Wal-Mart Stores Inc

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

US: Shoppers out in record numbers for Black Friday weekend Petah Marian | 26 Nov 12

A record 247m shoppers visited US stores and websites over Black Friday weekend, up from 226m last year, according to the National Retail Federation (NRF).


Top 10 Black Friday deals on clothing and footwear Katie Smith | 23 Nov 12

US retailers are pulling out all the stops to lure shoppers in-store and online this weekend, kicking off the holiday shopping season by opening their doors early on Black Friday - the day after Thanksgiving.


INDIA: Bharti Wal-Mart suspends CFO amid bribery probe Michelle Russell | 23 Nov 12

Bharti Wal-Mart has suspended a number of its employees, one of whom is understood to be its CFO, while it investigates alleged violations of US anti-bribery laws.


Global: Brands accused of "fuelling modern-day slavery" Petah Marian | 20 Nov 12

A number of major clothing brands have been accused of "fuelling modern-day slavery" through their failure to address child and forced labour in their supply chains, according to a report released by the Not For Sale campaign.


The Flanarant: China's textile and clothing challenge in new era Mike Flanagan | 19 Nov 12

As Xi Jinping assumes the leadership of China's ruling Communist Party and prepares to get down to business, Mike Flanagan pens him an open letter offering up a few home truths about China's textile and garment industry.


SLDF 2012: SAC eco-index to help reduce supplier audits Petah Marian | 16 Nov 12

Suppliers may need to undergo only one audit a year on their sustainability and environmental credentials if an eco-index initiative by the Sustainable Apparel Coalition (SAC) takes off.


US: Wal-Mart to focus on price as Q3 earnings rise Katy Askew | 16 Nov 12

US retailer Wal-Mart has said that it will continue to focus on delivering low prices to drive higher volumes in the remainder of the year, after booking third-quarter sales and earnings gains.


UK: Asda claims Q3 market share gains Katy Askew | 16 Nov 12

Supermarket retailer Asda says it has been able to win over market share as it reported slightly higher third-quarter sales.


Tesco backs Bangladesh skills and productivity push Leonie Barrie | 14 Nov 12

UK-based retail giant Tesco is taking steps to boost productivity in the Bangladesh apparel industry by investing in a new training centre to teach leadership skills and production techniques to garment workers.


SOUTH AFRICA: Sourcing event targets apparel and textiles Leonie Barrie | 8 Nov 12

Opportunities to source textiles, apparel and footwear from Africa are the focus of a special event taking place in Cape Town next year, which brings together producers from more than a dozen sub-Saharan African countries.


BANGLADESH: Woven garment exports up 10% in Q1 Siddique Islam | 8 Nov 12

Bangladesh's woven garment exports grew by nearly 10% in the first quarter of the current fiscal year despite the economic slowdown in the European Union (EU) and the US.


Counting the retail cost of Superstorm Sandy Katie Smith | 31 Oct 12

As Hurricane Sandy swept along the US East Coast earlier this week, US retailers were forced to close up to 10% of their stores, according to latest figures. As retailers begin to reopen stores again, analysts are now weighing up the long-term impact of the storm on apparel and footwear sales.


Will political uncertainties weigh on US holiday sales? Katie Smith | 31 Oct 12

US retailers preparing for the upcoming holiday season - the biggest shopping period of the year - are likely to be hit by headwinds including the presidential election and concerns surrounding the economy. But consumer confidence seems to be picking up and forecasts suggest spending will rise, as Katie Smith reports.


HAITI: $300m industrial park opens for business Leonie Barrie | 30 Oct 12

Haiti has been declared "open for business," after a $300m manufacturing park in the northern town of Caracol was last week inaugurated at a star-studded event attended by Secretary of State Hillary Clinton and former US President Bill Clinton, as well as actors Sean Penn and Ben Stiller, and fashion designer Donna Karan.


UAE: George opens first store in Middle East Katie Smith | 29 Oct 12

Supermarket fashion brand George at Asda has opened its first Middle Eastern store in Abu Dhabi through a franchise agreement with Azadea Group.


US/CHINA: Wal-Mart extends sustainability goals Petah Marian | 25 Oct 12

Wal-Mart has extended its sustainability goals with plans to buy 70% of the products it sells in its US Wal-Mart and Sam's Club stores from suppliers who use its Sustainability Index to share the sustainability of their products.


US: Wal-Mart plans to reduce capital expenditure Katie Smith | 11 Oct 12

Wal-Mart Stores said it intends to reduce its capital expenditure in fiscal 2014, but emphasised it will add roughly the same amount of retail space as this year.


CHINA: Apparel brands to reduce pollution in supply chain Katie Smith | 10 Oct 12

Leading apparel brands including Gap, Adidas and H&M Hennes & Mauritz are looking at ways to reduce pollution within their supply chains following accusations that they were purchasing clothing from suppliers who illegally discharge polluted water in China.


US: Strong sales lift Family Dollar Q4 and FY profit Katie Smith | 4 Oct 12

Stronger sales and lower markdowns has helped US discount retailer Family Dollar to today (3 October) book a rise in fourth quarter and full-year net profit.


HONG KONG: Li & Fung inks new sourcing deal with Wal-Mart Leonie Barrie | 20 Sep 12

A sourcing deal inked more than two years ago between Li & Fung and Wal-Mart Stores has been replaced by a new agreement that allows the global supply chain manager to offer a range of new services to the retail giant.


Viewpoint: Indian retail reform may still stall Leonie Barrie | 19 Sep 12

Moves last week by the Indian government to open the country's multi-brand retail sector to foreign investment have been hailed as everything from a "historic decision" to a "big bang" reform. But observers also warn it is still far from certain that they will go ahead.


HAITI: Sae-A Trading on track to begin production Leonie Barrie | 18 Sep 12

South Korean apparel giant Sae-A Trading is on track to begin production later this year in Haiti, as part of a $300m multi-stakeholder effort to help the country back to economic growth following a devastating earthquake two years ago.


INDIA: FDI retail reform returns but states will have final say Dean Best | 14 Sep 12

The Indian government has again opened the door to foreign investment in the country's retail sector - but states will have the final say on whether multi-brand outlets backed by overseas capital can open.


Top stories on just-style this week... Katie Smith | 24 Aug 12

Top stories on just-style this week include a look at the decline of the US garment industry, the launch of M&S's Body Shape jeans range, and news that UK retail footfall continued to worsen in the quarter ended July.


US: Congressmen outline more Wal-Mart Mexico allegations Dean Best | 20 Aug 12

Two US Congressmen say they have obtained internal Wal-Mart documents that claim staff at the retail giant's Mexican unit might have evaded tax and laundered money.


US: Wal-Mart lifts outlook as Q2 income rises 5.7% Petah Marian | 16 Aug 12

Wal-Mart today (16 August) recorded a 5.7% jump in second-quarter net income and lifted its full-year earnings outlook.


US: Finish Line hires Beidler as SVP of store operations Katie Smith | 15 Aug 12

US sportswear retailer The Finish Line has appointed Greg Beidler as senior vice president of store operations.


US: Talon International Q2 net profit up on rising sales Petah Marian | 14 Aug 12

Zipper and trim supplier Talon International posted an increase in second-quarter net income on the back of rising sales.


Li & Fung committed to growth through acquisitions Leonie Barrie | 10 Aug 12

Li & Fung, the world's largest supplier of apparel and consumer goods, has stressed that growth through strategic acquisitions and the trend for outsourcing by retailers and brands will continue to drive its business going forward - despite posting a 22% drop in core first-half operating profit.


SOUTH AFRICA: Retailer Massmart reports FY sales increase Dean Best | 5 Jul 12

South African retailer Massmart Holdings has posted a near 16% increase in annual sales on the back of robust underlying sales and the acquisition of stores owned by local cash-and-carry rival Rhino.

1

...

9

11

13

...

21

just-style homepage



Forgot your password?