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Chief Executive Officer Lee Scott told investors Wednesday that Wal-Mart Stores is focused on improving flagging sales at its existing U.S. stores, even as it cuts plans for new store openings in an increasingly saturated market. ...more
October 25, 2007
The mega-retailer's plans include more stores, many of them smaller supercenters or neighborhood markets, and older-store rehabs. ...more
October 24, 2007
Wal-Mart Stores became famous for low-price general merchandise. Future stores, however, will better resemble a neighborhood grocer. ...more
October 24, 2007
Retail sales in October may rise more slowly than previously forecast as stores continue offering discounts before the holiday shopping period to attract shoppers facing higher costs. ...more
October 24, 2007
The calculus of living paycheck to paycheck in America is getting harder. ...more
October 20, 2007
39,000 Number of sampling events in Sam's Club, weekly 68.5 Percentage of customers who buy item after sampling 200 Percentage rise in impulse buys at the most successful Sweetbay Supermarket sampling events $16 Average hourly wage samplers can make with some companies $2 billion Annual retailer and manufacturer investment for in-store sampling 11,200 People employed as samplers by Sam's Club Sources: Sweetbay Supermarket, Wal-Mart Stores, Mass Connections, Supermarket News, Promotion Marketing Association ...more
October 20, 2007
Critics say ConAgra Foods Inc.'s delay in recalling pot pies linked to a nationwide salmonella outbreak increased the chance that more people would become sick, opened up the company to greater liability, and exposed a key weakness in the nation's food safety system: voluntary recalls. ...more
October 15, 2007
Several of the nation's largest retailers cut their earnings forecasts Thursday after lingering summer weather and an uncertain economy kept consumers from shopping last month and left the big merchants with disappointing sales. ...more
October 12, 2007
Wal-Mart Stores, the world's largest retailer, was sued by wheeled-footwear maker Heelys for making knockoff skates that Heelys claims violate a patent. ...more
October 11, 2007
Publix Super Markets' future growth includes its restaurant and organic grocery ventures, company President Ed Crenshaw said Friday. ...more
October 6, 2007
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