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Walmart

  • Walmart alum missing magic at new employer

    When Craig Herkert left Walmart a few years ago to become president and CEO of Supervalu the situation that unfolded earlier this week at the grocer was not what he had in mind.

  • Why Target’s Neiman Marcus deal is good for Walmart too

    Walmart and Target were both winners this week as Target announced a deal with Neiman Marcus that makes the distinction between it and Walmart even sharper.

  • Coupon activity on upswing, as are sales

    No Wonder Walmart’s U.S. sales are on the upswing. Kantar’s Marx media solutions group this week in its mid-year report noted free standing insert pages for Walmart increased nearly 82% to 2.5 billion pages during the first half of the year.

  • Carrefour sales fall, reaffirms profit expectations

    Paris -- French retail giant Carrefour reported Thursday that sales in the second quarter dipped 0.3% to $26.5 billion, beating analysts’ expectations and prompting the retailer to issue earnings guidance to match 2012 expectations of $2.5 to $2.6 billion.

  • Bosco syrup sweetens up Walmart aisles

    TOWACO, N.J. — Bosco brand chocolate syrup is making its Walmart debut in 530 stoes in 12 Eastern states including Maine, New Hampshire, Vermont, Rhode Island, Connecticut, New Jersey, New York, Pennsylvania, Massachusetts, Maryland, Virginia and West Virginia.

    Bosco which comes in a 22 ounce squeeze bottle is all-natural and vitamin-fortified. Walmart will sell Bosco for $1.98.     

  • Premier Retail Networks nabs new COO

    Martin Fry has joined Premier Retail Networks as chief operating officer, the company announced Monday.

  • Walmart makes example of seafood supplier

    Allegations of worker abuse prompted Walmart to suspend a small seafood supplier earlier this week pending the outcome of an investigation, according to a Reuters report.

  • Fate of mom-and-pop at center of Indian investment debate

    The rhetoric over allowing foreign direct investment in India is reminiscent of the rhetoric that would have occurred in the United States 30 years ago had Walmart’s critics knew then what they profess to know now.

  • Budget priced brands versus EDLP basics

    It may be back to basics in Walmart’s apparel department, but shoppers still crave discounted brands and fashion as evidenced by continued strength at some familiar retailers.

    TJX and Ross Stores both posted same-store sales increases of 7% during June, and both companies used the occasion of the better-than-expected results to elevate their profits forecasts. TJX said June sales increase 9% to $2.3 billion, while Ross said its June sales increased 12% to $886 million.

  • Walmart takes on Daytona’s high-banked tri-oval

    The past few months have seen Walmart leverage its 50th anniversary with a wide range of tactics, but one of the company’s most visible actions may occur this weekend.

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