Wal-Mart nearly ready to build city’s new store
Leaders with the world’s largest retailer have been granted a city building permit to begin construction on its $9.5 million store at the northwestern corner of Sixth Street and Wakarusa Drive.
-- Lawrence Journal (Kansas)
Michigan to study traffic at Ironwood Wal-Mart
Later this month, the Michigan Department of Transportation (MDOT) will study traffic flow and volume at the US-2/Country Club Road intersection, located near the new Ironwood Wal-Mart, to determine…
-- Soo Today
Wal-Mart signs lease, sends first payment to CRIT
Wal-Mart has signed a lease with the Colorado River Indian Tribes to build its new store in Parker, and has sent the first lease payment to the tribes.
-- Indian Country Today
Plans for Bellevue Wal-Mart on hold
A Wal-Mart SuperCenter won’t be built in Bellevue’s business park - for now. Officials from the world’s largest retailer put on hold plans to build a store in the business park at…
-- Green Bay Press-Gazette
Wal-Mart Profit Probably Rose as Shoppers Fled Sears
Wal-Mart Stores Inc., the world’s largest retailer, may report tomorrow that first-quarter profit rose after discounts lured Target Corp. and Macy’s Inc. customers coping with record gasoline…
-- Bloomberg News
Foreign markets fertile for Wal-Mart
Deploying formats ranging from convenience store-sized markets to U.S.-sized supercenters, the world’s largest retailer is expanding its international operations at several times the rate of its stores…
-- http://www2.arkansasonline.com/news/2008/may/11/foreign-markets-fertile-wal-mart-20080511/
Pollo Campero opens franchise in US Wal-Mart store
Pollo Campero, a Latin American fried-chicken favorite that had been seen in the U.S. only in takeout boxes aboard arriving flights, has teamed up with Wal-Mart to expand its reach to the nation’s…
-- Associated Press
The Wal-Mart Weekly: Examining shareholder resolutions, Part 2
Similar to last year’s annual shareholder’s meeting, shareholders this year want to know why the CEO and other Wal-Mart executives are making all those millions while raking in more options…
-- BloggingStocks
He Said It
"Free is a price that is not a long-term sustainable proposition.”—Bill Simon, Wal-Mart’s chief operating officer, explaining that, unlike some of its competitors, the retailer will…
-- Washington Post
New Wal-Mart site offers budgeting tips
Today Wal-Mart launched a new web site offering advice about how to stretch a dollar during tough times. The site, www.walmart.com/savemore, features tips from author and media personality Ellie Kay.…
-- Home Textiles Today
Asda forms ‘quick and easy’ payment for suppliers
Asda has developed a new supplier payment system which it claims will reduce payment delays and also give smaller suppliers access to quick credit - for a fee
-- Financial Times
Wal-Mart De Mexico April Same-Store Sales Up 1.3% On Year
Retailer Wal-Mart de Mexico SAB (WMMVY), or Walmex, said Friday that its same-store sales rose 1.3% in nominal terms in April, with total sales up 6.7% from April 2007 to 18.05 billion pesos ($1.71…
-- Dow Jones Newswire via Wall Street Journal
ASDA launches Over 50s Life Cove
ASDA pledges to put that right with its new Over 50s Life Cover and the promise that customers who maintain their premiums won’t ever have to pay in more than they get out.
-- Easier Finance (U.K.)
The rich gift of popularity
Even “self-made” monopolists tend to become so dominant that they are unpopular. This is true of Sam Walton, founder of Wal-Mart and once the world’s richest man, and Ingvar Kamprad,…
-- Financial Times
India beckons, but not for the faint of heart
Facing slumps in their home markets, major European and US retailers are looking intently at India, but they’re facing serious obstacles as they try to establish a presence there.
-- Business Spectator
