May 18, 2012

Sam's Club will offer small-business loans

Sam’s Club said Tuesday it will offer small business loans of up to $25,000 to its small business members. The rest of the story: Sam’s Club will offer small-business loans – msnbc.com.

Why Walmart, Amazon and Costco Are the Retail Leaders of Tomorrow

Supercenter, e-commerce and warehouse club operations are all set to gain from changing consumer habits between now and 2015, a study by market research firm Nielsen determined — and that puts Walmart, Amazon and Costco in a strong position to benefit if they can overcome some major challenges. The rest of the story: Why Walmart, [...]

Sam’s Club Is Worth $2.93 To Wal-Mart

Although Sam’s Club is second biggest warehouse club retailer in the U.S. after Costco it contributes a mere 4.5% to the $65 Trefis price estimate for Wal-Mart’s stock. The rest of the story: Sam’s Club Is Worth $2.93 To Wal-Mart « Forbes.com.

Sam's Club Extends Early Shopping Hours

Sam’s Club is offering its consumer Advantage Plus Members access to early shopping hours from 7 a.m. to 10 a.m. weekdays, and 7 a.m. to 9 a.m. Saturdays, beginning today in all of its U.S. locations. The rest of the story: Sam’s Club Extends Early Shopping Hours – Yahoo! Finance.

At Shareholders’ Meeting, Wal-Mart Stresses Global Growth

Wal-Mart’s past was as a humble five-and-dime store in nearby Bentonville, but at its shareholders’ meeting here Friday, the retailer said its future would be in distant lands. The rest of the story: At Shareholders’ Meeting, Wal-Mart Stresses Global Growth – NYTimes.com.

Sam's Club Offers Insights into Product Assortment, Private Label

“We are going to stay true to our pricing framework and pricing values,” he said.
Sam’s Club did some SKU rationalization. The warehouse club exited the large appliance category and “gave a little bit of a haircut” to some other categories, said Linda Hefner, Sam’s Club executive vice president and chief merchandising officer.

Walmart Executives Answer Questions About U.S. Business

Walmart is pleased with its product assortment after realizing it cut too deep in removing some products from shelves, said Bill Simon, executive vice president and chief operating officer for Walmart’s U.S. division.

Walmart Executives Answer Media's Questions

Walmart executives took half an hour Friday afternoon to answer numerous questions from media from across the nation and the world.

Consumer Reports Survey: 30,000 Readers Reveal the Best Stores to Shop for Practically

More than 30,000 shoppers found Costco to be top notch among 11 of America’s most popular chain stores, according a recent survey by Consumer Reports. The rest of the story: Consumer Reports Survey: 30,000 Readers Reveal the Best Stores to Shop for Practically

Costco's CFO discusses competition against Wal-Mart and Sam's Club

Costco reported Thursday that its profit climbed sharply in the fiscal third quarter on stronger sales and membership revenue.  The company is the largest wholesale club operator in the U.S. but still faces tough competition from grocers, big box retailers and other wholesale clubs. The rest of the story: Costco’s CFO discusses competition against Wal-Mart [...]

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