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Walmart

  • Wal-Mart Shares Boosted by Analyst Upgrade

    BENTONVILLE, Ark. -- Shares of Wal-Mart Stores were up 2.96 percent yesterday, closing at $49.45, after Banc of America Securities upgraded the retailer based on its new merchandising strategy coupled with its outlook of improved margins from an accelerated sourcing program.

  • Wal-Mart to Exit South Korea

    BENTONVILLE, Ark. -- The world's largest retailer is selling its South Korean retail business after determining that it won't achieve the scale it desired. Mike Duke, vice chairman of Wal-Mart Stores, Inc., said yesterday that Shinsegae Co. has agreed to purchase the company's South Korean retail business for US $882 million.

  • WakeUpWalMart.com Criticizes Target's Changes to Employee Health Care

    WASHINGTON -- Wal-Mart opposition group WakeUpWalMart.com is asking Minneapolis-based discount chain Target Corp. to reconsider its proposed changes on employee health care.

  • Consumers Want More Dynamic Supermarkets: Study

    WESTPORT, Conn. -- Shoppers would like more dynamic and exciting companies such as Starbucks, Whole Foods, Nordstrom's, or Disney to take over and run their local supermarkets, according to a research study conducted by New England Consulting Group (NECG) here.

  • ACNielsen Looks Into its Crystal Ball, Makes Retail Predictions for 2010

    PALM DESERT, Calif. -- RFID gains ground, Wal-Mart hits $500 billion, metal detectors at supermarket entrances -- these are some of the predictions made by market research firm ACNielsen at its Consumer 360 Conference yesterday.

  • Middle-class Consumers Find Better Bargains at Discounters, Warehouse Clubs: Survey

    BOSTON -- A new survey commissioned by The Boston Consulting Group (BCG) here showing the key role that bargain hunting plays in American middle-class consumers' lives yielded the information that such consumers say they're most likely to find high-quality bargains online, at discounters or at warehouse clubs, but very rarely at traditional department stores or neighborhood boutiques.

  • More Wal-Mart Supercenters Coming to Ohio

    BENTONVILLE, Ark. -- Supermarket operators in Ohio, take heed: Six Wal-Mart Supercenters are coming to a neighborhood near you on May 17. The stores are located near Cincinnati (Forest Park and Fairfield Township), Springfield, Bowling Green, and Upper Sandusky. Three of the stores are new facilities, and three are expanded or relocated stores.

  • Senate Staffer Frisina Joins Ohio Grocers Association

    COLUMBUS, Ohio -- Katherine Frisina, a former legislative aide to Sen. John Carey (R-Ohio), has joined the Ohio Grocers Association as director of government relations and public affairs, where she'll be responsible for managing OGA's government and media relations.
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