Wal-Mart Stores Inc

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Walmart enters fashion resale market with ThredUp Beth Wright | 27 May 20

Walmart is entering the secondhand apparel market through a new partnership with online resale store ThredUp as the US retail giant looks to enhance its offering amid a bid to establish Walmart.com as a destination for fashion.


US Q4 in brief – Boot Barn Holdings, VF Corp, PVH Corp just-style | 21 May 20

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has posted a fall in both earnings and revenue, while VF Corp and PVH Corp have both reported a net loss. Elsewhere, Oxford Industries has booked its twelfth consecutive quarter of positive comparable sales, while G-III Apparel Group saw profit rise but revenue fall.  


Walmart to discontinue Jet.com e-commerce site Michelle Russell | 20 May 20

US retail giant Walmart is to wind-down the operations of its Jet.com brand just four years after its purchase.


Global retail closures as coronavirus spreads – Update just-style | 15 Apr 20

A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. 


Walmart in talks over sale of stake in Asda Michelle Russell | 27 Feb 20

US retail giant Walmart has said it is in discussions with interested parties over the purchase of a stake in its UK supermarket subsidiary Asda and that it will consider a flotation for the chain.


US Q3 in brief –Boot Barn Holdings, VF Corp, Genesco just-style | 5 Feb 20

In the latest third-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered an increase in both profit and revenue with the company "well-positioned" to deliver a solid finish to fiscal 2020, Stage Stores has narrowed its net loss, and American Eagle Outfitters has booked record sales. Elsewhere, J.Crew Group has announced an agreement on the terms of a transaction that will enable it to separate its J.Crew and Madewell brands into two independent companies and pursue a proposed IPO of Madewell. 


Brands still failing to deliver on responsible viscose sourcing Michelle Russell | 20 Nov 19

A new report has found that while the issue of responsible viscose production is now firmly on the agenda of the fashion industry, there are still brands and retailers failing to deliver on responsible sourcing.


Levi Strauss & Walmart cut their chemical footprints Michelle Russell | 18 Nov 19

Levi Strauss & Co and Walmart are among the leading companies when it comes to disclosing information about efforts to reduce their chemical footprints, according to a new survey.


US Q2 in brief – Boot Barn Holdings, VF Corp, Stage Stores just-style | 1 Nov 19

In the latest second-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered what CEO Jim Conroy called an "outstanding" second-quarter, VF Corp has reaffirmed its full-year outlook, and Oxford Industries has posted its tenth consecutive quarter of consolidated comparable sales growth. Elsewhere, Genesco moved to a profit, while G-III Apparel Group has revised its full-year guidance in the wake of Trump's latest tariff hike. 


Walmart US looks to Sam's Club for new CEO Beth Wright | 14 Oct 19

Retail giant Walmart has named Sam's Club boss, John Furner, as president and CEO of Walmart US, succeeding Greg Foran. 


Go Global Retail to acquire ModCloth from Walmart Beth Wright | 7 Oct 19

Two years after acquiring women's clothing company and online retailer ModCloth, retail giant Walmart is selling it on to brand investment platform Go Global Retail.


Walmart opens first supply chain academy Hannah Abdulla | 3 Oct 19

US retailer Walmart has launched a supply chain academy, aimed at providing skills training and growth opportunities for its supply chain associates.


Walmart revives Scoop as exclusive brand Hannah Abdulla | 19 Sep 19

Walmart is reviving the defunct Scoop brand as a private label offering, as part of efforts to expand its assortment and add more upmarket fashion to the line-up.


US Q1 in brief – Boot Barn Holdings, VF Corp, Cherokee Global Brands just-style | 1 Aug 19

In the latest first-quarter filings from US apparel and footwear brands and retailers, VF Corp has raised its fiscal 2020 outlook, Cherokee Global Brands booked a mixed first quarter and announced it will officially rebrand to Apex Global Brands, Destination Maternity reported a challenging start to the year amid the news Marla Ryan will step down as CEO, while PVH Corp saw profits slip. Dick's Sporting Goods enjoyed higher sales as did Footlocker. 


US Q4 in brief – VF Corp, Boot Barn Holdings, Destination Maternity just-style | 23 May 19

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Iconix Brand Group reported a GAAP net loss, CEO of PHV Corp, Emanuel Chirico, said the company is "very pleased" with its fourth-quarter and full year 2018 results, and Guess Inc released its first results under new CEO Carlos Alberini.


Walmart "seriously considering" stock market float for Asda Hannah Abdulla | 15 May 19

US retail giant Walmart is "seriously considering" an IPO for its UK supermarket chain Asda following the collapsed merger with rival grocer Sainsbury's last month.


Walmart tackles social risk in Bangladesh apparel supply chain Hannah Abdulla | 13 May 19

US supermarket giant Walmart has identified its apparel supply chain in Bangladesh as one of the key areas where it is likely to have the greatest impact in addressing major potential risks to the dignity of workers.


Walmart pegs supplier finance to sustainability ratings Hannah Abdulla | 18 Apr 19

Retail giant Walmart is teaming up with international bank HSBC to rollout a sustainable supply chain finance programme that pegs a supplier’s financing rate to its sustainability performance.


Walmart wades into subscription apparel with Kidbox Hannah Abdulla | 16 Apr 19

US retailer Walmart has stepped into the world of subscription apparel in a partnership with Kidbox, which will offer customers an exclusive, curated stylebox for children from more than 120 premium kids' brands.


Walmart sets new goals for sustainable textiles Beth Wright | 11 Apr 19

Retail giant Walmart has outlined a number of new sustainability goals for apparel sold in its US stores, including plans to source more sustainable fibres and working with suppliers to reduce its manufacturing impact.


US Q3 in brief – Boot Barn Holdings, VF Corp just-style | 6 Feb 19

In the latest third-quarter filings from US apparel and footwear brands and retailers, Francesca's Holdings Corporation swung to a third-quarter loss of US$16.2m, PVH Corp posted what CEO Emanuel Chirico called a "strong earnings performance", and Abercrombie booked its fifth consecutive quarter of positive comparable sales.


US Q2 in brief – Boot Barn Holdings, VF Corp, Sears just-style | 26 Oct 18

In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.


Walmart snaps up online retailer Bare Necessities Michelle Russell | 15 Oct 18

US retail giant Walmart has expanded its e-commerce portfolio with the acquisition of leading intimates online retailer Bare Necessities.


Walmart to acquire plus-size retailer Eloquii Beth Wright | 3 Oct 18

US retail giant Walmart continues to boost its apparel offering by acquiring women's plus-size online retailer Eloquii, tapping into a growing and under-served sector of the market.


Walmart commits to zero waste by 2025 Beth Wright | 20 Aug 18

US retail giant Walmart has committed to achieving "zero waste" in its operations in Canada, Japan, the UK and the US by 2025 – and says it will work with suppliers to prevent products and materials from becoming waste upstream and downstream.


Walmart completes investment in India's Flipkart Beth Wright | 20 Aug 18

Retail behemoth Walmart has completed its majority stake acquisition in Indian e-commerce retail giant Flipkart Group, in a move that will allow it to support local supply chains.


US Q1 in brief – Destination Maternity, Tailored Brands, Boot Barn just-style | 8 Aug 18

In the latest first-quarter filings from US apparel and footwear brands and retailers, PVH Corp saw revenues exceed guidance thanks to strength across the business, while Guess saw continued momentum in Europe and Asia push earnings and sales up in the three months ended 5 May. Dick's Sporting Goods raised its full-year outlook and Destination XL narrowed its net losses.


Tesco and Target scale up supply chain sustainability Beth Wright | 26 Jun 18

US department store retailer Target Corp and UK supermarket group Tesco have joined Walmart in collecting data from suppliers to reduce environmental risk and cut carbon emissions in the supply chain.  


Advent International to acquire majority stake in Walmart Brazil Beth Wright | 5 Jun 18

Global private equity firm Advent International is to acquire a majority stake in Walmart Brazil in a move designed to strengthen the business and position it for long-term success.


Brands under fire for gender-based violence in Asia factories Michelle Russell | 1 Jun 18

Walmart, H&M and Gap Inc have all come under fire from a global coalition of trade unions, worker rights and human rights organisations that claim women who work in Asian factories making clothes for the companies are at daily risk of assault, sexual abuse and other harassment.

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