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Walmart

  • From Russia with media love

    Here we go again. Every so often the media gets a hint that Wal-Mart Stores is looking to expand into Russia and the speculation begins. The latest report from Reuters claims that the retailer still sees opportunity in the country as it looks to possibly by the X5 chain. X5, however, is denying reports that it is in talks with Walmart. Whether a purchase in Russia will happen anytime soon remains to be seen, but anything regarding the biggest retailer and one of the biggest markets will continue to garner attention.

  • The essential ingredient in healthy, affordable food

    Efforts to make food healthier and healthy food more affordable took center stage last week in Washington, D.C. when Walmart unveiled its new “Great For You,” packaging icon. This week in Orlando food safety took center stage at the Consumer Goods Forum’s annual Global Food Safety Conference where Frank Yiannas, VP food safety at Walmart and co-vice chair of the conference weighed in on collaboration, food safety at a cross roads and Tiramisu.

  • More evidence of "show-rooming" effect

    MINNEAPOLIS — It's a common dilemma for retail stores; customers come in to check out the latest merchandise only to then buy it at a competitor's website. According to a new survey from market research fim ClickIQ, nearly half of consumers who have shopped online within the past six months first checked out the product at their local retail store and then made the purchase online, often from a different source.

  • Insights on Asia offered at industry event

    With China on pace to become one of the world's biggest retail market, any insight on developing a retail business in this area is welcomed, which is why it is no surprise that Scott Price, president and CEO of Walmart Asia, is scheduled to speak at the World Retail Congress Asia Pacific in Beijing this March.

  • Sears Canada announces price cuts as part of competitive move

    Toronto -- A Thursday report by Reuters said that Sears Canada is cutting prices on more than 5,000 items as a competitive preemptive move before Wal-Mart and Target begin their expansion march across the country.

    According to the report, Sears Canada will also roll out weekly sales promotions and new signage.

  • Something to think about for Christmas 2012

    Sales in the consumer electronics space would have been abysmal in 2011 were it not for tablet and e-readers, according to data from market researcher The NPD Group, which shows Target has an opportunity to gain share.

    Target’s recent moves to deepen its relationship with Apple could be beneficial in that regard, as it was Apple that drove CE activity in 2011 and is likely to do so again in 2012. Currently, Target is not among the top five CE retailers, which NPD lists as Best Buy, Walmart, Apple and a tie between Staples and Amazon.

  • Cultivating an image on not so distant lands

    Target is looking to get ahead of the curve in major media markets by placing communications executives in such places as Dallas, Los Angeles, New York and Toronto in addition to those at the Minneapolis home office, Ad Age reported on Monday.

  • An educated consumer is our best customer

    Retail aficionados will recognize the headline above as the long-running tagline for Syms, the recently liquidated off-price apparel retailer. While things didn’t work out as founder Sy Syms or his CEO daughter Marcy had planned, Walmart is looking to apply similar logic about educated consumers to the area of nutrition, healthy eating and smart shopping.

  • "Great For You" is great for Walmart and select shoppers

    Walmart’s goal of making food healthier and healthier food more affordable is a noble undertaking that has favorably affected the company’s reputation and put it in good stead with the Obama administration. The question that remains, as the company begins affixing to products and packaging its new “Great For You” food label unveiled this week in Washington D.C., is whether shoppers will behave in a manner consistent with their stated intentions.

  • The press release never said Cornell was retiring

    Recently departed Sam’s Club president and CEO Brian Cornell is a little like legendary Cleveland Browns running back Jim Brown in that both walked away from their professions at the height of their careers. However, unlike Brown who gave up football for good after his best season ever, no one is expecting Cornell to stay retired.

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