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Walmart

  • More momentum expected at Sam’s Club

    A body in motion tends to stay in motion and that appears to be the case with Sam’s Club where a strong fourth-quarter performance is expected to continue in 2012 under the leadership of new president and CEO Rosalind Brewer.

    The former Walmart store operations executive took the helm from outgoing Sam’s president and CEO Brian Cornell three weeks ago and is looking to build on the momentum he initiated and was evident in fourth quarter results reported earlier this week.

  • Investors want to know whether the U.S. momentum is for real

    Walmart’s U.S. stores regained customer traffic during the fourth quarter and president and CEO Mike Duke said the company had a great Christmas, but it didn’t feel that way to investors who couldn’t dump shares of the company fast enough after earnings were released on Tuesday.

    Total company sales for the quarter increase by 5.8% to $122.3 billion and profits from continuing operations increased 3.4% to nearly $5.2 billion while earnings per share increased 7.5% to $1.44 from $1.34 if one time gains are excluded from both reporting periods.

  • Planet Retail: Results Paint Mixed Picture for Wal-Mart

    There has been lots of buzz and comment over Wal-Mart Stores’ fourth quarter fiscal results. While the chain’s U.S. sales are rebounding, its quarterly profit and sales fell short of Wall Street expectations and its forecasts suggest that results in this quarter and fiscal year may again disappoint analysts.

    Here are some interesting comments from Natalie Berg, global research director, Planet Retail, on the chain’s results:

  • Sizing up Brand Value

    How much is a brand worth? If the brand in question happens to be Walmart, the answer is an eye-popping $139 billion, according to Interbrand Design Forum’s ranking of the top 50 U.S. retail brands by brand value. The study calculates the financial net worth of retail brands based on three metrics: the brand’s financial performance, the role the brand plays in driving consumer selection, and the ability of the brand to secure the delivery of expected future earnings.

  • Walmart boosts investment in Chinese e-commerce

    BENTONVILLE, Ark. — Wal-Mart Stores' investment in China continues to grow as the company now has a controlling stake in one of the country's fast-growing e-commerce websites. The company announced that it has reached an agreement to increase its investment in the holding company of Yihaodian, bringing its total ownership stake to approximately 51%. Closing of the transaction is subject to Chinese government regulatory approval.

  • Walmart had a “great” Christmas

    BENTONVILLE, Ark. — Walmart’s U.S. stores division regained customer traffic during the fourth quarter to post a 1.5% same-store sales increase and continues gather momentum as familiar strategies and effective marketing are resonating with customers, the company said Tuesday morning in conjunction with the release of quarterly results.

  • Top U.S. retail brands revealed

    DAYTON, Ohio — While Walmart maintained the No. 1 position on Interbrand's U.S. Most Valuable Retail Brands list for 2012, several other retailers are moving up the ranks.

    Although Walmart touts a value that's more than $139 billion, this year also marked a 2% decrease for the big box retailer, Interbrand said. Second on this year's list was Target, which holds a value of $23 billion, a 1% increase over last year.

  • Wal-Mart takes controlling stake in Chinese online retailer

    Bentonville, Ark. -- Wal-Mart Stores' investment in China continues to grow as the company now has a controlling stake in one of the country's fast-growing e-commerce websites. The company announced that it has reached an agreement to increase its investment in the holding company of Yihaodian, bringing its total ownership stake to approximately 51%. Yihaodian is a leader in online grocery sales, as well as in such categories as consumer electronics and apparel.

    Closing of the transaction is subject to Chinese government regulatory approval.

  • Wal-Mart Stores’ profit falls 4.2%, but U.S. sales on the rise

    Bentonville, Ark. -- Wal-Mart Stores Inc.'s fiscal fourth-quarter profit dropped 4.2%  on higher costs, but its U.S. business continued to draw in more shoppers.

    Net income was $5.16 billion in the three months ended Jan. 31, compared with $6.05 billion in the year ago period. Net sales, excluding membership fees from its Sam's Club division, rose 5.8% to $122.3 billion.

  • What a load, Walmart selects system to improve fleet efficiency

    Supply chain optimization solutions provider Quintiq Inc., announced that Walmart selected the company’s next-generation load assignment and dispatch system to lower the total miles driven and improve fleet efficiency.

    “We are delighted with Walmart's choice of Quintiq,” said Victor Allis, CEO of Quintiq. “We believe this demonstrates that no supply chain is too large or complex for our state-of-the-art supply chain optimization software.”

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