Walmart news 

08 June 2013
The final day of IGD’s trip to Bentonville included the Annual General Meeting, the focal point of its shareholders week, with a high energy early morning meeting of 14,000 Walmart associates and shareholders. Senior execs then also gave a Q&A with analysts. Shareholders' Meeting As always, the event included some big name acts including host Hugh Jackman and performances from John Legend, K...
07 June 2013
Day two of IGD’s trip to Bentonville included a visit to a Walmart Distribution Centre, a Supercenter and meetings and Q&A with key Execs. Key highlights are as follows: Key Insights from Day Two 1. Distribution Centre Tour DC #6094 is a Regional DC serving 130 Walmart Supercenters, discount stores, Neighborhood Markets and Walmart Express stores in parts of Arkansas, Missouri, Oklahoma a...
06 June 2013
IGD is in Bentonville this week to cover the annual Walmart Associates and Shareholder event. It’s a key week in the Walmart calendar, bringing together media, analysts, shareholders and associates for an update and celebration of everything Walmart. Today we attended a session at Sam’s Club as well as several presentations with key Walmart Execs. Key Insights from Day One 1. Sam’s Club: Se...
04 June 2013
Walmart has launched a series of fresh produce-focused initiatives in the US, including a new money back guarantee and changes to sourcing, training and operational processes. Extending the reach of its offer These are a comprehensive range of measures, designed to help Walmart build on its leading position in the fresh produce category. This has been a key focus for the retailer through ...
04 June 2013
In the second of this year's regular updates on the world's top retailers, we look at recent developments at Carrefour, Tesco, Metro and Walmart. We see how they have fared so far in 2013, and examine some strategic changes to position the retailers for the future. Carrefour CEO discusses his vision Group CEO Georges Plassat has discussed recent initiatives and what they mean for Carr...
22 May 2013
Speaking at the company’s AGM, Massmart’s chief executive, Grant Pattison, discussed its recent sales performance and strategic decisions up until now. Total sales up 9.8% Pattison said that in the first 21 weeks of the 2013 financial year Massmart’s total sales rose 9.8%, while comparable sales were up by 5.6%. The retailer’s total sales growth was driven by its Masswarehouse and Massdiscoun...
20 May 2013
More than 40 years after the first mobile phone call, mobile technology is still transforming our working and living environment; scan and go systems are making life easier for shoppers and blurring the lines between the online and in-store experience. Two thirds of us sleep with our mobile phones beside us, by 2020 more than five billion people will be on the web and 10 billion people will...
16 May 2013
Walmart's total net sales for the first quarter increased by 1.0% to $113.4bn, with growth led by its international division, where sales increased by 2.9%. In the US, Sam's Club delivered a 0.5% increase in sales (ex-fuel), while at its core US stores operation sales grew 0.3%.  Comp store sales at its US stores declined by 1.4% (ex-fuel). Operating income over the period increased by...
15 May 2013
@WalmartLabs has made two further acquisitions, OneOps and Tasty Labs, to boost its capabilities in platform and cloud development and social integration. Adding technology and talent through acquisition These latest acquisitions represent a continuation of @WalmartLabs’ strategy to build its team by strategically adding technology and talent through key acquisitions. The acquisition of One...
06 May 2013
Walmart has launched a TV and digital advertising campaign to demonstrate how it helps US shoppers to save money, creates career opportunities, generates efficiencies and works with manufacturers to help deliver lower prices. Focusing on the opportunities driven by saving money The initiative, which also includes a new website, therealwalmart.com, features a TV ad where Walmart uses its ow...