Hints and tips:
Related Special Reports
...Foreign ministry spokesperson Wang Wenbin said on Thursday that the US had shown a “robber’s logic” towards the app....
...Walmart had hoped to leverage its vast store footprint to become a destination for affordable healthcare and vice versa....
...But it has made first-party data, such as that collected by Walmart on the 255mn customers that visit its stores and websites each week, more valuable....
...For Dollar Tree, the blockbuster deal to buy Family Dollar in 2015 was meant to give the discount retailer the heft to compete against market leaders Dollar General and Walmart....
...He is expected to open Apple’s eighth retail store in Shanghai on Thursday and attend the China Development Forum, which starts over the weekend....
...The menswear runways are full of them, celebrities are wearing them on the red carpet, and stores are placing them at the heart of their spring/summer 2024 offerings....
...Apart from being many times more profitable than Walmart, app stores have another advantage....
...Meanwhile, Macy’s, the US department store chain, reported strong results on Thursday. Its shares closed up 5.7 per cent in New York....
...“When you see other people’s good things, you must find ways to own them,” Wang said....
...The discount clothing chains TJX and Ross Stores reported strong same-store sales and good margin performance in the third quarter. Their consumer is just fine....
...RetailNext, another data company, reported a 2 per cent increase in foot traffic at stores on Black Friday....
...“In the past, retailers like Walmart have responded to investments from these discount chains,” said UBS analyst Michael Lasser in a note. “The key here is how Walmart will respond....
...“People are buying more on credit, they’re saving less and they’re going to stores like Walmart more.”...
...Walmart shares are up 24 per cent over the past 12 months, compared to a decline of 3.3 per cent and a 2.5 per cent increase at the two rival big box stores....
.... ©2023 Nikkei Inc. All rights reserved....
...Walmart management took among the most measured lines, observing that shrink is “uneven across the country . . . not in every market”....
...Later Oracle and Walmart reached an agreement to buy its US operations but the deal was shelved after the Biden administration decided to review the transaction....
...A version of this article was first published by Nikkei Asia on December 12. ©2023 Nikkei Inc. All rights reserved....
...European companies have complained that the laws, which require groups to store data locally, are vague and cumbersome to observe....
...Walmart, whose supercentres can be 10 times as large, has just over 5,700 stores in the two countries....
...Same-store sales, margins, inventory levels — these are some of the metrics investors look at when it comes to retail stocks. These days, they must also get to grips with LIFO, FIFO and COGS....
...at its stores....
...Retail week, part I: Home Depot (and the retail sales report) The first leg of this week’s Home Depot/Target/Walmart results trifecta is in....
...Chinese hosts repaid him by staging a standing ovation at Apple’s Beijing flagship store — one of 54....
...Walmart aims to build more than 75 medical centres in the US by the end of 2024. Dollar General is testing mobile health clinics outside some of its stores....
International Edition