Walmart

STELLARTON, Nova Scotia ¿ Sobeys, Inc., Canada's No. 2 supermarket chain, reported yesterday an increase in second-quarter profit that fell short of analysts¿ expectations, and acknowledged the need for continuous cost-cutting in such a highly competitive market.

TOKYO - A Wal-Mart spokeswoman here confirmed yesterday that Wal-Mart is interested in acquiring Daiei, a cash-strapped Japanese supermarket operator that is undergoing government-guided rehabilitation.

NATICK, Mass. - BJ's Wholesale Club, Inc. named John R. Roberts as its new s.v.p. of real estate and property development. In his new post, Roberts will be responsible for the company's real estate division, reporting to BJ's president and c.e.o. Michael Wedge.

BENTONVILLE, Ark. - Wal-Mart Stores, Inc. said yesterday that Thomas M. Coughlin, vice chairman of Wal-Mart Stores, Inc., would retire effective Jan. 24, 2005, after more than 25 years with the retailer.

Brightening up a dull category with innovative products and savvy selling strategies can help retailers clean up in the laundry detergent aisle.

Having finally broken the cookie-cutter mold, Food Lion's management is building its future on a lot more than just price.

HONG KONG - Wal-Mart hopes to open at least 11 new stores in China next year as the country eases restrictions on foreign retailers under World Trade Organization requirements, a Wal-Mart executive said yesterday.

The squeeze on smaller operators will continue into 2005, but these merchants have strategies for staying ahead of the pack.