Walmart

Asda Like-For-Like Sales Down 5.8% In Q3

Supermarket retailer Asda has dropped 5.8% in like-for-like sales for the third quarter, while its parent company Wal-Mart's earnings have surged ahea...

Wal-Mart Tops Earnings Estimates After Traffic, E-Commerce Grows

Wal-Mart Stores Inc. topped third-quarter earnings estimates and boosted its annual forecast, a sign the world’s largest retailer is benefiting from...

Esselunga Names Advisor To Evalute Non-Binding Bids

The Board of Directors of Esselunga has appointed US investment bank Citigroup to assess the non-binding bids from private equity funds who have expre...

Wal-Mart's $3.3 Billion Acqui-Hire Might Be Worth It: Gadfly

Walmart's making an exception to its "Everyday Low Prices" rule. The world's biggest retailer announced on Monday it was buying upstart online...

Wal-Mart’s Deal for Jet.com Said to Hinge on Keeping Its Founder

Wal-Mart Stores Inc. and e-commerce startup Jet.com Inc. are trying to close a $3 billion acquisition as soon as Monday that will require Jet founder Marc...

Private Equity Funds Interested In Italy’s Esselunga

International private equity funds have expressed interest in acquiring Italian supermarket chain Esselunga, according to local media reports. Italian d...

Wal-Mart Brings Back Greeters To Entrances In Theft Battle

Wal-Mart Stores Inc. will begin deploying employees to all its entrances and exits in a move to deter shoplifters and improve customer service, reviving a...

Wal-Mart To Cut Board To 12 Directors As Four Members Retire

Wal-Mart Stores Inc. plans to cut the size of its board to 12 directors as four of its current members – including former Chief Executive Officer Mik...