Walmart

CHICAGO — About a week after announcing it would join First Lady Obama and other retailers in bringing more choices to so-called "food deserts", Walmart announced its official presence in Chicago today with the news that it has begun work on a new supercenter in Chatham. According to the company, the store will give more options to residents of Chicago's South Side neighborhood while at the same time creating approximately 400 jobs.

It’s a good thing Target is preparing a major relaunch of its digital platform considering traffic to the company’s website has decelerated this year, according to online measurement firm comScore, which publishes a monthly list of the top 50 U.S. Web properties. Target climbed back into comScore’s to 50 ranking in June with 23.8 million unique visitors.

New Delhi, India -- A Monday report by Bloomberg said that an Indian governmental panel recommended easing market-entry restrictions, making Wal-Mart Stores’ and Carrefour SA’s path into the India retail market potentially much easier.

Citing a finance ministry official as its source, Bloomberg reported that a panel of New Delhi bureaucrats recommended on Friday that overseas companies be allowed to own up to 51% of stores that sell more than one brand if they invest a minimum of $100 million.

American consumers may not like inflation, but retailers are enjoying the favorable impact rising prices have on their same-store sales calculations. It was evident last month when most retailers reported healthy comp increases, and more of the same could be in store for July as it appears retailers are effectively passing through increased prices to shoppers.

VANCOUVER, British Columbia — PNI Digital Media on Monday announced an agreement with Walgreens to provide and operate an online stationery service for the Chicago-based pharmacy.

The service will allow Walgreens customers to create and customize unique cards, invitations and other printed material, including personalized photo books and photo calendars, wedding invitations and business cards.

San Francisco -- Wal-Mart Stores said Friday it agreed that women planning potential gender-bias suits, after a group lawsuit was rejected by the Supreme Court, should get an extra 90 days to file their cases. Opposing lawyers are seeking to extend the filing deadline by 120 days.

Appearing at number 21 on this year’s ranking of the 50 most powerful people in the food industry is Target chairman, president and CEO Gregg Steinhafel. Compiled by Supermarket News, Steinhafel is probably ranked about where he should be considering the company’s position in the hierarchy of food retailers and other people in positions of power whose actions influence impacts the food universe. Click here to view the list.

CHICAGO — Just days after announcing a cooperation agreement with Nielsen, Walmart has entered a new relationship with SymphonyIRI Group, through which the two will develop a solution that supports the retailer's customer-centric initiatives.