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Wal-Mart Cuts Costs, Joins Suppliers to Avoid Price Rises

Wal-Mart Stores Inc the world’s largest retailer, is cutting costs and working with suppliers to delay or avoid raising prices as commodity expenses increase, the head of the company’s international unit said. “We find creative ways to work around...

South Africa’s retail community poised for major change

South African retailers and suppliers must brace themselves for a new era of retailing, warns Planet Retail in its latest report – “Walmart in South Africa: The Beginning of a New Age”. Walmart's impact is expected to be colossal...

Aldi is low-price grocery leader, finds study

Discount grocer Aldi is the low-price grocery leader, according to a new consumer study by Market Force Information, the world’s leading customer intelligence solutions company. The study was designed to uncover why consumers choose one grocer over another and...

Walmart steps up efforts to provide low prices

Walmart has announced more steps to re-establish its one-stop shopping convenience and deliver low prices every day, on everything. The retailer is reinvigorating its price leadership promise, bringing back products its customers have asked for and simplifying its ad...

ChainLinks reveals retailers’ expansion plans

North America's leading retail real estate advisory services organisation ChainLinks Retail Advisors has recently released a new report that elaborates on the current expansion plans of hundreds of retail chains in the US.“We are extremely proud to release our...

Walmart ties up with NASCAR to offer customers branded merchandise

World's largest retailer Walmart and NASCAR (National Association for Stock Car Auto Racing) have announced a partnership to give Walmart customers and race fans new NASCAR branded merchandise and special savings on tickets for select races. The new retail...

Walmart Canada to open 40 supercentres in coming fiscal

Walmart Canada has announced its plans to open 40 supercentres in the company's next fiscal, which runs from February 1, 2011 to January 31, 2012. The supercentres are expected to generate more than 9,200 store and construction jobs. Specific...

Walmart to open new stores in Virginia, Arkansas

Walmart, the world's largest retailer by sales, is all set to launch its outlets at Clearbrook Village Lane in Roanoke, Virginia, and at Shackleford in Little Rock, the capital of Arkansas, on January 26. The Roanoke Walmart will have...

Walmart to open in Niceville

Walmart is all set to launch an outlet in Niceville, Florida. The 153,283-sq.ft store will be opened at John Sims Parkway on January 26.The store manager of Niceville Walmart, Kim Stevens, said the outlet will employ around 300 associates....

Walmart to open in Godfrey, Savannah

Walmart, the world's largest retailer by sales, is all set to launch its outlets in Godfrey, Illinois, and Savannah, Georgia, on January 26. The Godfrey Walmart will have an area of 1,47,000 sq.ft, while the one in Savannah, which...
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H&M opens 61st India store in Pune

The new H&M store is located at Kopa Mall.New Delhi: Swedish fashion brand Hennes & Mauritz (H&M) has opened...
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