Mike Duke
Retail
Walmart struggles to shift from bricks to clicks
Since Walmart first ventured into the Internet 15 years ago, the Bentonville, Ark., company has struggled online. Early on, Walmart.com featured a clunky digital version of the greeter who welcomes shoppers at each store. Even in the Web's early...
Retail
Wal-Mart Plans to Accelerate Openings of Mid-Sized Stores
Wal-Mart Stores Inc the world’s biggest retailer, plans to accelerate the opening of its mid- sized Walmart Market stores, said U.S. stores chief Bill Simon. Wal-Mart will open 90 to 100 of the stores in the year ending in...
Retail
Walmart sets up London team to lead European drive
Walmart, America's cheap and cheerful retailer, is setting up a London team to launch into Europe.The $193bn US retail giant, which is finalising the details of buying a South African grocery chain this week, will bring a team to...
Retail
Wal-Mart boosts annual dividend by 21 per cent
The Board of Directors of Wal-Mart Stores Inc has approved an annual dividend of USD 1.46 per share, a 21 percent increase from the USD 1.21 per share paid during FY'11. For the current fiscal year, ending January 31,...
Retail
Wal-Mart Q4 net sales up 2.5 per cent at $115.6 bn
Wal-Mart Stores Inc has reported net sales of $115.6 bn for the fourth quarter ended January 31, 2011, up 2.5 per cent from $112.8 bn in the corresponding quarter last fiscal.Net sales for the fiscal year 2011 were $419...
Retail
Wal-Mart Stores elects new CFO
The board of directors of Wal-Mart Stores Inc has elected Charles Holley to succeed Tom Schoewe as the company's new chief financial officer (CFO). The change will be effective from November 30, 2010, and Schoewe will stay on until...
Retail
Bill Simon appointed as president and CEO of Walmart US
Wal-Mart Stores Inc has announced that Bill Simon has been promoted to president and CEO of Walmart US, while vice chairman Eduardo Castro-Wright has been appointed president and CEO of Global.com and Global Sourcing. Castro-Wright, who will also continue...
Retail
Wal-Mart to eliminate GHG emissions by 2015
Wal-Mart has announced its plans to eliminate 20 million metric tons of greenhouse gas (GHG) emissions from its global supply chain by the end of 2015. This represents one-and-a-half times the company's estimated global carbon footprint growth over the...
Retail
Wal-Mart revenue dips 1.4%, income at $3.44 bn
Wal-Mart Stores Inc on Thursday reported second-quarter income virtually unchanged from a year ago, but results beat Wall Street expectations. The world's largest retailer also raised the low end of its profit outlook as it benefits from a series...
Retail
Wal-Mart posts quarterly profit fall despite record sales
Wal-Mart, the world's biggest retailer, has reported a 7.7 per cent fall in fourth quarter profits after being hit by the costs of legal action and exchange rates, reports Retail Week.According to the report, the retailer has posted a...
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Blur India: Scaling clean beauty to new heights
The brand aims to achieve a revenue target of Rs 12–14 crore in the coming year by expanding its...
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