Wal-Mart set for new CEO Archives - Just Food
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Wal-Mart set for new CEO

US: Wal-Mart lowers earnings outlook

US: Wal-Mart lowers earnings outlook

US retailer Wal-Mart Stores warned its full-year earnings will come in below previous expectations this morning (14 November), on soft sales and one-time expenses.

In the spotlight: Wal-Mart brings investment focus home

In the spotlight: Wal-Mart brings investment focus home

Wal-Mart Stores outlined its strategy for the coming fiscal year at its annual investment community meeting yesterday (16 October). The world's largest retailer raised its capital expenditure forecast in the US while scaling back its international investment plans. Significantly, the company said it would close under performing stores in Brazil and China and reduce store openings in Mexico and India - possibly reflecting concerns over the growth outlook in emerging markets. Katy Askew reports.

US: Wal-Mart boss outlines strategic objectives

Increasing comparable store sales in the US, improving international returns and reducing expenses are the key strategic objectives for retail giant Wal-Mart Stores, investors have been told. Company president and…

In the Spotlight – Mike Duke, Wal-Mart

This week has seen two major appointments shake the food retail landscape. Just days after Carrefour named a new CEO, arch-rival Wal-Mart looked within and appointed Mike Duke, the head of…