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Wal-Mart de Mexico completes central America acquisition

Retailer Wal-Mart de Mexico (WMMVY) completed the acquisition Monday of Wal-Mart Centroamerica from its parent company Wal-Mart Stores Inc. (WMT) and regional investors.Walmex, as the Mexican unit of Wal-Mart is known, said it issued 604 million shares and paid...

Scott Price named as president and CEO of Walmart Asia

Wal-Mart Stores Inc., has announced that Scott Price has been named executive vice president, president and CEO, Walmart Asia. In this role, he will report directly to Doug McMillon, president and CEO, Walmart International, and have responsibility for the...

Best Price Modern Wholesale to open on May 30, 2009

The scheduled launch of Wal-Mart Stores Inc’s first cash-and-carry store in India that was delayed for violence in Punjab is set to open on May 30, 2009 in Amritsar, according to company press release. The store named Best Price...

Bharti Wal-Mart’s store launch delayed

The proposed launch of Bharti Wal-Mart’s maiden cash-and-carry wholesale store, 'Best Price Modern Wholesale' has been delayed due to the outburst of violence across Punjab over the gunfiring and killing of a Sikh religious leader and leaving several seriously...

Wal-Mart offers $1 program

Wal-Mart Stores Inc is offering aisles filled with merchandise priced at USD 1 and taking other steps to boost sales in its second quarter, an executive said in an interview on Thursday.Earlier in the day, the world's largest retailer...

Wal-Mart celebrating Earth Month; launches eco friendly bags in India

In an effort to create awareness about green environment, the US retailer Wal-Mart plans to unveil a number of earth friendly products as part of celebrating global Earth Month this April. As part of the plan, Wal-Mart has unveiled...

Bharti Wal-Mart to roll out first store in May

Bharti Wal-Mart Pvt. Ltd, a joint venture between Bharti Enterprises and Wal-Mart Stores Inc, will open its first wholesale cash-and-carry store in Amritsar in May, Bharti Enterprises vice-chairman and managing director, Rajan Bharti Mittal told NewsWire18 on Monday.“In all,...

Wal-Mart International appoints Doug McMillon as new President, CEO

Supermarket chain Wal-Mart stores has announced the appointment of Doug McMillon as the new President, CEO of Wal-Mart International from February 1. Presently, McMillon is the president and CEO of Sam's Club. McMillon will replace Mike Duke, who was...

Wal-Mart joins retail trade group in Russia

The Russian retail association, a lobbying organisation has said that Wal-Mart Stores had joined the group in the latest in a series of moves indicating its interest in expanding into Russia, reports The New York Times.“Wal-Mart is working on...

IIT Bombay to offer retail courses

In an effort that could lead to shape the retail career of aspiring students, Indian Institute of Technology (IIT) Bombay is all set to offer certificate programmes in supply chain management. The programme which is scheduled to start from...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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