Hints and tips:
...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 . . ....
...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...
...In Finance v Wal-Mart: Why are Financial Services so Expensive?, Mr Philippon crunches the numbers on costs for consumers....
...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...
...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....
...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...
...Mr McMillon said the return on investment in the compact hyper formats was equal to larger Supercenter hypers, which are more than twice the size....
...The retailer has said it will use smaller format stores to enter areas where it has struggled to place its large Supercenters, and faced political opposition led by the UFCW grocery workers union....
...While Wal-Mart has slowed its US store growth as it faces an increasingly saturated market for its large stores, it still expects to open more than 125 Supercenters this year....
...He also said he expected other retailers to follow Wal-Mart’s lead in abandoning the monthly figures. “It’s going to take someone like a Wal-Mart to take the lead to do this,” he said....
...The adverts are part of a cacophony of price cutting promotions from America’s national and regional supermarket chains – as they compete against Wal-Mart’s low-cost supercenters and small hard discounters...
...Mr Castro-Wright was previously head of Wal-Mart’s Mexican subsidiary, whose store network ranges from large US-style Supercenters to small local bodegas, an upmarket supermarket chain and two restaurant...
...Wal-Mart, Target’s larger rival, is also paring back store-openings this year, while continuing to expand....
...Wal-Mart’s worldwide fourth quarter profit fell to $3.79bn, or 96 cents per share, on a 1.7 per cent increase in sales to $108bn....
...Shares of Wal-Mart were down almost 10 per cent at $50.35 in pre-market trading on Thursday....
...Wal-Mart, the largest US retailer, reported that comparable sales at its Supercenters and discount stores increased just 0.6 per cent, below Wall Street’s expectations....
...strengthened the international appeal of Wal-Mart’s low-cost brands....
...In December it reported a 4.1 per cent fall in comparable store sales, compared with a 2.8 per cent increase at Wal-Mart’s discount stores and Supercenters. 600 staff at its headquarters in Minneapolis...
...its discount stores to more profitable, grocery-selling Supercenters....
...Wal-Mart launched a drive to improve ROI three years ago, partly in response to concerns on Wall Street that it was investing in new Supercenters that were cannibalising its existing sales....
...Wal-Mart, the largest US retailer, said on Tuesday its Supercenters and discount stores accounted for more than half of all US retail growth in October, underlining the growing ascendancy of the low-cost...
...Mr Scott’s remarks came as Wal-Mart, whose US sales will exceed $300bn this year, continues to slow the expansion of its network of more than 2,500 supercenters....
...Wal-Mart says that the stores are part of a 10-store pilot, with another store in Phoenix being built....
...But Wal-Mart, the largest US retailer, again outperformed the sector, with a 2.4 per cent same-store sales increase at its US Supercenters and discount stores....
...Two hours earlier and a few miles away, the crowds at the local Wal-Mart Supercenter had been similar, with cars again cruising the parking lot looking for spaces....
International Edition