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Showing posts with label Wal-Mart. Show all posts
Showing posts with label Wal-Mart. Show all posts

June 26, 2015

Wal-Mart has a massive plan that should terrify Whole Foods, Kroger, and Trader Joe's

Wal-Mart is gearing up to dominate the grocery business. The retailer's smaller-format stores, called Neighborhood Markets, are a major threat to traditional supermarkets like Whole Foods, Kroger, and Trader Joe's, and they are expanding rapidly, according to Moody's analysts.

November 14, 2014

Asda sees sales fall as 'shockwave' hits supermarkets

Sales at Asda have fallen, hit by what the retailer called "a shockwave" in the supermarket sector. Asda, which is owned by US grocery giant Wal-Mart, said sales at stores open more than a year were 1.6% lower in the third quarter, compared with the previous three months.

August 25, 2014

Family Dollar rejects rival's $9.7bn takeover bid

Family Dollar, the US discount retailer, has rejected a $9.7bn (£5.8bn) bid from larger rival Dollar General. Family Dollar said the offer could face competition issues and "did nothing to address" the matter.

August 17, 2014

May 18, 2014

Wal-Mart blames cold weather for fall in profits

The world's largest retailer, Wal-Mart, has reported a fall in profits due to particularly cold winter weather.

February 21, 2014

Wal-Mart reports fall in quarterly profits

The world's largest retailer, Wal-Mart, has reported a 22% drop in quarterly profit and given a weaker-than-expected earnings forecast for the coming year.

February 02, 2014

Wal-Mart lowers profits guidance

Wal-Mart has trimmed its trading outlook for this year, citing a range of one-off costs including the closure of some stores in China.

January 03, 2014

Wal-Mart recalls donkey meat in China

Wal-Mart has recalled a donkey meat product in China after tests showed that it contained DNA of other animals.

August 28, 2013

Wal-Mart to cover benefits for domestic partners

Wal-Mart will offer health insurance benefits to same-sex couples and domestic partners starting in 2014.