Walmart news 

30 January 2014
Walmart has expanded the scope of its grocery e-commerce test in Denver to include pick-up from store for customer orders, in addition to home delivery. Customer pick-up enhances the convenience of grocery e-commerce Having run a test of grocery e-commerce, Walmart-to-Go, in the San Francisco area for a number of years, Walmart launched a new test in Denver last October. In contrast to the ...
28 January 2014
Walmart has announced a new $10m fund which will support manufacturing innovation and suppliers’ commitments to produce in the US. Grants will be given to manufacturing innovators At the US Conference of Mayors meeting in January, a date of March 2014 was set to launch this project. Walmart and the Walmart Foundation will fund the five-year program, working closely with the US Conference o...
23 January 2014
The Argentine government has introduced restrictions on online shopping, as it seeks to stop its reserves of foreign currency falling further, while the Venezuelan government is implementing changes to its foreign currency system.  No more home deliveries Argentine customers buying from websites like eBay and Amazon will no longer have their purchases delivered to their home addresses. ...
22 January 2014
Asda is set to increase its non food range by extending its George clothing brand into homewares under a distinct brand, George Home. Asda to launch George Home Asda's general merchandise department has previously featured some George items, however, the launch of George Home will see the retailer introduce 1,000 new lines bringing the retailer's homeware range to 4,000 products. The George ...
21 January 2014
We summarise the latest news as Walmart remains "steadfast" in its belief and commitment to the Indian market. Walmart registers new company in India The Economic Times reports Walmart has registered a new company in India. Registration took place on 15 January, under the name "Walmart India Private Limited".  This follows the end of Walmart's partnership with Bharti, and Walmart's buy...
16 January 2014
South Africa-based, Walmart-owned Massmart has announced full year results for the 53 week period to 29 December 2013, saying total sales rose 9.7% to ZAR72.2 billion (US$6.6 billion). Growth seen across all divisions Massmart said that it had enjoyed sales growth in all its subsidiaries. The retailer said that, when comparing 52 week periods in 2013 and 2012, it had enjoyed total sales growt...
13 January 2014
Walmart has made a number of leadership and organisational changes within its International division, as reported by The City Wire . Changes made as new CEO sets to take leadership of the Company These changes have been made at Walmart  as Doug McMillon is about to take up the CEO role in February, with David Cheesewright replacing him as the President & CEO of Walmart International. One o...
07 January 2014
Walmart de México y Centroamérica has reported 3.1% growth, in sales for 2013, with fourth quarter sales up 3.5% on the previous year. Mixed performance in Mexico and Central America Sales in Mexico were up 3.3%, but like-for-likes decreased by 1.3% compared to the previous year. Fourth quarter performance was similar, with sales up but like-for-likes down. In Central America, both like-f...
29 December 2013
To stimulate your thinking for 2014, six of our analysts have selected their favourite large stores of the past year. Tesco Extra (Watford, UK): creating a new future for hypermarkets? Nick Miles, Senior Business Analyst Tesco’s relaunched hypermarket in Watford was a ‘retail event of 2013’, seeing the retailer open the first of its new look ‘destination Extra’ stores and to create more...
19 December 2013
Tesco seeks approval to enter multi-brand retailing, Walmart makes a key senior management appointment and the latest cash and carry developments. Tesco applies to develop a multi-brand retail business In a statement, Tesco Asia's CEO Trevor Masters announced plans to develop its business in the Indian market through the application to extend into multi-brand retailing.  If this applicati...