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Mass Merchant

  • NPD: More consumers to spend same or more this holiday versus last year

    Port Washington, N.Y. -- The majority of consumers intend to spend the same (67%) this holiday season than last year, and 10% plan to spend more while fewer that say they plan to spend less, according to the NPD Group’s 11th Annual Holiday Survey.

  • Walmart to unions: "That’s all you got?"

    Organized labor was crowing this week about a protest, or was it a strike, involving 88 Walmart employees at 28 stores in 12 states who didn’t show up for work on Tuesday.

  • And the most passionate presenter award goes to…

    Neil Ashe, president and CEO of global e-commerce was clearly the most excitable person on stage Wednesday at Walmart’s 19th annual analysts' meeting. And for good reason.

    Walmart created its global e-commerce group two years ago and Ashe joined the company back in January. Wednesday was his first opportunity to participate in the company’s annual analysts’ meeting and he made the most of it, slipping in a first ever reference to Walmart’s online revenues that now total $9 billion.

  • Walmart spends less to grow more

    BENTONVILLE, Ark. — The pace at which Walmart adds new selling space globally will remain unchanged next year, but improved productivity, more U.S. stores and expanding multichannel capabilities are expected to produce sales and profit growth.

  • Carrefour Q3 revenue up

    New York -- Carrefour SA reported that its revenue edged up in its third quarter, driven by strong sales in its convenience stores and markets in Asia and Latin America.

    The company said Thursday that sales rose 2.1% to €22.6 billion ($29 billion) in the July to September quarter.

    Recessions in Spain and Italy impacted Carrefour’s revenue in Europe, where sales were down 2.2%. Sales in Asia and Latin America increased, however, rising 12.3% and 5.2% respectively.
     

  • Major surgery on rollback at Walmart

    BENTONVILLE, Ark. — Walmart is introducing a first-of-its-kind Centers of Excellence program that will offer its associates quality health care with no out-of-pocket cost for heart, spine and transplant surgeries at six of the leading hospital and health systems in the United States. 

  • Consumers plan to spend more this holiday season, NPD finds

    PORT WASHINGTON, N.Y. — It seems that consumers' holiday spending intentions are more positive than last year, according to NPD's 11th annual holiday retail study.

  • Walmart expands health benefits to cover heart and spine surgeries with no out-of-pocket costs

    Bentonville, Ark. -- Walmart is expanding its Centers of Excellence program to offer its associates health care with no out-of-pocket cost for heart, spine, and transplant surgeries at six of the nation’s leading hospital and health systems.  

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