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Letter
Letter: Globalisation and betrayal of America’s working class
...Entire small cities and towns became significantly poorer when major manufacturing plants closed, union jobs were lost forever and cheaper prices at Walmart did not compensate for the loss....
January 31, 2024
OpenAI
A very brief history of very brief CEOs
...Former boss Kerry Killinger had gone big on subprime to build what he called “the Wal-Mart of banking”, and was pushed out by investors who didn’t like a rescue refinancing led by TPG Capital....
November 22, 2023
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
ReviewFT Wealth
Book review: Still Broke by Rick Wartzman
...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....
October 18, 2022
FT Magazine
How Walmart convinced critics it can sell more stuff and save the world
...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 . . ....
October 13, 2022
Berkshire Hathaway Inc
Warren Buffett’s Berkshire reins in stock purchases and books $43.8bn loss
...Berkshire’s housing businesses, including modular home unit Clayton Homes and home decor retailer Nebraska Furniture Mart, offered hints about how consumers were responding to higher prices and increased...
August 6, 2022
UK companies
Why a carmaker bought a grocery franchise in Vietnam
...A version of this article was first published by Nikkei Asia on September 12, 2021. ©2021 Nikkei Inc. All rights reserved....
September 19, 2021
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
eBay Inc
Ebay to sell South Korea unit for $3.1bn as local rivals target Coupang
...“Both Lotte and E-Mart were eager to take over eBay’s operations but E-Mart offered about Won500bn more,” added the industry official....
June 17, 2021
Global trade
China presses shipping line to rein in record freight rates
...“So they are buying heavily from China, I mean, millions of toasters via Wal-Mart, via Amazon, via Costco, via whomever....
November 17, 2020
WhatsApp Inc
WhatsApp gets green light to launch payments service in India
...“It's happening after Facebook's Reliance deal, just in time to align with Jio Mart's payments gateway integration.”...
November 6, 2020
ReviewFilm
Kajillionaire — director Miranda July delivers unexpected pleasures
...The setting is Los Angeles, a low-rise beige-out of warehouses and mini-marts....
October 7, 2020
LexElectric vehicles
Tesla/regional suppliers: part mart Premium content
Sales growth for the Model 3 in China relies heavily on staying on the nation’s subsidies list
January 6, 2020
News in-depthNikkei Asia
Philippines’ faltering stock market throws open the doors
...A version of this article was first published by Nikkei Asia on October 19, 2020. ©2020 Nikkei Inc. All rights reserved....
October 26, 2020
#techAsia
China leads world in race to launch digital currency Premium content
...Japan Inc has found a new purpose for automation: business continuity in the uncertain era of Covid-19....
October 28, 2020
News in-depthNikkei Asia
Indonesia’s wealth gap spurs Muslims to join ‘economic jihad’ Premium content
...A version of this article was first published by the Nikkei Asian Review on January 28 2020. ©2020 Nikkei Inc. All rights reserved....
February 4, 2020
Equities
Markets Now - Tuesday 7th April 2020
...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...
April 7, 2020
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthUS-China trade dispute
US companies reshape supply chains after China ultimatum
...US labour costs and the challenge of selling US-made shoes through chains such as Wal-Mart or Target made it simply too difficult, Mr Priest added....
May 23, 2019
The FT ViewThe editorial board
Big Tech’s health fixation spreads into private areas
...The personal profiles created and sold by retailers such as Wal-Mart include information that company algorithms can quickly link to medical conditions such as depression or obesity....
April 29, 2019
US & Canadian companies
Walmart boosts LatAm ecommerce push with Cornershop purchase
September 13, 2018
The Art Market
Art sales get an injection of energy
...Ramsay Fairs, the group that owns the Affordable Art Fair and Pulse Art Fair, has bought Volta from Merchandise Mart Properties Inc (MMPI), the company that also runs New York’s Armory Show....
October 18, 2019
Inside BusinessSujeet Indap
Unexpected victories for unorthodox shareholder activists
...First, higher wages can make employees more productive — Wal-Mart’s recent wage raises were justified on these grounds....
December 17, 2018
John Gapper
Levi Strauss is as enduring as a pair of vintage jeans
...It launched the cheaper Levi’s Signature brand in 2003 to sell through retailers such as Wal-Mart but it constantly has to face upward and downward....
March 20, 2019
News in-depthTechnology sector
Netflix investors brace for repeat of subscriber ‘miss’
...Other retailers are following in the footsteps of Amazon Prime Video, with Wal-Mart and Costco reported to be trying to beef up their online channels....
October 16, 2018
FTfmDavid Stevenson
How blockchain can help disrupt the fund admin chain
...In Finance v Wal-Mart: Why are Financial Services so Expensive?, Mr Philippon crunches the numbers on costs for consumers....
February 4, 2019
News in-depthCoal
Coal rises from the ashes as Australia’s top-earning export
...Wal King spent 23 years as chief executive of Leighton Holdings, building the Australian company into one of the world’s biggest mining contractors before retiring in 2010....
October 11, 2018
FT AlphavilleAlexandra Scaggs
Credit markets are off the WAL(L)
...The limit for WAL generally declines over time. Apparently it is WAL that is tripping up the 2014-era CLOs....
June 14, 2018

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