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 . . ....
...We are doing record business. We have the highest levels of enthusiasm, so the head of Walmart, who I know, who’s a very nice guy, was making a political statement....
...For years, investors and analysts have asked what Wal-Mart de México y Centroamérica, Mexico’s largest retailer, was doing with a chain of budget restaurants....
...The Dow Jones Industrial Average fell 0.8 per cent to 12,937.17, as the blue-chip heavy index was dragged down by Walmart’s shares....
...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....
...Mr Leighton described Mr Philips as “a good retailer”. David Wild, chief executive of Halfords, who worked with him at Wal-Mart Germany, said he was “a great guy, really people focused”....
...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....
...With Wal-Mart also pushing suppliers to use Wal-Mart TV, growth “is outpacing the early days of the internet twofold”, he adds....
...He repeatedly refuses to rule himself out of the M&S race, even as he insists: “I am very happy doing what I’m doing....
...Wal-Mart plans to open its first Hispanic-focused supermarkets this summer in Arizona and Texas as the largest US retailer continues its drive to expand its dominance of the US grocery business....
...Wal-Mart, the largest US retailer, no longer reports monthly sales numbers. JC Penney, the mainstream department store, also raised its earnings guidance after sales fell less heavily that expected....
...of its more than 3,000 supercenters and discount stores....
...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....
...discount stores to more profitable, grocery-selling Supercenters....
...Parent company set for expansion Wal-Mart’s Asda business is not the only part of the global retailer planning expansion this year, writes Jonathan Birchall....
...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 is starting to explore alternative growth strategies in the US as the growth of its network of highly profitable Supercenters starts to approach saturation point....
...The new stores are less than a tenth the size of most of Wal-Mart’s more than 3,000 Supercenters, and less than half the size of its smaller Neighborhood Market supermarket format....
...The stores will be the first new banner launched by Wal-Mart in a decade and mark a radical departure for a retailer that has built its business around its giant “Supercenter” concept and an “everyday low...
...The stores will be the first new banner launched by Wal-Mart in a decade, and mark a radical departure for a retailer that has built its business around its giant Supercenter concept and its “every day low...
...In the US, meanwhile, retailers including Wal-Mart, Neiman Marcus and Toys R Us stole a march on last month’s “Black Friday” discount day following Thanksgiving by promoting price cuts beforehand....
...Wal-Mart saw its sales boosted by increasingly frugal shoppers during its first quarter as the world’s largest retailer reaped greater efficiencies from management efforts to transform its US business....
...Wal-Mart has moved David Cheesewright from Asda in the UK to head its Canada stores, bringing his experience of Asda’s grocery business to support an expansion of food sales....
...Wal-Mart recently hired Jack Sinclair, a veteran of the UK grocery industry, to head its supermarket business....
...But when the first wave of Russian expansion is over, Tesco might decide to catch the second as it did in China, entering the world’s most populous country nearly a decade after Wal-Mart and Carrefour had...
International Edition