Walmart news 

26 November 2013
With the announcement that Doug McMillon will be leading Walmart as president and CEO from next February, Stewart Samuel takes a look at the key areas of focus across its core US stores and Walmart International divisions. While we expect a high degree of continuity in the overall strategic direction, there are a number of initiatives which may be accelerated under the new leadership. ...
25 November 2013
Walmart has announced Doug McMillon will succeed Mike Duke as president and chief executive officer, effective February 1, 2014. Doug is currently president and CEO of Walmart International, a position he has held since 2009. Internal appointment ensures continuity and consistency The appointment of Doug McMillon continues Walmart’s tradition of internal appointments to the role of CEO. He...
20 November 2013
Walmart is launching a pre-Black Friday savings event this week, lowering prices on a range of products to match selected Black Friday offers at Target, Toys R’ Us and Best Buy, one week early. Aiming to minimise the impact of its competitors on Black Friday With Walmart and its competitors announcing their key Black Friday promotions last week, this has provided the retailer with the oppor...
18 November 2013
Walmart reported international sales growth of 0.2% for Q3 last week. We take a closer look at its performance in Latin America. Central America outperforming Mexico Consolidated net sales increased by 2.2%, led by Central America where sales were up 4.8%. In Mexico, sales were up 1.7% over last year, but the economic slowdown affected comparable store sales which were down 2.8%. Walmex's ...
15 November 2013
Grocery retailers globally continue to channel investment into the development of their fresh food offers. With the goal of driving stronger traffic, improving the store experience, and providing shoppers with inspiration, store formats and concepts are being developed which bring this to life. As a recognised strength for North American retailers, our latest insight presentation, Seven prin...
14 November 2013
Walmart’s Q3 results reveal continued weakness in its core US stores with total sales up 2.4%, and comp store sales, a key benchmark indicator, down 0.3%, in line with the previous quarter. Total and comp store sales at Sam’s Club were up 1.1%, while internationally, sales growth remains tough, up 0.2% in the quarter. However, all business units grew operating income ahead of sales. Tota...
13 November 2013
Walmart has revealed plans for its largest ever Black Friday promotional campaign, including special events on Thanksgiving itself. .style1 { text-align: center; }.style2 { text-align: right; font-size: x-small; } Setting the pace with earlier opening hours and more promotions Walmart is seeking to ‘own’ Black Friday by significantly increasing the number of one-hour guaranteed items com...
12 November 2013
Mncane Mthunzi, group supplier development executive at Massmart, has highlighted both the opportunities and difficulties for retailers looking to operate in Nigeria, in a speech to WRC Africa. Nigeria provides a huge market and potential… Mthunzi underlined the size of opportunity provided by Nigeria: it is a market of more than 170 million people and home to ‘ one of the world’s fastest-gro...
11 November 2013
Walmart is to build and test a small-format convenience store in Bentonville, a company spokesperson told The Northwest Arkansas Business Journal . Opportunity to take learnings from the wider business Walmart's new store, which will be located on a fuel station, is scheduled to open early next year and will offer a range of convenience orientated products and key staples. This will be th...
05 November 2013
Walmart is testing a new entry-level private label brand in a small number of markets in the US. The ‘Price First’ range is focused on core staples including peanut butter, vegetable oil and biscuit wafers. Simple design for shelf-edge impact The basic design, featuring clear product descriptions, a strong colour block, and the use of product line drawings, will help ensure a strong presence...