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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
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
John Gapper
Goodbye to the golden age of consumer choice
...More are now shopping at discounters, from Walmart to Aldi and Lidl. They also favour the ordinary and familiar over the experimental....
May 13, 2022
News in-depthUS employment
Reddit ‘antiwork’ forum booms as millions of Americans quit jobs
...“Boss makes a dollar, I make a dime. That’s why I f**k around on company time baby,” wrote Brotendo88. But its most celebrated posts are screenshots of resignation letters and text messages....
January 9, 2022
LexCarrefour SA
Couche-Tard/Carrefour: what a hoot
...Carrefour must appear cheap to the Canadian fuel and convenience stores empire, owner of the Circle K chain....
January 13, 2021
Carrefour SA
Canada’s Couche-Tard in takeover talks with France’s Carrefour
...They agreed last year on a £6.8bn deal to buy the British supermarket chain Asda from Walmart in an acquisition that will not merge the two businesses but could lead to Asda opening convenience stores at...
January 13, 2021
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Due Diligence
Selling a Spac dream: auto start-ups angle for Tesla shine Premium content
...Two things to start: Canadian convenience store group Couche-Tard has approached France’s Carrefour about a takeover in a deal that would combine two retail groups jointly worth more than $50bn....
January 13, 2021
Alimentation Couche-Tard Inc
How Couche-Tard’s ambitious bid for Carrefour was cut down
...With its grip on a deal slipping, Couche-Tard, a $33bn group which operates convenience stores and petrol stations in North America and Europe, scrambled....
January 18, 2021
FT AlphavilleBillions of Blistering Barnacles
Walmart sues Tesla over dodgy solar service
...But this time, it's not from a disgruntled consumer. Walmart — the $320bn market cap mega-retailer — has alleged that Tesla’s solar panels caused fires at seven of its stores across the States....
August 21, 2019
US & Canadian companies
Walmart boosts LatAm ecommerce push with Cornershop purchase
...This is an opportunity to leverage both of our brands, as well as Walmart’s strong supply chain and store network....
September 13, 2018
Retail & Consumer industry
Glory fades for LA’s once-thriving jewellery district
...One example is the LA Jewelry mart, a large brick-façade building on Olive Street, which has been redeveloped as office space with retail stores on the ground level....
September 1, 2018
US & Canadian companies
Walmart drops ‘stores’ from name to reflect online focus
...Starting in February 2018, the company will shorten its name from “Wal-mart Stores, Inc.” to “Walmart Inc.”....
December 6, 2017
FT CollectionsGlobal trade
India: Netflix takes a gamble on its next 100m subscribers
...As the dog hits the ground with a dull thud, the voice intones: “God doesn’t give a f**k.”...
July 16, 2018
US & Canadian companies
Truck driver shortage squeezes General Mills profits
...But the discounting strategies of retailing powers Amazon and Wal-Mart are making it difficult for goods makers to raise prices....
March 21, 2018
FT AlphavilleDan McCrum
Beware the FARA side
...The Foreign Corrupt Practices Act was also once just an obscure statute, until companies such as Wal Mart started to face nine figure compliance costs....
January 16, 2018
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
US equities
US stocks push higher on GDP, tech gains
...The Dow Jones Industrial Average, however, was largely flat at 23,387, held back by early losses for Nike and Wal-Mart....
October 27, 2017
US politics & policy
Trump wealth slides on NY property market, ‘new information’ – Forbes
...Alice Walton was the highest placed woman, with a net worth of $38.2bn, ranking the heir to the Wal-Mart Stores fortune at 13 – the same position as last year....
October 17, 2017
FT AlphavilleCardiff Garcia
Unlike manufacturing council, no member of Trump’s “Strategic and Policy Forum” has resigned over Charlottesville
...climate deal exit) Bob Iger, Chairman and CEO, The Walt Disney Company (left after Paris climate deal exit) Rich Lesser, President and CEO, Boston Consulting Group Doug McMillon, President and CEO, Wal-Mart...
August 16, 2017
FT AlphavilleRetail & Consumer industry
Whole Foods vs the activists
...Over the last two years Whole Foods’ sales figures have been languishing due to increasing competition in specialty foods from the likes of Kroger, Wal-Mart and Costco....
June 16, 2017
Retail & Consumer industry
Wal-Mart reports strong ecommerce sales growth during third quarter
...and rolling out a mobile payments system across its US stores....
November 17, 2016
FT Magazine
The music industry according to super-producer Jimmy Iovine
...If Trent Reznor [of Nine Inch Nails] says ‘Get the f**k out of my way,’ you get the f**k out of his way. Dr Dre said: ‘If you send one of your guys up to my studio they’re not going to make it out....
July 6, 2017
US & Canadian companies
Promotions raise questions over US retail profits
...Walmart, the world’s largest retailer by sales, has been clear that it would be pushing the boundaries with lower prices this holiday season in the US, as competition intensifies in-store and online....
December 20, 2016
World
Carney excites the UK credit number-crunchers
...Wal-Mart owns Asda; Apple claims to have 6500 employees in the UK; BMW still has significant operations associated with its Mini brand; AT&T claims to employ almost 1500 people in the UK....
September 8, 2016
Energy sector
Norway oil fund excludes Duke Energy over environmental fears
...The companies include Airbus, Boeing, Philip Morris, Rio Tinto and Wal Mart. Duke did not immediately respond to a request for comment....
September 7, 2016
Retail & Consumer industry
Asda offloads loss-making photo business to Photo-Me
...Last week Asda, which is owned by US retail giant Wal-Mart, unveiled its steepest quarterly sales decline on record....
August 23, 2016

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