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Retail
Asda names McKenna as chief operating officer
Judith McKenna has been named chief operating officer of Asda, Britain’s second-biggest supermarket group by market share, succeeding former Tesco executive Simon King, who left after only six months in the post.Ms McKenna is Asda’s finance director and seasoned...
Retail
Walmart wants to invest in Bihar: Sushil Modi
Even as the Centre is considering a calibrated roll out of foreign direct investment in multi-brand retail in large metros, the world’s largest retail chain —Walmart — has expressed interest in investing in Bihar. “Last week, people from the...
Retail
Walmart Japan chief steps down
Walmart's chief executive in Japan has resigned suddenly, just over a year after he assumed the post, creating uncertainty about the US retail group’s strategy in the country.Toru Noda became chief executive of Walmart Japan and Seiyu, its Japanese...
Retail
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...
Retail
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...
Retail
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...
Retail
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...
Retail
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...
Retail
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...
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...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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