Wal-Mart Stores Inc.’s (WMT) customers were latecomers to online shopping. Now increasingly they’re trolling for deals at Amazon.com Inc., (AMZN) putting pressure on Wal- Mart to fix its lagging e-commerce operation. Five years ago, the world’s largest retail chain didn’t have to worry much about the world’s largest online mall. After all, only about a [...]
Wal-Mart Gears Up Online as Customers Defect to Amazon – Businessweek
Asda’s marketing chief moves to Walmart – Financial Times
Rick Bendel, Asda’s long-serving marketing director, is to move from the supermarket chain to a new role at its parent Walmart. He will be replaced as chief marketing officer of Asda by Walmart executive Stephen Smith. Mr Bendel, who has been chief marketing officer for Walmart’s international arm for the past three years, will work [...]
The legal implications of the Walmart/Massmart ruling – Business Day
HEATHER Irvine is a director at Norton Rose, the law firm. SUMMIT TV: The Competition Appeals Court dismissed the review application brought by the government and the trade unions to overturn the Competition Tribunal decision to allow the Walmart/ Massmart merger on what they called “flimsy” conditions. What has been decided? HEATHER IRVINE: Essentially the [...]
Best Buy Gets into Fighting Shape for E-Commerce Expansion – Forbes
Like all other retailers, Best Buy is also working hard to remain competitive in the online market. Technological revolution and increasing online penetration has revolutionized the consumer retail industry. Best Buy has been working toward growing its share of the e-commerce market. As part of this effort, it is rebuilding its internal IT team over [...]
Asda hands marketing reins to Walmart China exec – The Grocer
Asda has appointed Stephen Smith as its new chief marketing officer. Smith currently heads up the marketing team for Walmart in China, having joined the global retail giant last July. At Asda he will take over from Rick Bendel, who is moving into a broader project-based role for Walmart. “I was delighted that Steve joined [...]
Hormel Foods Receives Supplier of the Year Award from World’s Largest Retailer – MarketWatch
Hormel Foods Corporation HRL -0.52% today announced it was named the Walmart Supplier of the Year for overall best supplier performance and partnership in 2011. The Supplier of the Year award is the top recognition given by Walmart and was presented at the Supplier Summit in Orlando, FL. The award recognizes Hormel Foods for a [...]
How Discounters Use Sports as Means to Connect With Customers – Advertising Age
Soccer moms, Nascar dads … if Target, Walmart, Kmart and Kohl’s are blue-collar to the core, then so are their sports sponsorships. Two of the four retailers are heavily involved in auto racing, specifically Nascar, a third has a partnership with World Wrestling Entertainment, and the fourth is deeply invested in another slice of Americana [...]
Carrefour Shuts Store in China’s Henan After Mislabeling Chicken – Bloomberg
Carrefour SA (CA), the world’s second- largest retailer, shut an outlet in central China’s Henan province on orders from the local government after it falsely labeled meat sold at the store. Carrefour will focus on training employees in food handling, it said in an e-mailed statement today. The closure is temporary, the Boulogne-Billancourt, France-based retailer [...]
Service over price will win in face of Wal-Mart – Business LIVE
“Service wars across South African retailing are imminent following the Competition Appeals Court’s decision to uphold the merger of Massmart and Wal-Mart,” said Aki Kalliatakis, managing partner of The Leadership LaunchPad, a management consultancy focused on customer loyalty and radical marketing. Appeals court judge president Dennis Davis’ stamp of approval means that the R16.5 billion [...]
Retailers Break Out of Multicultural Silo – Advertising Age
No one lives the “total market” — the term used to describe the blending of the general and multicultural markets — like Walmart. Last month Gisel Ruiz was elevated to exec VP-chief operating officer at Walmart, and Rosalind G. “Roz” Brewer was named president-CEO of Sam’s Club, becoming the first woman and the first African-American [...]


