UK experience... By Andrea Felsted and Kate Burgess
January 10, 2007
Wal-Mart to develop hybrid trucks
Wal-Mart, the largest US retailer...ubiquitous tractor unit. Carsten Reinhardt, president of ArvinMeritor...during braking. Lee Scott, Wal-Mart’s chief executive, set...improving the efficiency of Wal-Mart’s fleet of more than 7... By Jonathan Birchall in New York
January 19, 2010
Norway fund shuns tobacco companies
...such as Boeing and BAE Systems, to companies accused of environmental and labour rights violations, including Rio Tinto and Wal-Mart. Norway has sought to make its sovereign wealth fund a role model for socially responsible investment since introducing ethical... By Andrew Ward in Stockholm
February 4, 2010
US retailers boosted by strong January
...performance from its luxury Bloomingdales stores, as it reported a 3.4 per cent increase...guidance.The performance of the prestige stores fits with recent comments from Polo Ralph...owns the Victoria’s Secret lingerie stores, reported a 6 per cent increase in...lower than Wall Street had expected. Walmart , the largest US retailer, no longer... By Jonathan Birchall in New York
January 11, 2007
Wal-Mart in hybrid truck venture
Wal-Mart, the largest US retailer...ubiquitous tractor unit. Carsten Reinhardt, president of ArvinMeritor...during braking. Lee Scott, Wal-Mart's chief executive, has...improving the efficiency of Wal-Mart's fleet of more than 7... By Jonathan Birchall in New York