Walmart News Now

02/17/2011 - 12:20

Okay, stop snickering. Target this week revealed that the name of its new small format stores would be CityTarget. The company offered that nugget in connection with news that it would open a small-format store in downtown Chicago at the Sullivan Center development located in the heart of downtown at South State Street and Madison.

02/17/2011 - 12:07

Borders Group on Thursday won bankruptcy court approval to liquidate approximately 200 stores in a deal that may bring in $175 million to creditors. The sales will begin Feb. 19, allowing Borders to take advantage of the President’s Day holiday, typically a major shopping weekend.

02/10/2011 - 18:46

Crain’s New York Business this week reported on an interesting situation involving Walmart and the hype surrounding the company entry into the city. According to author Greg David, “as the opponents of Walmart continue their campaign to prevent the company from opening stores in New York, it remains a mystery how they intend to do that.

02/10/2011 - 18:39

Those who believe the world is on the brink of collapse may want to head over to Sam’s Club.com where the retailer is offering a one-year emergency food supply kit for $949.

02/10/2011 - 18:05

Word out of Minneapolis this week courtesy of a Bloomberg story is that Best Buy plans to emulate Walmart’s pricing model in order to confront the issue of price transparency and simplify its operations. Smartphone wielding shoppers armed with price comparison apps have quickly changed how consumers shop and make purchases of highly considered items, such as those which dominate the product mix at Best Buy or in Walmart’s electronics department.

02/10/2011 - 16:13

Walmart has sold AT&T iPhones in its store for several years now so it shouldn’t have come as a surprise that the company would be offering the iPhone 4 now that it is available on the Verizon network.

02/10/2011 - 16:09

A lack of visibility into Walmart’s sales performance coupled with concerns about the pace of a U.S. sales recovery is contributing to some apprehension on Wall Street regarding the company’s fourth-quarter performance.

© 2013 Retailing Today. All Rights Reserved.