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…
Top 30 North American grocers to generate $209B in private-label sales by 2014
September 15, 2010 By Leave a Comment
Wal-Mart seeks US govt help in getting into Indian retail market
May 31, 2010 By Leave a Comment
The world’s largest retailer Wal-Mart has solicited support from the US government for entering the multi-billion dollar Indian retail market, where foreign investment norms are posing hurdles to its entry. The US-based Wal-Mart Stores, one of the world’s top revenue grossers with over $400 billion of total annual sales and present in 15 countries, is [...]
Can pump in more than $2bn if FDI rules are eased: Bharti Retail
May 28, 2010 By Leave a Comment
Bharti Enterprises group company Bharti Retail, which is on track to invest $2 bn by 2018 said it may scale up its investment if the government relaxes FDI norms in the retail sector. “If the rules for the game are changed, we can also revisit our plans,” Bharti Enterprises Vice-Chairman and Managing Director Rajan Mittal [...]
Court lets Wal-Mart gender bias suit proceed
April 30, 2010 By Leave a Comment
A sex-discrimination lawsuit by female employees of Wal-Mart Stores Inc can proceed as a class-action case seeking back pay and other claims against the U.S. retailer, a U.S. appeals court ruled on Monday. Wal-Mart, the world’s largest retailer, had asked the Ninth Circuit Court of Appeals in San Francisco to undo class-action certification in what [...]
Wal-Mart ready for multi-branded retailing if rules eased
April 30, 2010 By Leave a Comment
The world’s largest retailer, Wal-Mart, on Tuesday said it is ready to enter multi-branded retail segment in India within a year of any government decision to open up the sector to foreign direct investment. “In case the government decides to allow FDI into multi-branded retailing we will be happy to participate in it. We can [...]
Bharti Walmart to foray into south, west India within 2 yrs
April 14, 2010 By Leave a Comment
Bharti Walmart, the 50:50 joint venture between Bharti Enterprises and US-based Walmart Inc, on Tuesday said it will enter the southern and western parts of India within the next 18-24 months as it looks to expand presence in the country. The wholesale firm had earlier announced plans to have 10-15 outlets within the next three [...]
Walmart to make India major sourcing market
April 14, 2010 By Leave a Comment
Walmart, the world’s largest retail player, today said it will increase sourcing from India for its global operations and expects the country to become one of its major suppliers within 4-5 years. ”We see India as a mega place for our worldwide sourcing. Indian products can be exported to other Asian countries, Europe and even the [...]
Walmart enters web movies, buys VUDU, to compete with Netflix
February 23, 2010 By 1 Comment
Wal-Mart Stores Inc will buy the fledgling Vudu online movie on-demand service, in a deal expected to close within weeks and pit the world’s largest retailer against the likes of Netflix Inc. Wal-Mart hopes to combine Vudu’s technology with its own scale and expertise to get into a burgeoning market staked out by Netflix and [...]
Has Wal-Mart beat recession?
February 15, 2010 By 1 Comment
Wal-Mart Stores Inc’s quarterly results will show whether the company gained ground during the critical holiday sales period and if its retail strategy is holding onto its shoppers. The world’s largest retailer will report fourth-quarter results on February 18, and investors want to see if it was able to overcome holiday price wars and deflationary [...]
If Walmart Sells At Retail Price, Then How Can They Have “always Low Prices”?
October 13, 2009 By 7 Comments
It doesn’t make sense. Walmart sells stuff at retail price, so how can they have low prices? All the other stores have the same price as Walmarts merchandise. Is the “Always Low Prices” slogan a psycholigical ploy?
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