english news

Retail : News WAL-MART faces labour challenge in Philippines As reported in the Financial Times, Wal-Mart is being accused of failing to respond to anti-union violence at one of its supplier’s factories in the Philippines . The Worker Rights Consortium,...

Retail : News WHOLE FOODS aim to stay ahead of Wal-Mart One of Whole Foods Market’s goals is to “keep innovating to stay ahead of Wal-Mart,” according to the company’s chief operating officer Walter Robb. In an interview with The Oregon, Robb said, “We...

Retail : News WOOLWORTHS Australia may buy back shares The chief executive of Woolworths in Australia , Michael Luscombe, speaking on television over the weekend, has said that the retailer may offer a massive share buyback next year if the group’s acquisition...

Retail : News WOOLWORTHS (UK) chairman to step down in June Woolworths has announced that its chairman, Gerald Corbett, will step down from the board on June 6. The company has said that Mr Corbett will be replaced by Richard North, who has been a member...

Retail : News WOOLWORTHS (UK) to expand use of kiosks in store Woolworths (UK) has announced that it is going to sell mobile phone ringtones through kiosks instore. The expanding product range at kiosks is likely to be mirrored with a further rolling...

Retail : News WAL-MART segments shoppers into three groups In an interview with the New York Times, Wal-Mart’s new chief merchandising officer, John Fleming, and new chief marketing officer Stephen Quinn, have revealed how Wal-Mart segments its shoppers...

Retail : News Walmart mexico - WALMEX investments in northern Mexico Wal-Mart’s Mexican subsidiary Walmex has announced plans to invest USD107 million in northern Mexico this year. The investment represents 11% of Walmex’s capital expenditure programme...

Retail : News STAPLES posts strong results Staples has announced its results for the fourth quarter and fiscal year ended February 3, 2007 . Total company sales for the fourth quarter grew 18% from last year to USD5.3 billion. Excluding an extra week...

Retail : News SPAR (AUSTRIA) FY 2006 results SPAR ( Austria ) has reported a 9.2% rise in total group sales for 2006 to EUR7.97 billion (USD10.99 billon), mainly due to increased sales from its foreign country operations. Domestic sales rose by 4% to...

Retail : News SEARS FY results Sears has reported that for the fiscal year of 53 weeks ended February 3, 2007 , total revenues were USD53,012 million, an increase of 8.4% compared with last year. For the year, domestic comparable store sales declined...