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Walmart

  • Working with Walmart: What suppliers really think

    If the eyes are the window to the soul, then Walmart’s suppliers are the window to its future thanks to the truly unique relationship the retailer enjoys with its trading partners. Walmart brought new meaning to the concept of collaboration when it pursued a strategy of data transparency decades ago that enabled fact-based decision making.

  • Wal-Mart to close Moscow office

    Bentonville, Ark. - Wal-Mart Stores Inc. is closing its Moscow office but said it is still interested in the Russian market.

    The retailer said Monday that it has been looking to enter the Russian market through an acquisition, but has not found a near-term opportunity so it does not need the Moscow office at this time.

  • Report: Wal-Mart to stop overtime pay for Sunday hours

    New York City -- Wal-Mart Stores will stop paying an additional $1 an hour for working Sundays, taking a bite out of its single biggest expense, Bloomberg reported. The change will take effect at Walmart stores, Sam’s Club outlets and warehouses.

    The move, which takes effect next year, applies only to associates hired after Jan. 1, the report said. It wouldn’t affect the retailer’s current U.S. staff, which numbers approximately 1.4 million.

  • Supreme Court to hear Wal-Mart appeal in gender bias case

    Washington, D.C. -- The U.S. Supreme Court on Monday agreed to decide whether to certify the largest class-action employment discrimination lawsuit in U.S. history, a long-standing dispute involving Wal-Mart Stores and alleged gender bias in pay and promotions.

  • Wal-Mart sues CVS over hiring of former exec

    New York City -- Wal-Mart Stores has filed suit against CVS Caremark Corp. to prevent CVS from hiring former Wal-Mart executive Hank Mullany, according to a Friday report by Bloomberg.

    CVS’s hiring of Mullany, former president of Wal-Mart’s northern U.S. division, would violate a noncompete agreement, Wal-Mart said in the complaint filed Thursday in Delaware Chancery Court.

    According to Wal-Mart’s complaint, CVS has indicated that it intends to hire Mullany without regard to the agreement.

  • Kantar report: Same-store sales get big lift, thanks to promotions

    Columbus, Ohio -- Kantar Retail said Thursday that same-store sales got a big lift to 6% growth in November from a strong promotional environment, as well as from an easy year-ago comparison period and shifting shopper spending intentions.

    The sales-weighted composite for the 30 retailers reporting -- most of them apparel retailers -- was better than the 1.7% same-store sales gain last month and the 0.9% gain in November of 2009 for the same measure. (The calculations don’t include Walmart, which stopped reporting monthly results in April 2009.)

  • Water Mart to open at Orange Grove Village

    Tucson, Ariz. -- Commercial Retail Advisors said Tuesday that water purification retailer Water Mart has signed a lease for a new store in Orange Grove Village, in Tucson, Ariz.

    The retailer is relocating from its current site in the local Wal-Mart Neighborhood Market Center to the new 1,200-sq.-ft. space.

    The new store is slated to open in mid-December.

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