Wal-Mart
Retail
Target finalising plans for Canadian launch
Target Corp. is firming up its plans for its much anticipated Canadian debut, setting up three distribution centres here and refining its strategy to include the sale of fresh food at some locations.The move into the food market wasn’t...
Retail
Wal-Mart to spend $759 million in Brazil this year
Wal-Mart Stores Inc , the world's biggest retailer, will invest 1.2 billion reais ($759 million) in Brazil this year to tap buoyant consumer demand in Latin America's largest economy, the unit's top executive said.
Wal-Mart Brasil Chief Executive Marcos Samaha...
Retail
Tech retailers revamp business model
Kishore Biyani has yet to crack one segment of the business: electronics retailing. eZone has been a drag on his Future Group and India's largest retailer last month decided to hive off the business and look for a strategic...
Retail
Target eyes $6B in annual Canadian sales
U.S. retail giant Target Corp. expects to generate at least $6 billion in annual sales in Canada in as little as six years as it makes its first foray into a foreign market.Chief financial officer Douglas Scovanner also said...
Retail
Wal-Mart rubbishes report on JV with Future Group
Walmart India has dismissed the recent media reports which suggested it was looking to invest in a joint venture with Kishore Biyani-led Future Group.Speaking exclusively to IndiaRetailing, a Walmart India spokesperson said, “It is speculative to say Walmart is...
Retail
Wal-Mart Q4 net sales up 2.5 per cent at $115.6 bn
Wal-Mart Stores Inc has reported net sales of $115.6 bn for the fourth quarter ended January 31, 2011, up 2.5 per cent from $112.8 bn in the corresponding quarter last fiscal.Net sales for the fiscal year 2011 were $419...
Retail
Walmart appoints Cindy Davis as EVP, Global Consumer Insights
Walmart has appointed Cindy Davis as executive vice-president of Global Consumer Insights. Davis will lead the newly created Insights team, helping both Walmart and Sam’s Club understand broad consumer trends, provide insight into customers’ needs across the world and...
Beauty & Wellness
GeoGirl, Wal-Mart’s New Beauty Brand Targeted at Tweens
Wal-Mart has zeroed in on two of the hottest topics of discussion among the Tweens - green living and technology. Its new beauty brand, GeoGirl is meant for eight to 10 year olds and contains natural ingredients, including white...
Fashion & Lifestyle
The world wants denim from India
With various shades and textures of denim splashed across the table, Aamir Akhtar, CEO - Denim Fabrics, is working with his young designers in the swanky Arvind Ltd’s design studio to finalise the `Arvind Meets Kato` collection for global...
Retail
Wal-Mart Stores elects new CFO
The board of directors of Wal-Mart Stores Inc has elected Charles Holley to succeed Tom Schoewe as the company's new chief financial officer (CFO). The change will be effective from November 30, 2010, and Schoewe will stay on until...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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