Wal-Mart Stores Inc - apparel and textile industry company news 
CANADA: Walmart to invest $750m in expanding operations
7 February 2012
Retail giant Wal-Mart Stores Inc is to invest more than CAD750m (US$753.8m) in expanding its Canadian operations as rival Target Corportation prepares for its move into the country next year.
CHINA: Ex-Woolworths exec to lead Walmart operations
7 February 2012
Long-time Woolworths executive Greg Foran has been appointed as the new president and CEO of Walmart China, leading the retail giant’s expansion plans there.
just-style management briefing: Lessons learnt from the past for the future
2 February 2012
What should apparel firms have learnt from the upheaval of the past couple of years - and what should they be doing now if they want to remain competitive into the future? Buyers and manufacturers need to build a deeper, long-term relationship our respondents said, as well as focusing on a sourcing portfolio that balances costs and risks.
Plassat to face French challenges at Carrefour
31 January 2012
After a tumultuous three years at the helm of the world's second-largest grocery retailer, Carrefour chairman and CEO Lars Olofsson is set to be replaced by Georges Plassat.
UK: Asda to take George to the Middle East
25 January 2012
Asda has agreed terms with two franchise partners to explore opportunities for its George clothing brand in the Middle East and the Channel Islands.
US: Wal-Mart shuffles executives
23 January 2012
Retail giant Wal-Mart Stores has announced a series of changes to its executive team across its Wal-Mart and Sam’s Club businesses.
UK: Asda to invest GBP500m in stores, logistics
23 January 2012
UK supermarket chain Asda will create 5,000 jobs as part of a GBP500m (US$777m) investment in the business this year.
US: CBS exec Ashe to lead Wal-Mart e-commerce push
17 January 2012
Wal-Mart has announced that Neil Ashe has been appointed as CEO of the company's global e-commerce business.
VIETNAM: Korea's Hansae to build $30m apparel plant
12 January 2012
Hansae Vietnam Co Ltd, a subsidy of Korean apparel manufacturer Hansae, has begun construction of its third apparel plant in Vietnam at Tan Huong Industrial Zone in the southern province of Tien Giang.
just-style management briefing: Retail winners and losers in 2011
19 December 2011
While some retailers continued to be vulnerable to cost-cutting, swingeing redundancies and store closures in 2011, others acted swiftly to respond to the changing economic circumstances, offering real value to their customers and embarking on ambitious international expansion.
US: Wal-Mart launches corruption probe
12 December 2011
Wal-Mart Stores has started a probe into bribery allegations in its operations outside the US after an internal investigation.
INDIA: FDI will benefit retail sector - Tesco CFO
8 December 2011
More overseas investment would benefit India's retail sector, Tesco CFO Laurie McIlwee insisted today (8 December).
INDIA: New Delhi confirms suspension of retail reform
7 December 2011
India's ruling Congress Party has today (7 December) confirmed that plans to allow more foreign investment in the country's retail sector have been suspended.
INDIA: Retail reform "put on hold"
5 December 2011
India's government has reportedly put its controversial reform of the country's retail sector on hold.
BANGLADESH: Apparel conference tackles product safety
2 December 2011
Apparel industry stakeholders in Bangladesh had an opportunity earlier this week to learn about critical product safety, sustainability, chemical management, and social responsibility issues facing the global apparel and footwear industry.
INDIA: Retailers divided over FDI reform
1 December 2011
Planned reforms by the Indian government to further open the country's retail sector and allow overseas companies to own higher stakes in domestic outlets, have divided politicians and business leaders.
INDIA: Prime minister defends FDI reform
1 December 2011
The Indian prime minister has defended the easing of rules on foreign ownership in the country's retail market, as politicians opposed to the move continue to cripple parliament.
US: Olah hires Mazur to lead new Canadian office
30 November 2011
New York-based fabric supplier Olah Inc has set up new Canadian headquarters which are being headed by fashion industry veteran Debbie Mazur.
HAITI: Apparel jobs key to new industrial park
29 November 2011
Work has begun on one of the Caribbean's largest industrial parks, which is being built in Haiti as part of an international project designed to help the country recover from the devastating earthquake that hit nearly two years ago and will generate thousands of jobs for apparel workers.
Quote unquote: Indian retail reform special
29 November 2011
India's cabinet has relaxed rules on foreign direct investment in the country's retail sector. The move was lauded by global retailers but met with opposition from large sections of the parliament, as local operators are feeling threatened by the prospect of foreign companies, which can now own 51% of multi-brand retail stores. In this special quote unquote, just-style outlines the thoughts of those affected by the announcement.
INDIA: Government emphasises FDI local sourcing rules
28 November 2011
The Indian government has emphasised that some 30% of products sourced by foreign retailers will have to come from small Indian manufacturers under its new plans to allow foreign retailers to own 51% of multi-brand retail stores.
INDIA: Opens multi-brand retail to foreign investment
25 November 2011
An executive decision by India's cabinet to ease laws on foreign direct investment (FDI) in the country's retail market has met with opposition from large sections of parliament.
INDIA: New Delhi to ease laws on foreign retail ownership
24 November 2011
The Indian government has reportedly approved plans to further open up the country's retail industry, a decision that could see a wave of foreign investment into the sector.
ISRAEL: Tefron narrows Q3 loss on surge in seamless sales
24 November 2011
Manufacturer Tefron Ltd has narrowed its third quarter loss thanks to soaring sales of its seamless intimate apparel and performance activewear lines.
THE FLANARANT: Is own label about to collapse?
16 November 2011
With more and more own label apparel retailers eyeing growth in Asia and Latin America to make up for shortfalls in their domestic markets, Mike Flanagan asks whether a business formula that's running out of steam at home will now work abroad. Especially if it's fuelled by designers who have little connection to those foreign customers.
US: Wal-Mart Q3 profit falls as US gains traction
15 November 2011
Retail giant Wal-Mart Stores Inc today booked a 2.9% drop in third-quarter profit, but saw US same-store sales rise for the first time in ten quarters.
ISRAEL: Delta Galil books Q3 gains as Jones talks continue
11 November 2011
Apparel and lingerie maker Delta Galil Industries Ltd yesterday (10 November) said talks to buy Jones Group's jeanswear division are taking longer than the initial one-month timeframe, but the deal is likely to be finalised by the end of this year.
Top stories on just-style
4 November 2011
This week's top stories took on a footwear theme, with the WTO backing a complaint by China over EU anti-dumping duties and Inditex planning to expand footwear sourcing in Mexico. Meanwhile, Wal-Mart announced plans to move its fashion offices back to Bentonville and Limited Brands spun off its Mast sourcing unit.
US: Wal-Mart to move fashion offices to Bentonville
31 October 2011
Wal-Mart is moving its fashion offices back to its headquarters in Bentonville, Arkansas, according to reports.
Global news roundup
31 October 2011
The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.
Related research
Wal-Mart Stores, Inc. (WMT) - Financial and Strategic Analysis Review
Wal-Mart Stores, Inc. (Wal-Mart) is the world’s largest retailer. The company operates retail stores in a variety of formats including discount stores, supercenters, neighborhood markets and club stores. It offers branded as well as private label products of various categories. Every week, the company serves its customers and members over 200 million times at more than 8,416 retail units under 55 different banners across 15 countries. Wal-Mart operates business under three reportable segments, namely, Wal-Mart U.S., International and Sam’s Club.
Wal-Mart Stores, Inc. (WMT) - Financial and Strategic SWOT Analysis Review
This comprehensive SWOT profile of Wal-Mart Stores, Inc. provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
Wal-Mart Stores, Inc.: SWOT Analysis & Company Profile
WMI’s Wal-Mart Stores, Inc. contains a company overview, key facts, locations and subsidiaries, news and events as well as a SWOT analysis of the company.
