Walmart news 

19 March 2013
Walmart de México y Centroamérica is to invest USD30m in Nicaragua in 2013, which will be directed at new store openings. Maintaining levels of investment According to local press reports, the retailer will invest in seven new outlets in Nicaragua, to add to its existing portfolio of discount stores and supermarkets.  Corporate affairs manager Eduardo García said the rate of openings would ...
01 March 2013
South Africa-based Massmart, in which Walmart has a stake, has said that during the six month period ending 23 December sales rose by 14.7% to ZAR36.2 billion. Growth seen across all operations The company said that comparable sales were up by 7.3% during the timeframe, aided by an average inflation rate of 3.7%. At a divisional level, Massmart said that its Massdiscounters division had seen ...
25 February 2013
Walmart de Mexico is to invest around $1.4bn in 2013 in expanding its operations in Mexico and Central America. Store growth across existing and new cities Although Walmart de Mexico did not reveal how many stores would open as a result of this investment, total space growth will be between 7.8% and 8.7%. In Mexico , space growth is forecast to be between 8% and 9%, and around 6% in Centr...
21 February 2013
Walmart's full year results, for the year to January 31, 2013, have revealed consolidated net sales growth of 5.0% for the full fiscal year 2013, to $466.1bn. Operating income increased by 4.7%, with income from continuing operations attributable to Walmart increasing by 7.8% to $15.8bn. The retailer made progress towards its five-year goal of reducing operating expenses as a percentage of s...
21 February 2013
Following Asda's results presentation, we draw out the five key themes that we believe will drive growth for Asda in 2013. Investing for customers in a tough market: "EDLP is in our DNA" This was one of the core elements of Asda's focus in 2012 and in particular in Q4, and this will remain a key priority in 2013. At the results session, Andy Clarke explained "our customers continue to tell ...
18 February 2013
Building on an internal test in 2012, The Denver Channel has reported that Walmart is now testing its scan and go app with shoppers in around 40 stores in Colorado. Customer test builds on earlier internal evaluation Last September, Walmart employees at a supercentre in Rogers, Arkansas, participated in a test which enabled them to use their own smartphones to scan their shopping. It now...
11 February 2013
Walmart de México y Centroamérica has announced changes in its supermarkets and speciality stores divisions, as part of moves to simplify the organisation structure. Long-standing Walmart executives moved to new roles Renzo Casillo has been named executive vice president and CEO of Walmart  Supermarkets in Mexico .  His responsibilities will include the Bodega Aurrerá, Walmart Supercente...
05 February 2013
The Argentine government has reached an agreement with the country's largest retailers to freeze prices for two months.  Freeze to last until 1 April Members of the United Supermarkets Association (ASU) have agreed to keep prices unchanged until 1 April, following a meeting with Argentina's domestic trade secretary, Guillermo Moreno.  The agreement has been backdated to take effect as o...
31 January 2013
With the 47th Superbowl taking place next Sunday, February 3rd, the major US grocery retailers are focusing this week on maximising the trading opportunities. As the largest sporting event in the US, and one of the largest globally, what are the key focus areas for the retailers? Game themed flyers used almost universally With weekly flyers a key promotional tool for retailers in the US , m...
23 January 2013
Following the recent flurry of results from international retailers, we summarise the performances of Carrefour, Tesco, Walmart, Metro and Auchan in the Chinese market. Carrefour - new store openings fuelling growth In the fourth quarter, Carrefour saw sales in China  grow at 0.7% (at constant exchange rate). The addition of new stores offsets negative like-for-like sales of -3.1%. How...