Wal-Mart Stores Inc

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Walmart streamlines online procurement process Michelle Russell | 16 Feb 17

US retail giant Walmart is streamlining the process of how it gets in-store items – including apparel – to appear online, in a move that means suppliers will no longer need to deal with two separate buyers.

Walmart snaps up online outdoor giant Moosejaw Michelle Russell | 15 Feb 17

Walmart has acquired online outdoor apparel and gear retailer Moosejaw as the US retail giant works to close the gap on Amazon.

Walmart Foundation grants $3m to support US textiles Michelle Russell | 26 Jan 17

The Walmart Foundation is to provide US$3m in grants through its US Manufacturing Innovation Fund to six leading universities to help boost sustainability and innovation in domestic textile manufacturing.

Walmart preparing to make 1,000 job cuts? Michelle Russell | 12 Jan 17

US retail giant Walmart Stores is understood to be preparing to cut around 1,000 corporate jobs before the end of the month.

Wal-Mart promotes Furner to Sam's Club CEO Michelle Russell | 9 Jan 17

US retail giant Wal-Mart Stores Inc has promoted John Furner as chief executive of its Sam's Club division following the retirement of Rosalind Brewer.

Walmart's Jet acquires ShoeBuy in $70m deal Beth Wright | 5 Jan 17

E-commerce start-up Jet.com has acquired online footwear, clothing and accessories retailer ShoeBuy through its parent company US retail behemoth Walmart, from InterActiveCorp (IAC) in a deal worth US$70m.

Brands urged to tackle child slavery in India spinning mills Michelle Russell | 4 Jan 17

Various forms of modern slavery, including child slavery, have been found in around 90% of spinning mills in South India producing yarn that makes its way into garment factories in India, Bangladesh and China supplying western brands and retailers, a new report claims.

US Q3 in brief – The Finish Line, Destination Maternity, Cherokee, Sears Michelle Russell and Beth Wright | 9 Dec 16

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging conditions and warm weather for a fall in both earnings and sales. Abercrombie & Fitch, meanwhile, revealed a "disastrous" quarter as sales fell and earnings plummeted 80%, while American Eagle Outfitters booked record sales and its 9th consecutive quarter of profit improvement.

Fashion firms failing to address deforestation risk Michelle Russell | 6 Dec 16

Leading international businesses – including apparel and textile companies – are ill-prepared for the risk that comes from sourcing products linked to deforestation, a major cause of climate change, a new report claims. 

Asda prioritises price and product as Q3 sales slide Michelle Russell | 17 Nov 16

The key priority for Asda is a focus on improving product availability and investing in price, the UK supermarket retailer has said, after revealing a fall in sales in its third-quarter. 

Wal-Mart sued over false Egyptian cotton claim Michelle Russell | 11 Nov 16

A lawsuit has been filed against retail giant Wal-Mart over the sale of products falsely labelled '100% Egyptian Cotton' from Indian textile company Welspun, years after it first suspected they may not have been made from the premium fibre.

Apparel brands "ignoring" refugee abuse in Turkey factories Michelle Russell | 25 Oct 16

The majority of large apparel brands are ignoring the "endemic" abuse of Syrian refugees in Turkish clothing factories supplying European retailers, a new report has found. 

Walmart turns focus to online as store openings slow Michelle Russell | 10 Oct 16

US retail giant Walmart is to slow down the pace of its store openings but plans to ramp up growth in its online division as part of a new strategic framework.

Walmart eyes China growth after doubling JD.com stake Michelle Russell | 6 Oct 16

Retail giant Walmart has nearly doubled its stake in Chinese e-commerce retailer JD.com in a move that will likely allow it to grow e-commerce even faster in the country.

US Q2 in brief - The Finish Line, Cherokee, Zumiez, Vince Holding, Tailored Brands Michelle Russell and Beth Wright | 9 Sep 16

In the most recent second-quarter filings from US apparel and footwear brands and retailers, Tailored Brands showed improvement on Q1 but saw earnings slide, while DSW booked mixed results. Abercrombie & Fitch widened its net losses but remained optimistic, while Destination Maternity revealed improved losses. Express, meanwhile, delivered what it described as a "disappointing" second-quarter, below management expectations, and Macy's saw a "distinct" improvement in its sales and earnings trends for the quarter. 

Asda Q2 sales worst on record Michelle Russell | 18 Aug 16

UK retailer Asda has recorded its worst quarterly sales performance on record as the "competitive environment" weighed on results. 

Walmex sells Suburbia clothing unit for US$853.3m Beth Wright | 11 Aug 16

Supermarket retailer Wal-Mart de Mexico, known locally as Walmex, has agreed to sell its Surburbia apparel division to Mexico's biggest department store chain, El Puerto de Liverpool SAB, for MXN15.7bn (US$853.3m) in a move it says will allow it to focus on its core business.

Where next for Walmart’s 3D apparel design pilot? Leonie Barrie | 11 Jul 16

For the uninitiated, 3D design and prototyping software is hailed as a disruptive technology with the potential to boost efficiency and product development workflow, speed decision-making, fuel creativity, and save time and cost. For US retail giant Walmart, it has been fraught with unexpected challenges.

Walmart's 'Made in USA' pledge misleading  Leonie Barrie | 28 Jun 16

As retail giant Walmart prepares for its annual US Manufacturing Summit today (28 June) – which includes an open call for US-made products – the company has been accused of misleading consumers over its 'Made in USA' efforts.

Wal-Mart eyes China turnaround with JD.com deal Michelle Russell | 21 Jun 16

Wal-Mart has swapped its Chinese online grocery business for a stake in the country's second largest e-commerce site, in a move that will likely see the US retail behemoth attempt to turn around its China business.

Wal-Mart banks on tech investment to boost online sales Michelle Russell | 6 Jun 16

US retail giant Wal-Mart has expressed confidence that its technology investments will enhance the group's online sales as it rolls out crucial initiatives to boost its competitiveness in the digital space.

Now Walmart accused of supply chain worker abuses Leonie Barrie | 1 Jun 16

US retail giant Walmart is the latest company to be accused of not doing enough to improve conditions for garment workers at its supplier factories in Asia.

Asda Q1 sales tumble on "fierce competition" Michelle Russell | 19 May 16

UK retailer Asda has posted a fall in like-for-like sales in its first-quarter as a result of tough competition in the supermarket sector and traffic declines. 

US court dismisses lawsuit over Rana Plaza collapse Leonie Barrie | 11 May 16

A lawsuit launched against three US retailers by victims of the Rana Plaza building collapse in Bangladesh has been dismissed largely on technicalities.

Fruit of the Loom awarded Wal-Mart supplier of year Michelle Russell | 2 Mar 16

Apparel manufacturer Fruit of the Loom has received two awards from retail giant Wal-Mart, including omni-channel supplier of the year. 

Asda sales continue on downward trajectory  Katie Smith | 19 Feb 16

UK supermarket retailer Asda has said it is cautiously optimistic its sales will improve, despite posting another decline in quarterly like-for-likes. 

Wal-Mart lowers outlook on Q4 decline Michelle Russell | 18 Feb 16

Wal-Mart has lowered its fiscal 2017 sales outlook after both its fourth-quarter and full-year profits declined on lower sales and higher operating expenses.

Wal-Mart awards $2.8m for textile innovations Katie Smith | 22 Jan 16

As part of ongoing efforts to boost domestic production and increase the assembly of consumer products in the US, retail behemoth Wal-Mart has awarded US$2.8m to five universities for their work on innovations in textile manufacturing. 

Head of Asda's George to step down amid HQ cuts Michelle Russell | 20 Jan 16

Fiona Lambert, the head of Asda's George clothing division, is to step down from her role amid a structural review at the UK retail group that will see hundreds of head office jobs cut. 

Wal-Mart to axe 269 stores and 16,000 jobs Michelle Russell | 18 Jan 16

US retail behemoth Wal-Mart is to close 269 stores globally as part of a review of its portfolio first announced last year, in a move that will affect around 16,000 employees.






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