walmart
Retail
Former Asda executive set to join Amazon UK
A former executive at the Walmart-owned grocer Asda is set to join the online retail giant Amazon in the UK to help drive its growth plans.
Amazon is close to hiring Doug Gurr - who left his role as Asda’s...
Retail
Retailers adapt in China
Retailers including Wal-Mart, Ikea and Tesco are adapting their business models in China, reflecting several long term changes in consumer habits.Wal-Mart currently runs 339 branches in over 120 cities across China, and first purchased its own trading sites for...
Retail
Asda names McKenna as chief operating officer
Judith McKenna has been named chief operating officer of Asda, Britain’s second-biggest supermarket group by market share, succeeding former Tesco executive Simon King, who left after only six months in the post.Ms McKenna is Asda’s finance director and seasoned...
Retail
Walmart wants to invest in Bihar: Sushil Modi
Even as the Centre is considering a calibrated roll out of foreign direct investment in multi-brand retail in large metros, the world’s largest retail chain —Walmart — has expressed interest in investing in Bihar. “Last week, people from the...
Retail
Walmart Japan chief steps down
Walmart's chief executive in Japan has resigned suddenly, just over a year after he assumed the post, creating uncertainty about the US retail group’s strategy in the country.Toru Noda became chief executive of Walmart Japan and Seiyu, its Japanese...
Retail
Wal-Mart Cuts Costs, Joins Suppliers to Avoid Price Rises
Wal-Mart Stores Inc the world’s largest retailer, is cutting costs and working with suppliers to delay or avoid raising prices as commodity expenses increase, the head of the company’s international unit said. “We find creative ways to work around...
Retail
South Africa’s retail community poised for major change
South African retailers and suppliers must brace themselves for a new era of retailing, warns Planet Retail in its latest report – “Walmart in South Africa: The Beginning of a New Age”. Walmart's impact is expected to be colossal...
Retail
Aldi is low-price grocery leader, finds study
Discount grocer Aldi is the low-price grocery leader, according to a new consumer study by Market Force Information, the world’s leading customer intelligence solutions company. The study was designed to uncover why consumers choose one grocer over another and...
Retail
Walmart steps up efforts to provide low prices
Walmart has announced more steps to re-establish its one-stop shopping convenience and deliver low prices every day, on everything. The retailer is reinvigorating its price leadership promise, bringing back products its customers have asked for and simplifying its ad...
Retail
ChainLinks reveals retailers’ expansion plans
North America's leading retail real estate advisory services organisation ChainLinks Retail Advisors has recently released a new report that elaborates on the current expansion plans of hundreds of retail chains in the US.“We are extremely proud to release our...
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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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