May 18, 2012

Wal-Mart veteran in key Asda post

Asda has hired Charles Redfield, currently the senior vice-president for food and beverage at Sam’s Club, into the strategically important role of chief merchandising officer. The rest of the story: Wal-Mart veteran in key Asda post – Business News, Business – The Independent.

Walmart stays strong in China, Brazil and Mexico

Once again, Walmart’s international segment – which Morningstar analysts estimate accounts for a quarter of total revenues – shone. The rest of the story: Walmart stays strong in China, Brazil and Mexico | beyondbrics | FT.com.

Wal-Mart, Tesco May Be Welcomed by India Consumers

India’s consumers will probably welcome the entry of overseas retailers such as Wal-Mart Stores Inc. and Tesco Plc, according to a survey conducted by a management school. The rest of the story: Wal-Mart, Tesco May Be Welcomed by India Consumers, Survey Says – Bloomberg.

Bharti Walmart planning more wholesale stores, Punjab is focus

Bharti Walmart is planning to open 10 to 15 cash-and-carry wholesale stores over the next three years and hoping that the government will open up multi-brand retail to foreign investment. The rest of the story: Bharti Walmart planning more wholesale stores, Punjab is focus-The Economic Times.

Walmart to New Delhi: supermarkets bring jobs

At a media function, Bharti-Walmart formally inaugurated a new training centre for young people to be groomed for what foreign retail giants, and their Indian partners, contend to be a surge of new job opportunities that would be created by the growth of modern retail format. The rest of the story: Walmart to New Delhi: [...]

Wal-Mart in trouble over Best Price brand name

US-based Wal-Mart Stores Inc. has run into trouble with the trademark office over the branding of its wholesale stores in India. The rest of the story: Wal-Mart in trouble over Best Price brand name – Corporate News – livemint.com.

Wal-Mart de Mexico Rises After Net Income Jumps

Wal-Mart de Mexico SAB rose after Mexico’s largest retailer said profit surged in the second quarter because of the acquisition of a Central American unit of its parent company. The rest of the story: Wal-Mart de Mexico Rises After Net Income Jumps – BusinessWeek.

Walmart Canada unveils 100th Supercentre

Walmart Canada opened the doors of its 100th supercentre located in Victoria, British Columbia providing customers with the company’s next generation of store design and customer experience. The rest of the story: Walmart Canada unveils 100th Supercentre – Press Release – Digital Journal.

Retailers Jump After India Invites Views on Foreign Investment

Pantaloon Retail India Ltd., the nation’s largest publicly traded retailer, and local rivals gained after the trade ministry invited views on allowing companies such as Wal-Mart Stores Inc. and Carrefour SA to start retail stores. The rest of the story: Retailers Jump After India Invites Views on Foreign Investment – BusinessWeek.

Wal-Mart’ 235th store in China opens in Xuzhou city

The Zhengxiang-Wal-Mart shopping plaza was opened up On June 27th. Government leaders of Xuzhou city, Senior Vice President and Chief Administrative Officer of Wal-Mart (China), and the chairman of Shanghai Zhengxiang Co., Ltd. attended the opening ceremony. The rest of the story: China Chain Store & Franchise Association.

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