Walmart

Massmart CEO Says Not Ready To Let Department Chain Fail

Massmart's new chief executive Mitch Slape said on Wednesday he was not ready to let the firm's Game department chain fail as the South African retailer un...

Asda 'Slow To Adapt' To Lower Demand For Non-Food Items, Says Analyst

Asda has been 'slow to adapt' to declining demand for non-food products in its retail outlets, which is weighing on its performance, a leading retail analy...

Walmart Sees Slowing Online Sales Growth After Lacklustre Holiday Quarter

Walmart Inc forecast slowing online sales growth for the year after missing Wall Street expectations for quarterly sales and profit, hurt by a shorter holi...

South Africa's Massmart Forecasts Annual Loss, Plans To Reorganise Business

South Africa's Massmart Holdings has forecasted a loss for the full-year as it battled tough trading conditions in the second half and said it will reorgan...

Walmart US Chief Merchandising Officer Bratspies Departs

Chief merchandising officer of Walmart Inc's US operations, Steve Bratspies, is set to leave the big-box retailer, according to an internal memo. C...

Walmart Opens 'Case-Ready' Meat Facility In Thomasville

Walmart has announced that it has opened a state-of-the-art meatpacking and processing facility for Angus beef in Thomasville, Georgia, USA. The facilit...

South Africa's Massmart Could Cut 1,440 Jobs

South Africa's Massmart Holdings could cut up to 1,440 jobs under a plan to close some stores, the retailer said on Monday as it struggles to gro...

Walmart Dismisses 56 Executives In India As Part Of Restructuring

Walmart Inc, the world's largest retailer, has dismissed 56 of its executives in India as it restructures in the country. The move underscores the chall...