Walmart

ECRM compared retail circular advertising in May 2013 versus May 2014 and noted trends occurring across top retail chains. Walmart experienced a 90.1% increase in ads per circular, largely due to a reduction in the number of circulars from 10 in May 2013 to six in May 2014. Despite this decrease, overall page count remained fairly stable. These fewer, lengthier circulars were the result of an increased willingness to promote a number of categories within one circular. Eight of last May’s 10 circulars consisted of four pages or fewer.

Walmart plans to roll out Savings Catcher nationwide later this summer. The receipt comparison tool is designed to eliminate the need for customers to visit multiple stores to find low prices, the company said at one of its annual shareholders events.
 
Built on proprietary technology, Savings Catcher looks at other retailers’ ads and gives customers an eGift card for the difference if a competitor’s offering is lower than the price they paid at Walmart.

New York -- Walmart plans to expand its online price comparison tool, Savings Catcher, that compares prices on select products with those of some of its competitors to cities nationwide over the next few months, the Associated Press said. The retailer is also adding more products to the tool, which will now be available on Walmart's mobile app.

Kraft Foods Group has named George Zoghbi as vice chairman of operations, R&D, sales and strategy, a newly created position. He will report directly to CEO Tony Vernon.  

The company said that it created the new role to “bring together the expertise of several key areas under one leader, including research & development, which creates innovative new products and manages quality improvements, to the manufacturing and sales teams that make and ultimately deliver Kraft's products to customers.”

Walmart Canada president and CEO Shelley Broader’s responsibilities have been significantly expanded to include oversight of Europe and Africa.

Broader was named EVP, president and CEO of Walmart EMEA, a region Walmart defines as including Canada, Europe, the Middle East and Sub-Saharan Africa.

Bentonville, Ark. -- Wal-Mart Stores announced the promotion of Shelley Broader, currently president and CEO of Walmart Canada, to executive VP, president and CEO of Walmart EMEA, effective June 1. In her new role, she will lead Walmart's retail operations and oversee business development in Europe, the Middle East, Sub-Saharan Africa and Canada and will report directly to David Cheesewright, president and CEO, Walmart International.

Walmart president and CEO Doug McMillon was among the dozens of high-profile business executives from the world of technology who participated in the inaugural Code Conference this week. Organizers of the event, which cost $6,500 to attend, made available a brief video of McMillon’s comments on a wide range of topics.

Bentonville, Ark. – Wal-Mart Stores Inc. has reportedly been given a May 30 deadline to settle a labor dispute in the Chinese city of Changde. According to the Wall Street Journal, Changde officials want Wal-Mart to reach an out-of-court settlement with workers at a store there which is scheduled to close.