Walmart news 

02 May 2014
The latest news from leading retailers in the region including South Africa-based Massmart’s positive trading update, Uchumi closing in on its entry into Rwanda and SPAR (South Africa)’s expansion in Botswana. SPAR (South Africa) to add stores in Botswana SPAR (South Africa) has announced that it is planning to acquire two stores in Botswana from Fruit & Veg City, which operate under the Food...
01 May 2014
Walmart has unveiled plans for a standalone click and collect facility for online grocery orders in Bentonville, reports The City Wire . Taking learnings from Asda-Walmart in the UK The plans for the new facility were shared at a local planning meeting in Walmart’s home city. The plans detail a 15,000 sq ft facility which will offer around 10,000 grocery products. Shoppers will order on...
30 April 2014
In the first of what will become a regular series of updates in 2014, we look at how retailers have fared in the first quarter, expansion plans for the year, and other news. Mixed start to 2014 for retailers GPA Food reported an 11.4% increase in net sales for the first quarter, with new stores one of the main contributors to growth. The wholesale business, Assaí, continues to outperf...
29 April 2014
Walmart has engaged the CEOs from more than a dozen global companies, which represent more than $100bn in sales at the retailer, to accelerate innovation in sustainable agriculture and recycling. The pledges kicked off Walmart’s inaugural Sustainable Product Expo, a three-day collaboration to expand the availability of products that sustain people and the environment. Engaging the senior le...
28 April 2014
Following a recent trip to a land of 'unorganised retail', Laura May looks at how the Indian grocery landscape is evolving as international retail players enter the market. A stark contrast to grocery retailing as some may know it, India's millions of market stalls and specialist shops, kiranas and kiosks - collectively known as 'unorganised retail' - account for around 98% of the country's gr...
25 April 2014
Walmart has announced the appointment of Greg Foran, currently president and CEO of Walmart China as president & CEO of Walmart Asia, effective June 1. Scott Price to lead international strategy and development Greg replaces Scott Price who is moving to a senior management role as executive vice president, international strategy and development, real estate, mergers and acquisitions, integ...
23 April 2014
Walmart-owned Walmex has announced first quarter results saying that net sales rose 2.1% to MXN101.4 billion (US$7.8 billion), with sales driven by growth at the retailer’s small stores. However, the retailer noted that its overall performance was held back by slower than expected economic growth in Mexico and its Sam’s Club warehouse stores. Mexico: Small stores and expansion offset contracting...
15 April 2014
In the first of this year's quarterly updates, we look at how Carrefour, Walmart, Tesco and Metro Group have started 2014, and what might lie ahead this year. Carrefour: optimistic outlook In January, Carrefour said its action plans from 2013 were yielding results , as it reported organic sales growth of 2.5%, with continued international momentum and rebounding growth in France. Loo...
14 April 2014
Walmart is introducing a new range of value-orientated organic products under the Wild Oats brand at around 2,000 stores in the US. Products to be sold under three key brands Under this initiative, Walmart will introduce around 100 products at affordable price points, offering savings of around 25% compared to national brand organic products. The products will cover a broad range of categ...
11 April 2014
South Africa-based, Walmart-owned Massmart has announced that its chief executive, Grant Pattison, is stepping down and will be replaced by the retailer’s existing chief operating officer, Guy Hayward. Pattison steps down after seven years as CEO Grant Pattison will step down as Massmart’s CEO on 1 June 2014, after seven years in the role. Discussing the decision, Pattison said: “ I have been...