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March 5, 2009
Wal-Mart’s US sales surge ahead
Wal-Mart said on Thursday that comparable sales at its US discount stores and Supercentres jumped 5 per cent in...Eduardo Castro-Wright, head of Wal-Mart’s US stores, said in a statement that the company...towards discretionary categories.” Wal-Mart’s Sam’s Club discount warehouse stores reported a 5.9 per cent increase... By Jonathan Birchall in New York
May 7, 2009
Wal-Mart to end monthly sales data
...s focus on long-term strategy. Wal-Mart announced the change as it said sales at its US stores open at least a year had risen by 5...Wright, head of the company’s US stores, expressed exasperation with Wall...retail and particularly retailers like Wal-Mart that depend heavily on when a Friday...concerns as it began an overhaul of its stores. But it started again in October, saying...uncertainty over the economy deepened. Wal-Mart’s strong sales during the recession... By Jonathan Birchall in New York
March 23, 2009
Wal-Mart to award $2bn to staff
...almost 46 per cent increase on the $636.4m Wal-Mart awarded nearly 900,000 hourly employees...ending on January 31, comparable sales at Wal-Mart’s US stores rose 3.3 per cent. Wal-Mart is also continuing its efforts to improve... By Jonathan Birchall in New York
June 5, 2009
Wal-Mart benefits from crisis
...in the rest of the retail business, Wal-Mart has seen its US stores gain sales and new customers since the...Wright, head of the retailer’s US stores. “We have outperformed the...green shirts. This year, the clout of Wal-Mart’s buying power in the entertainment...his predecessor, Lee Scott. While Wal-Mart has slowed its US store growth as...increasingly saturated market for its large stores, it still expects to open more than... By Jonathan Birchall in Arkansas
March 16, 2009
Wal-Mart unveils plans for own-label revamp
...dwindle,” she said. Wal-Mart said it had reformulated...the Great Value name. Wal-Mart’s private-label revamp...profitability of its existing stores. Private-label sales...revamp project, said Wal-Mart was maintaining its overall... By Jonathan Birchall in New York
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
July 28, 2006
Wal-Mart sells its 85 German stores
...the service, forcing Wal-Mart to re-assign its bag...The sale of its 85 stores to Metro – Germany’s largest retailer – marks Wal-Mart’s most significant...leadership at its German stores. Wal-Mart’s decision to pull... By Gerrit Wiesmann in Frankfurt and Jonathan Birchall in New York
August 7, 2009
Story of Wal-Mart is the history and future of America
...given up trying to organise Wal-Mart stores in the US, and was pursuing...ever. The recession has seen Wal-Mart outperform all its leading...Americans flock to its giant stores. But Lichtenstein argues...from the conditions in which Wal-Mart first thrived. Its customers... By Jonathan Birchall
February 20, 2007
Wal-Mart lifted by US stores
...seen a strong performance by its US stores division. “Wal-Mart US made the difference in our fourth quarter,” he said. Sales at Wal-Mart’s US stores increased 6.7 per cent to $64...profitability of the US stores. He said the US stores had also benefited from returning their focus to Wal-Mart’s low cost message, after a troubled... By Jonathan Birchall and Daniel Pimlott 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