Wal-Mart Stores Inc will double the money it spends with women-owned businesses, train women around the world and push major suppliers to use more women and min
Walmart Gets First Foothold In Africa
June 3, 2011 By Leave a Comment
Walmart the world’s biggest retailer, has gained its first foothold in Africa despite fierce opposition from trade unions. South Africa’s competition tribunal approved the multinational corporation’s $2.4bn (£1.5bn) bid for
South Africans Left Divided As Walmart Muscles Its Way In
December 5, 2010 By Leave a Comment
The world’s biggest retailer already has tills ringing across the Americas, Europe and Asia. Now the sprawling Arkansas-based discount megalith Walmart is trying its luck in Africa. South Africa’s labour movement is bracing itself
India, China Presence Tops Global Retail Cos’ Priority List
November 7, 2010 By Leave a Comment
The World Retail Congress in Berlin had industry representatives from across the world discussing and deliberating on a variety of topics — efficient supply chain, sustainable business model and even digital. Also, on top of the agenda was expansion of retail footprint.
Allow 100% FDI In Retail To Contain Inflation: Walmart
October 27, 2010 By Leave a Comment
Pitching for 100% FDI in the Indian retail sector , US retail giant Walmart on Monday said such a move will help contain inflation. “This will also enable Walmart to increase
Bharti Walmart Wants Further Easing Of Norms On Group Sourcing
October 3, 2010 By 1 Comment
Bharti Walmart today said the government should allow FDI-backed wholesale firms to sell more than 25 per cent of their total turnover to a group retailer. Reacting to the government’s move to allow retailers to sell items bought from FDI-backed group wholesale firms to consumers…
FDI In Multi-Brand Retail Won’t Get Nod From Finmin
September 30, 2010 By Leave a Comment
The finance ministry is arriving at a consensus to reject a proposal mooted in government to permit foreign direct investment (FDI) in multi-brand retailing. A top source in the ministry told…
Wal-Mart, Bharti JV To Open 15 Outlets In Wholesale By 2011
September 29, 2010 By 3 Comments
Global retail giant Wal-Mart in its joint venture with plans to open 15 outlets in its wholesale format by end-2011, a top company official said. The company currently operates…
Bharti Retail To Enter Western India Soon
September 28, 2010 By Leave a Comment
Bharti Retail will soon enter western India with its first hypermarket in Mumbai, said an executive close to the development. It has signed a 60,000 sq ft store in…
Top 30 North American grocers to generate $209B in private-label sales by 2014
September 15, 2010 By Leave a Comment
A report released late Tuesday by Planet Retail found that private-label sales at the Top 30 grocers are set to increase 40% to $209 billion by 2014, accounting for…
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