Wal-Mart Stores Inc

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

BANGLADESH: Alliance inspections reveal "dozens of deficiencies" Leonie Barrie | 28 May 14

The first round of inspection reports released by the Alliance for Bangladesh Worker Safety show that "dozens of deficiencies" have been identified in every garment factory. And the group now has just six weeks to release data on the remaining 600 factories supplying its member companies.


VIEWPOINT: The link between apparel supply chains and success Leonie Barrie | 28 May 14

Do the biggest companies also have the best supply chains - or should it be instead that the best supply chains help grow the most successful companies? It's quite a question, but there's no doubt that there's a connection between the two, especially when it comes to Zara-owner Inditex, H&M and Nike.


CHINA: Wal-Mart to invest US$93m in stores and logistics Michelle Russell | 20 May 14

Retail behemoth Wal-Mart is to invest CNY580m (US$93m) remodelling its existing stores in China, in addition to opening new ones, in a bid to enhance its operations in the country.


UK: Asda confident after first-quarter sales climb Katie Smith | 16 May 14

Supermarket retailer Asda is confident it is moving in the right direction, after reporting a slight increase in first-quarter like-for-like sales.


US: Q1 earnings drop pushes Wal-Mart shares down Michelle Russell | 15 May 14

Retail giant Wal-Mart Stores saw its share price slide this morning (15 May) after it booked a drop in earnings in the first quarter.


US: Wal-Mart plans "groundbreaking" closed loop fund Katie Smith | 6 May 14

Retail giant Wal-Mart Stores has unveiled plans to launch a "groundbreaking" closed-loop initiative, designed to transform the recycling system in the US.


UK: Sainsbury's promotes clothing boss in reshuffle Katie Smith | 1 May 14

Sainsbury's clothing boss James Brown has been promoted to director of all non-food trading, as part of a reshuffle to prepare for the departure of CEO Justin King.


High inventories at US retailers is causing concern Leonie Barrie | 29 Apr 14

Stung by unseasonably cold spring weather that blanketed many parts of the US just as they were rolling out their spring merchandise, retailers have not only been hampered by sluggish sales but are also battling high levels of inventory, analysts warn.


CHINA: Wal-Mart makes Asia management changes Michelle Russell | 25 Apr 14

Retail giant Wal-Mart has made a number of senior management appointments in its Asia region, which it says will add to its strength in the region.


Rana Plaza one year on: Timeline of change Leonie Barrie | 24 Apr 14

The Rana Plaza factory disaster has proved to be a catalyst for change in Bangladesh. While there has been criticism of the speed of the factory inspection process and efforts to improve worker safety, a timeline of major milestones shows that progress is being made.


UK: Analysts have high hopes for Primark's US launch Katie Smith | 24 Apr 14

The news that Primark will open its first store in the US next year has been well received by analysts, with one saying it will significantly increase the UK value fashion chain's long-term growth potential.


MEXICO: Walmex Q1 profit falls on higher costs Katie Smith | 23 Apr 14

Retailer Wal-Mart de Mexico, known locally as Walmex, has blamed higher expenses and a shift in the timing of Easter for a 4.5% drop in first-quarter profit.


CHINA: Workers strike at Adidas supplier shoe factory Michelle Russell | 16 Apr 14

Thousands of workers at Taiwanese-owned Yue Yuen shoe factories in Dongguan, which supplies Adidas and Nike, have continued to strike for a second time over social security payments.


US: Wal-Mart exec to lead Levi Strauss e-commerce Katie Smith | 15 Apr 14

Levi Strauss & Co has tapped Wal-Mart executive Marc Rosen to head up e-commerce, as the denim giant looks to strengthen its online operations.


INDIA: Wal-Mart sets out store and e-commerce growth plans Michelle Russell | 14 Apr 14

Global retail giant Wal-Mart has revealed growth plans for its wholesale store division in India including the opening of additional stores and an extension of its B2B e-commerce platform.


WORLD: Adidas plans mobile phone hotline at all suppliers Leonie Barrie | 11 Apr 14

The use of mobile phones to monitor workers in apparel supply chains is continuing to gain momentum, with sportswear giant Adidas now planning to roll the service out to all of its suppliers in the next few years.


US: Abercrombie & Fitch appoints Crevoiserat as CFO Michelle Russell | 10 Apr 14

US apparel retailer Abercrombie & Fitch has appointed Kohl's EVP of finance, Joanne Crevoiserat, as its CEO.


WORLD: Apparel gives strong showing in brand rankings Michelle Russell | 8 Apr 14

The latest listing of the best global brands show clothing performed well, with US department store retailer Macy's increasing its brand value by more than 25%, and H&M ranking as the top retailer in its region.


BANGLADESH: Calls reignited for Tazreen compensation Katie Smith | 4 Apr 14

The pending anniversary of Rana Plaza has reignited calls for compensation to be given to victims of the Tazreen Fashions fire, in the hope they will not be forgotten.


Comment: Sourcing segmentation is at odds with the data David Birnbaum | 28 Mar 14

The latest word is "segmentation": a trend whereby China is losing its position as a low-cost garment exporter and other countries have stepped up to claim their part of the manufacturing pie. The problem, says David Birnbaum, is that the concept is somewhat at odds with the data.


BANGLADESH: Contributions call stepped up as funds fall short Michelle Russell | 26 Mar 14

Campaigners are stepping up their calls for brands to pay into the Rana Plaza compensation fund after it was revealed to just-style that less than 20% of the amount required to make payments to all workers has so far been received.


UK: HQ jobs to go in Asda restructuring Katy Askew | 25 Mar 14

Asda, the UK supermarket arm of Wal-Mart, has confirmed it will be cutting head office jobs as part of a cost cutting drive.


Li & Fung highlights need for change in the supply chain Michelle Russell | 14 Mar 14

The apparel industry and its supply chain have experienced "profound change" and "significant action" following recent factory tragedies in Bangladesh, according to Rick Darling, executive director of government & public affairs at Li & Fung. Speaking in London this week, he discussed the industry's efforts to improve factory safety, the role played by manufacturers, retailers and authorities, and the increasing need for transparency.


Interview: Innovation backs Burlington’s 90 years in business Michelle Russell | 13 Mar 14

Founded in 1923, North Carolina-based Burlington Industries has spent the last 90 years transforming itself into the world's largest textile manufacturer. Here, president Jeff Peck talks to Michelle Russell about the secrets to the company's success, the ongoing challenges facing the textile industry, and what the future is likely to hold.


BANGLADESH: Alliance factory inspections get underway Siddique Islam | 13 Mar 14

The group of 27 North American retailers and brands working to improve safety in Bangladesh has started inspections on more than 400 garment factories used by its members.


BANGLADESH: Workers see safety offsetting output Leonie Barrie | 24 Feb 14

Garment workers in Bangladesh not only lack basic knowledge on fire and building safety but also feel fire drills and safety training take too much time and increase pressure on them to reach production targets, a survey has found.


BANGLADESH: Krilla steps down as Alliance refocuses on Dhaka Leonie Barrie | 24 Feb 14

Plans by the Alliance for Bangladesh Worker Safety to shift most of its work from Washington to Dhaka, where efforts are currently underway to accelerate its factory inspections, will also see Jeff Krilla step down as president and CEO.


BANGLADESH: Union urges brand commitment to Rana Plaza fund Michelle Russell | 24 Feb 14

Global unions and labour rights groups are calling for more brands to commit to the Rana Plaza compensation fund as the one year anniversary of the industrial disaster approaches.


In the money: Wal-Mart price investment to boost comps Michelle Russell | 21 Feb 14

Retail giant Wal-Mart says one of its priorities during the current fiscal year will be to fix US comparable store sales by sharpening its focus on lower prices.


Is the tide turning for the US cotton yarn sector? Michelle Russell | 20 Feb 14

An acceleration of investment in the US spinning and weaving sector by overseas firms - including those in China and India - appears to be driven by a number of factors including falling US energy costs, local subsidies and "yarn forward" rules of origin. But is the tide really starting to turn? asks Michelle Russell.

1

...

4

6

8

...

16

just-style homepage



Forgot your password?