Wal-Mart Stores Inc. (WMT), the world’s largest retailer, reported fourth-quarter profit that trailed analysts’ estimates as an emphasis on low prices hurt margins. Net income for the quarter ended Jan. 31 fell 15 percent to $5.16 billion, or $1.50 a share, from $6.06 billion, or $1.70, a year earlier, the Bentonville, Arkansas-based retailer said today [...]
Grocery Chains Score in Customer Experience Ratings – Supermarket News
February 14, 2012 Via Leave a Comment
Five grocery chains led by Sam’s Club and Publix Super Markets scored highest in a new survey of customer experience ratings by Temkin Group here. The research, based on a survey of 10,000 U.S. consumers in January, showed only eight companies among 18 industries delivering an excellent customer experience, but they included food retailers Sam’s [...]
Apple Stores Coming to Sam’s Club – PC Magazine
February 7, 2012 Via Leave a Comment
There’s always a lot of speculation as to where Apple will open its next retail store. But the latest talk doesn’t center around a more aggressive push in Asia or rumors of stores finally landing in South America. Rather, 9to5Mac has claimed that Apple is in talks to put mini-stores within 47 U.S. Sam’s Club [...]
Sam’s Club coming to Costa Rica – The Tico Times
February 3, 2012 Via Leave a Comment
Membership-based, buy-everything-in-bulk, Wal-Mart-owned Sam’s Club is coming to Costa Rica, the daily El Financiero reported Monday. Wal-Mart owns Maxi Pali, Más x Menos and Palí supermarkets found in Costa Rica, as well as seven Wal-Mart Supercenters in the country. All together, according to information on Wal-Mart’s website, the corporation has 199 stores here and employs [...]
PepsiCo woos former Sam’s Club CEO Cornell – Reuters
February 3, 2012 Via Leave a Comment
The position would report directly to Chief Executive Officer Indra Nooyi and would be equivalent in status to a division CEO, Bloomberg said on Friday, citing two people familiar with the discussions. Attempts to hire Cornell might not be successful, however, Bloomberg said, and it cited one of the people as saying that other companies [...]
PepsiCo Recruiting Ex-Wal-Mart Exec Cornell – Bloomberg
February 3, 2012 Via Leave a Comment
PepsiCo Inc. (PEP), which will announce a turnaround plan next week, is trying to recruit former Wal-Mart Stores Inc. executive Brian Cornell for a significant job with the soda and snacks company, according to two people familiar with the discussions. The position would report directly to Chief Executive Officer Indra Nooyi and would be equivalent [...]
Sam’s Club Announces New Simply Right Vitamin Line – MarketWatch
January 24, 2012 Via Leave a Comment
Sam’s Club®, the nation’s eighth largest retailer, today announces the exclusive availability of the Simply Right(TM) line of quality and affordable vitamins. Simply Right(TM) vitamins and supplements, replacing the Sam’s Club Member’s Mark line, are part of the overall Simply Right(TM) brand, dedicated to providing healthful, gentle and safe personal care products for the entire [...]
Wal-Mart Says Brewer to Lead Sam’s Club as Cornell Leaves – Bloomberg
January 20, 2012 Via Leave a Comment
Wal-Mart Stores Inc. (WMT), the world’s largest retailer, said Brian Cornell would step down as president and chief executive officer of its Sam’s Club membership warehouse unit and be replaced by Rosalind Brewer. Brewer, 49, most recently was president of Wal-Mart’s U.S. East business unit, the Bentonville, Arkansas-based company said today in a statement. Cornell, [...]
Wal-Mart Says Brewer to Lead Sam’s Club as Cornell Leaves – Businessweek
January 20, 2012 Via Leave a Comment
Wal-Mart Stores Inc., the world’s largest retailer, said Brian Cornell would step down as president and chief executive officer of its Sam’s Club membership warehouse unit and be replaced by Rosalind Brewer. Brewer, 49, most recently was president of Wal-Mart’s U.S. East business unit, the Bentonville, Arkansas-based company said today in a statement. Cornell, 52, [...]
Sam’s Club CEO Brian Cornell on the Essential ‘Cs’ of Leadership
January 18, 2012 Via Leave a Comment
Sam’s Club CEO Brian Cornell once attended a conference at Apple that was designed to give corporate executives a chance to learn some of the secrets behind the late Steve Jobs’s success. Cornell recalled asking Jobs how much he relied on focus groups to find out what his customers might be looking for, particularly when [...]
