Walmart

NEW YORK - Toys R Us Inc. said on Monday it is testing out kiosks at Ahold-owned stores in the United States in part to compete with Wal-Mart, whose toy sales now exceed those of Toys R Us, Reuters reports.

NEW YORK - Wal-Mart Stores Inc. is on pace to record more than $220 billion in revenue for the 2001 fiscal year, which would make it the world's largest company according to Fortune magazine's annual list, The Associated Press reports.

TROY, Mich. - Kmart Corporation today announced that James B. Adamson has been elected non-executive chairman of the board of directors effective immediately, and will serve as the principal liaison between the board and the company's senior management.

LONDON - Asda, the U.K.'s third largest supermarket chain, said it hopes to create up to 10,000 new jobs this year, the BBC reports.

LONDON - Carrefour said that worldwide sales for the year to December rose by 7% to 78 billion euros ($69.70 billion), boosting its share of the French market, The BBC reported.

ZAANDAM, The Netherlands - The Ahold Corporate Executive Board has appointed Marcelo Silva president of its recently acquired Brazilian supermarket company G. Barbosa, effective Jan. 2, 2002.

LONDON - Record numbers of customers helped the UK's Asda, the supermarket group owned by Wal-Mart, report double digit like-for-like sales growth over Christmas, the Financial Times reports.

WASHINGTON - A federal judge has approved a $6.8 million settlement of a discrimination lawsuit involving Wal-Mart Stores and the Equal Employment Opportunity Commission, The Associated Press reports.