Walmart

Wal-Mart Stores, Inc. president and CEO Mike Duke has outlined how the mega-retailer will build what it calls “the Next Generation Walmart,” which, among other things, will create 500,000 jobs worldwide over the next five years.

Retail same-store sales excluding Walmart increased 2.7 percent last month as sales growth inched up despite the effects of a sluggish stock market and changing shopper patterns, according to Columbus, Ohio-based Kantar Retail, a global retail insights and consulting business.

Half of the over 500 households surveyed nationally by Novato, Calif.-based Q & A Research said that their impressions of both Walmart and Target are more positive as a direct result of expanded grocery inventories in many of the retailers’ superstores.

Over 30,000 shoppers found Costco to be the best of 11 of America’s most popular chain stores, a survey by Consumer Reports has found.

DemandTec, Inc., a leading provider of on-demand optimization solutions for retailers and consumer products companies, today announced that Grupo Pao de Acucar, a division of Companhia Brasileira de Distribuicao (PNA) and the largest retail group in Brazil, has renewed its subscription to DemandTec's Everyday Price Optimization software service.

Asda said yesterday it had reached an agreement with Dansk Supermarked A/S to purchase Dansk’s fully owned subsidiary, Netto Foodstores, Ltd.