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,…

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…

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…

US: Wal-Mart steps up pressure on suppliers for organic offerings

Wal-Mart recently announced that it intends to rapidly increase its organic offerings and this, reportedly, has led to increased pressure…

US: Wal-Mart shows double figure Q1 sales growth

Wal-Mart Stores has reported a 12.3% net sales leap to US$79.613bn for the first quarter of 2007, attributed to “driving…

US: Wal-Mart CEO says ‘transformation’ on the way

Lee Scott, CEO of US retail giant Wal-Mart, told journalists at the second annual Wal-Mart media conference that the company…