Apple, Inc.

BENTONVILLE, Ark. -- As Walmart embarks on its campaign to be the low-price leader and broaden product assortment, the company said it plans to reduce space for electronics in its U.S. stores, saying that sales in that category have declined.

The company will reduce floor space devoted to items such as flat-screen televisions and give some of that space to apparel, according to Rosalind Brewer, who runs the Wal-Mart East division and addressed the ISI Group Retail Summit in Atlanta on Tuesday.

SEATTLE -- Apple iTunes may have met its match in the form of a new music service from Amazon.com that offers the flexibility in file purchasing and access previously unseen by similar programs. 

FRAMINGHAM, Mass. -- Staples, which in February announced plans to positioned itself as a leader in technology, is now looking to become a leader in tablet computers.

Retailers’ growth plans in the United States are up 40% over last year’s levels, according to ChainLinks' Retail Advisors Spring 2011 National Retail Report. The report, which details trends impacting retail commercial real estate in more than 40 of the nation’s top markets, credits the surge in expansion to two key factors: the return of optimism within the retail sector; and the desire to expand quickly now -- before retail fundamentals improve enough for rents to start climbing again.

NEW YORK — After Apple began giving consumers the option to receive paperless receipts, it seems that other retailers are following suit, according to published reports.

By Martin Brewer, [email protected]

The March issue of Fortune contains the magazine’s annual ranking of the most admired companies, and this year’s list shows Target ranked 22nd. Only Walmart (11) and Nordstrom (21) were ranked ahead of the company. Other notable retailers on the list who ranked lower than Target included Costco (29), Best Buy (36), eBay (45) and Lowe’s (49).

Rebecca Van Dyck was named global chief marketing officer of the Levi’s brand where she will be responsible for the development and implementation of fully integrated marketing strategies across all of the Levi's brand's product categories and consumer communication channels. Dyck joins the company from Apple Inc. where she led the worldwide marketing and communications strategies for some of the world's most well-known and admired product launches, including introducing the iPhone, iPad and iPod + iTunes.