Wal-Mart's premium push Archives - Just Food
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Wal-Mart's premium push

Wal-Mart looks to add style to value

In a bid to boost its appeal among more affluent consumers, Wal-Mart is revamping its discount stores in the US, and the development of the retailer’s food offer is seen as key to attracting new...

US: CEO says Wal-Mart adapting as market changes

US: CEO says Wal-Mart adapting as market changes

Addressing shareholders at the retailer’s 36th annual shareholders meeting, Wal-Mart CEO Lee Scott said that the company’s transformation plan, “Wal-Mart Out in Front”, was delivering results for the company. Scott added that the world’s largest retailer will continue to implement demand-driven changes through throughout the year.

US: Wal-Mart same store sales up 2.3%

US: Wal-Mart same store sales up 2.3%

The world’s largest retailer Wal-Mart has said that its same store sales in May rose 2.3%, prompting concern that high fuel and utility prices could have a negative impact on the company’s results.