Wal-Mart Stores Inc

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US: Trius named CEO of Wal-Mart Latin America just-style.com | 27 May 09

Wal-Mart Stores Inc has named Vicente Trius as executive vice president, president and CEO of Wal-Mart Latin America, following his success at the head of the retailer’s operations in Asia.

UK: Asda appoints ex-M&S execs to George business just-style.com | 19 May 09

Two former Marks & Spencer executives have been appointed to help run Asda's clothing range George.

Top stories on just-style this week... just-style.com | 15 May 09

Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.

US: Strong dollar hits Wal-Mart Q1 earnings just-style.com | 14 May 09

The strength of the US dollar has weighed on quarterly earnings at Wal-Mart, the world's largest retailer, with first quarter profit flat compared to the same period last year.

UK: Asda lures shoppers from rivals in Q1 just-style.com | 14 May 09

Asda, the UK's number two supermarket, today (14 May) posted an 8.4% rise in underlying like-for-like sales in the first quarter of its fiscal year.

US: Currency hits Wal-Mart international April sales just-style.com | 8 May 09

Currency impacts sent retail giant Wal-Mart’s international sales down 7% in April, despite continued strong performance from Asda clothing brand George in the UK.

US: Retailers' April 2009 sales roundup just-style.com | 7 May 09

The following is a general roundup of US apparel and shoe chains' April 2009 sales results. The list will be updated as new results become available.

US: RG Barry realigns brand and sales teams just-style.com | 7 May 09

Accessory footwear maker RG Barry Corporation has shuffled its sales and brand management teams so that its proprietary, licensed and private brand groups can each move forward independently.

US: Steve Madden triples Q1 profit just-style.com | 5 May 09

Shoe maker Steve Madden has more than tripled its first quarter profit after “trend-right” footwear and accessories helped boost sales.

US: Carter’s cuts jobs, warns of weaker Q2 just-style.com | 29 Apr 09

Children’s wear company Carter’s is cutting 10% of its workforce and expects a weaker second quarter, despite posting a 41.6% hike in first quarter net profit.

US: David Glass to retire from Wal-Mart board just-style.com | 21 Apr 09

US retail giant Wal-Mart Stores has announced that board member and former president and CEO David Glass has chosen not to stand for re-election at its annual shareholders' meeting next month.

US/CHINA: Wal-Mart denies job cuts talk just-style.com | 16 Apr 09

Wal-Mart has moved to quash reports that it is cutting jobs across its operations in China.

US: Sam's Club names Hefner EVP of merchandising just-style.com | 16 Apr 09

Wal-Mart Stores Inc has promoted Linda Hefner to the post of executive vice president of merchandising and replenishment at its Sam's Club division.

US: Wal-Mart recalls women's shoes with 'fall hazard' just-style.com | 14 Apr 09

US retail giant Wal-Mart Stores has started the voluntary recall of about 200,000 pairs of George branded women's shoes due to a fall hazard.

US: Retailers' March 2009 sales roundup just-style.com | 9 Apr 09

The following is a general roundup of US apparel and shoe chains' March 2009 sales results. The list will be updated as new results become available.

UK: Organic market tops GBP100m, growth to slow just-style.com | 9 Apr 09

The unprecedented growth of organic clothing in the UK is expected to slow this year, having increased more than tenfold since 2002, according to latest figures by a leading certifier.

US: Group urges Obama to resolve Mexico trucking issue just-style.com | 8 Apr 09

An ad hoc coalition that includes the American Apparel & Footwear Association (AAFA) and Wal-Mart Stores has sent a letter to US President Barack Obama urging him to quickly resolve a dispute with Mexico over allowing its trucks to transport goods into the US.

UAE: Dubai Cotton Centre set to open just-style.com | 7 Apr 09

The Dubai Cotton Centre (DCC), a cotton trading hub linking Asia and Uzbekistan, is due to begin operations later this month following a three-month delay.

WORLD: Organic cotton sales up 63% to top US$3bn just-style.com | 2 Apr 09

Sales of organic cotton were up 63% to an estimated US$3.2bn in 2008, but the market is facing a glut as demand fails to keep pace with production, a new report suggests.

ANALYSIS: Will others follow Liz Claiborne’s sourcing shift? just-style.com | 24 Mar 09

Does the move by Liz Claiborne to wind up its sourcing department and buy all its offshore garments through Hong Kong-based Li & Fung mark the end of the trend for sourcing direct? Mike Flanagan thinks not, but believes more questions will be asked about the best use of resources.

JAPAN: Retailers up discounts through direct imports just-style.com | 13 Mar 09

Taking a leaf from the Fast Retailing business model, Japan’s top supermarket chains have upped the ante by stepping up direct imports of clothing for sale at discount prices in their stores.

US: Wal-Mart names Brian Cornell as Sam's Club CEO just-style.com | 10 Mar 09

Wal-Mart Stores has named Brian Cornell as president and CEO of Sam's Club, the company's members-only warehouse operating division.

US: Wal-Mart February sales rise 2.8% just-style.com | 6 Mar 09

Discounter Wal-Mart Stores, the world’s largest retailer, has posted a 2.8% rise in February sales, as cash-strapped customers continue to flock to its stores.

US: Retailers' February 2009 sales roundup just-style.com | 5 Mar 09

The following is a general roundup of US apparel and shoe chains' February 2009 sales results. The list will be updated as new results become available.

COMMENT: Is recession rewriting the sourcing rulebook? just-style.com | 3 Mar 09

As long as the economic downturn continues, apparel businesses are going to be more motivated by short-term survival than by great long-term strategies believes Mike Flanagan. Here he asks whether recession is changing the rules – and takes a closer look at some of the sweeping generalisations doing the rounds.

CANADA: Wal-Mart Canada to close Sam's Club division just-style.com | 27 Feb 09

Wal-Mart Canada is closing its Sam's Club Canada business and will focus instead on rolling out its supercentres in the country.

US: Carter’s “encouraged” by US$75m FY profit just-style.com | 25 Feb 09

Children’s wear specialist Carter’s recorded a US$75.1m profit for fiscal 2008, despite a slight fall in fourth quarter net income to $27.3m.

CHILE: Wal-Mart makes follow-on bid for rest of D&S just-style.com | 24 Feb 09

Supermarket giant Wal-Mart Stores has made a follow-on tender offer to buy the remaining shares in Chilean supermarket group Distribucion y Servicio D&S SA that it does not already own.

US: Wal-Mart agrees to $17.5m lawsuit settlement just-style.com | 23 Feb 09

Retail giant Wal-Mart Stores has agreed to settle a pending discrimination lawsuit in the US, which the company denies.

MEXICO: Walmex to open 252 new stores just-style.com | 20 Feb 09

Wal-Mart de Mexico plans to spend MXN11.8bn (US$805m) on opening 252 new stores as the company expands into new cities in the country.








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