Wal-Mart Stores Inc

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UPDATE: US: Family Dollar Q3 apparel sales rise 1.1% Leonie Barrie | 29 Jun 12

Despite booking record third quarter results which saw higher sales contribute to a 12.1% jump in profit, US discount retailer Family Dollar Stores admits that demand for more discretionary categories like apparel continues "to be challenged."

Top stories on just-style this week... Katie Smith | 29 Jun 12

Top stories on just-style this week include the addition of 4,000 jobs at Wal-Mart Canada this year, rumours that Tesco is seeking a commercial director for its domestic business, and a report that emerging Asian countries hold the key to the global apparel sourcing.

CANADA: Wal-Mart to create 4,000 jobs Katie Smith | 26 Jun 12

Wal-Mart Stores Canada has announced it will create 4,000 jobs this year, in a bid to support the company's growth plans.

US: Wal-Mart's social commerce unit heads step down Katie Smith | 26 Jun 12

US retail giant Wal-Mart has confirmed that Venky Harinarayan and Anand Rajaraman, co-heads of its @WalmartLabs division, are leaving the company.

US: Fifth Sun Apparel chooses AX ERP tool Leonie Barrie | 19 Jun 12

Private label clothing supplier Gonzales Enterprises, which trades as Fifth Sun Apparel, has selected the Microsoft Dynamics AX ERP solution to manage its supply chain and allow for continued expansion.

Speaking with style: Stella Bray, Wal-Mart director of ethical sourcing Petah Marian | 14 Jun 12

Wal-Mart's Supplier Development Programme, which helps to improve working conditions and develop socially and environmentally friendly practices in factories the US retail giant sources from, was launched in November 2011. The retailer's director of ethical sourcing, Stella Bray, spoke with Petah Marian about the initiative.

WORLD: Brazil tops retail expansion table Richard Woodard | 14 Jun 12

Brazil has topped the rankings for global retail expansion among developing nations for the second successive year, driven by its growing middle class economy.

SINGAPORE: Clariant joins Sustainable Apparel Coalition Leonie Barrie | 12 Jun 12

The group working to reduce the environmental and social impacts of apparel and footwear production around the world has added Swiss-based specialty chemicals company Clariant as one of its members.

US: Footwear shoppers look to retailers they can trust Katie Smith | 7 Jun 12

The top priority for footwear buyers is finding a retailer they know and trust, according to market research company The NPD Group.

INDIA: Wal-Mart to brief employees on anti-corruption compliance - reports Katie Smith | 28 May 12

Wal-Mart's Indian division has reportedly appointed a team in India to brief employees on its anti-corruption compliance programme.

Quote, unquote: Supply Chain Summit Petah Marian | 25 May 12

Just-style attended the Retail Week Supply Chain Summit, which brought together a number of key supply chain executives to consider some of the greatest challenges facing the sector. Here are some of the most quotable moments from the two-day event:

US: Wal-Mart Q1 profit grows on strong domestic sales Petah Marian | 17 May 12

The world's largest retailer, Wal-Mart Stores Inc, today (17 March) reported an increase in first-quarter net profit helped by better-than-expected sales in its US business.

CHINA: Li & Fung appoints Spencer Fung as COO Katie Smith | 14 May 12

Sourcing giant Li & Fung has today (14 May) promoted LF Europe president Spencer Fung to group chief operating officer.

George dials up fashion credentials with shorter lead times Petah Marian | 11 May 12

Supermarket fashion brand George at Asda, a unit of retail giant Wal-Mart Stores, is working to "dial up" its fashion credentials this year with shorter lead times on fast fashion following its acquisition of the sourcing arm of its Turkish supplier GAAT.

US: Avery Dennison joins Sustainable Apparel Coalition Leonie Barrie | 10 May 12

The group working to reduce the environmental and social impacts of apparel and footwear production around the world has added labelling and RFID supplier Avery Dennison as its first "solution provider" member.

UK: Summit to discuss retail supply chain challenges Petah Marian | 10 May 12

Executives from Wal-Mart, Metro, Marks & Spencer and Primark are taking part in a two-day event in London next week looking at the challenges facing the retail supply chain.

MEXICO: Mexican authorities launch Walmex probes Dean Best | 27 Apr 12

Mexico's attorney general has launched an investigation into allegations Wal-Mart Stores' local unit bribed officials to make it easier to open stores in the country.

Top stories on just-style this week... Petah Marian | 27 Apr 12

Top stories on just-style this week include a report on a fake Primark store opened in Dubai, the prospects for Burma as a production base, and a look at the corruption claims at Wal-Mart Mexico.

Spotlight on...Wal-Mart hit by Mexican shock-waves Katy Askew | 26 Apr 12

Shares in Wal-Mart de Mexico y Centroamerica plummeted this week as allegations the company bribed officials to speed up store openings prompted many shareholders to offload the stock at a rate of knots. Meanwhile, concern that US regulators will pursue action against parent company Wal-Mart Stores for violations of the Foreign Corrupt Practices Act could have some far-reaching consequences for the world's largest retailer. Katy Askew reports.

US: Congress launches Wal-Mart bribery probe Petah Marian | 24 Apr 12

Two US Congressmen have written to request a meeting with Wal-Mart chief executive after reports emerged that it covered up some US$24m in bribes used to clear the way for store openings.

MEXICO: Wal-Mart shares hit by corruption allegations Petah Marian | 24 Apr 12

Wal-Mart de Mexico y Centroamerica saw its share price hit yesterday (24 April) as it saw first-quarter margins hit and the market reacted to the news that it was being investigated for possible bribery.

MEXICO: Wal-Mart investigates corruption claims Petah Marian | 23 Apr 12

Retail giant Wal-Mart Stores Inc has admitted it is investigating reports that it engaged in systematic bribery to clear the way for store openings in Mexico during the early 2000s.

INDIA: Wal-Mart expands e-commerce unit, creates 100 jobs Katie Smith | 19 Apr 12

Retail giant Wal-Mart is expanding its global e-commerce operation in Bangalore, India, in a move that will create 100 jobs.

Wal-Mart focuses on better international returns Petah Marian | 16 Apr 12

Retail giant Wal-Mart is focused on improving returns from international markets where it already has a presence, rather than entering new countries, according to Doug McMillon, CEO of the retailer's operations outside the US, as he met analysts in Canada last week.

CHINA: Wal-Mart China executive Zhou steps down Michelle Russell | 16 Apr 12

Wal-Mart Stores has seen another senior executive leave its operations in China.

US: Wal-Mart nominates Mayer to board Katie Smith | 16 Apr 12

US retailer Wal-Mart has today (16 April) nominated Google executive Marissa Mayer as a member of the company's board.

Partnerships key to bringing back UK manufacturing Petah Marian | 13 Apr 12

Recent talk about high street brands and retailers shifting some of their manufacturing back to the UK requires long-term collaboration with local factories. Petah Marian looks at one such partnership.

Top stories on just-style this week... Katie Smith | 13 Apr 12

Top stories on just-style last week included the numbers of retailers collapsing into administration increased by 15%, JCPenney cutting 600 jobs at its headquarters and 48 apparel brands and retailers have been accused of purchasing clothing from suppliers who illegally discharge polluted water in China.

US: Cherokee Q4 profit rises despite sales fall Petah Marian | 13 Apr 12

Brand management company Cherokee has seen its fourth-quarter and full-year sales fall following declines in the sale of Cherokee branded products at Tesco and the non-renewal of its Norma Kamali license with Wal-Mart.

CHINA: Global brands hit by new claims of textile pollution Petah Marian | 11 Apr 12

Some 48 apparel brands and retailers including H&M, Nike, Wal-Mart, Levi's, Adidas, Gap and Marks & Spencer have been accused of purchasing clothing from suppliers who illegally discharge polluted water in China.








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