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Walmart

  • Gigante USA Eyes Hispanic Shoppers in U.S.

    SANTA ANA, Calif. - Mexican supermarket chain Gigante is setting its sights on becoming the supermarket of choice for Latino customers in the United States, according to a report by The Orange County Register.

  • Wal-Mart Sues Life Insurers Over Benefits

    NEW YORK - Wal-Mart Stores Inc. last week sued its life insurers, American International Group Inc. and Hartford Financial Services, to get back $150 million it says it lost through a life insurance policy for employees, Reuters reports.

  • UK Safeway Dismisses Rumors of Asda Takeover

    LONDON - UK supermarket giant Safeway PLC on Friday dismissed speculation from press reports saying the group may be about to become the target of a takeover offer by Wal-Mart-owned Asda Group PLC.

  • Carrefour Won't Pursue Kmart

    NEW YORK - Carrefour CEO Daniel Bernard denied today that Europe's No. 1 retailer has designs on the faltering Kmart business in the U.S.

  • Albertsons Swings to Second-quarter Profit

    BOISE, Idaho - Albertsons Inc. today reported a swing to a second-quarter profit from a year-ago loss.

  • Grocery Stocks Lead Price Declines

    NEW YORK - Supermarket stocks dropped the farthest in an all-out plummet of retail stocks last week, and forecasts call for an even broader market decline, according to a report from CBS MarketWatch.

  • PG PROFILE: Winn-Dixie

    The chain writes a new song of the South, dancing to a traditional retail tune that plays more to fried chicken lovers than sushi eaters.

  • Kmart to Publish Spanish Version of Weekly Circular

    TROY, Mich. - For the first time, Kmart Corporation will publish its weekly advertising circular in Spanish throughout the U.S. The company said it aims to reach hundreds of thousands of Spanish-speaking customers who shop Kmart stores.
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