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Thursday, February 07


News

Inclusive hour for the disabled introduced by ASDA in Llangefni and Pwllheli

WMT

See both photosimages. ASDA is extending a trial of its inclusive hour, which aims to create the ideal shopping environment for the disabled, in selected stores across North Wales. Back in 2016, Asda was the first retailer to introduce a quiet hour and has since been working with a number of charities and local authorities to understand the simple changes which can be made to stores to aid customers to make them more inclusive for people with hidden conditions. Across the stores employees have gained a better understanding about dementia and autism by undertaking awareness sessions. Asda launched the inclusive hour and has worked closely with community groups to understand their shopping needs, including cutting out many electronic distractions, such as music and display TVs, whilst not using the Tannoy for any announcements, turning down the volume of the beeps on all checkouts, Ensure all specialist equipment e.g. wheelchairs, electric scooters are available and accessible and lowering lighting levels. Asda board member, Jodie Tate, said: “The inclusive hour trial shows how far we’ve come in recognising the needs of our customers with disabilities or hidden conditions and to promote inclusive shopping.”. Sorry, an error occurred.

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Wednesday, February 06


News

Walmart (WMT) Gains As Market Dips: What You Should Know

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Walmart (WMT) closed the most recent trading day at $95.64, moving +0.04% from the previous trading session. This has lagged the Retail-Wholesale sector's gain of 8.25% and the S&P 500's gain of 8.17% in that time. On that day, WMT is projected to report earnings of $1.33 per share, which would represent no growth from the year-ago period. Investors should also note WMT's current valuation metrics, including its Forward P/E ratio of 20.26. For comparison, its industry has an average Forward P/E of 16.61, which means WMT is trading at a premium to the group.

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National Pizza Day deals - Pizza Hut, Papa Johns, Domino's, Pizza Express, Asda, Morrisons, Tesco - Birmingham Live

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You can read more in our cookie notice. Or, if you do not agree, you can click Manage below to access other choices. If you choose not to, you will still see adverts on our site, because they help us to fund it, but those adverts will not be tailored to you. National Pizza Day deals - Pizza Hut, Papa Johns, Domino's, Pizza Express, Asda, Morrisons, Tesco. National Pizza Day is here and that means it's an ideal chance to celebrate this fast food favourite. Whatever size, crust or toppings you prefer, there's something out there to suit all tastes. Veganuary saw a number of meat-free options added to menus too, broadening the appeal even more. So what deals can you enjoy in honour of National Pizza Day?

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walmart: Optimistic about Indian market despite changes in e-commerce FDI policy: Walmart, Retail News, ET Retail

WMT

The Bentonville-based retailing major's statement came after a recent report by global consultancy firm Morgan Stanley, which had hinted that Walmart may quit Flipkart as the new foreign direct investment (FDI) policy came into effect, which would lower its profitability in the long run. Morgan Stanley, in a report titled 'Assessing Flipkart Risk to Walmart EPS' dated February 4, claimed that "an exit is likely, not completely out of the question, with the Indian e-commerce market becoming more complicated." Tightening norms for e-commerce firms having foreign investment, the government, from February 1, barred online marketplaces like Flipkart and Amazon from selling products of companies where they hold stakes and banned exclusive marketing arrangements that could influence product price. Last year on August 18, Walmart had completed acquisition of 77 per cent stake in Flipkart for about $16 billion (Rs 1.05 lakh crore), a deal which gave the US retailer access to the Indian e-commerce market.

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Tuesday, February 05


News

Mattel's Fisher-Price recalls 44,000 Children's Power Wheels Barbie Dream Campers sold at Walmart

WMT MAT

Mattel Inc. subsidiary Fisher-Price Inc. said Tuesday it has recalled about 44,000 "Children's Power Wheels Barbie Dream Campers" for a potential injury hazard. The ride-one Power Wheels, which were sold exclusively at Walmart Inc.'s stores and website from July 2018 through January for about $400, and made in Mexico, can continue to run after the foot pedal is released, which poses and injury hazard, the U.S. Consumer Product Safety Commission (CPSA) said on its website. Fisher-Price said it has received 17 reports of the power wheels continuing to run, but there have not been any injuries reported. Over the past three months, Mattel shares have slumped 13.3% while the S&P 500 has eased 0.2%.

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Monday, February 04


News

Morgan Stanley: What Impact Will India's New E-Commerce Laws Have On Walmart?

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Morgan Stanley: What Impact Will India's New E-Commerce Laws Have On Walmart? Among the multiple new e-commerce laws India's ruling government enacted Feb. 1, online vendors can no longer offer exclusive deals for products on their platform and can no longer task one vendor with supplying more than 25 percent of an entire inventory, Quartz reported. At first glance, the new rules appear negative for Walmart and its Flipkart business, although the law remains subject to change and it is not yet clear how companies will adapt, Gutman said in a Monday note. Walmart isn't likely to consider divesting its stake in Flipkart, but at the end of the day it may be the right move if there is no longer a clear path toward achieving a profit in India, according to Morgan Stanley.

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[$$] Walmart's Plan B for its U.K. Checkout

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’s tidy-up of its overseas empire will hit a rough patch this month if trustbusters block the sale of its U.K. unit to a competitor. Rather than opening its own stores overseas, Walmart wants to become a controlling shareholder in strong domestic players. Walmart also has to become shrewder about where it allocates capital as it goes head-to-head with Amazon.

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Friday, February 01


News

Here's how much it costs to buy your Super Bowl party snacks at Aldi, Trader Joe's and Walmart

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The National Retail Federation estimates this year American adults will spend an average of $81.30 per person on the Super Bowl, though that figure does not break out how much people will spend strictly on food. Still, that felt like a lot, so I set out to determine whether I could buy food and drinks for 12 people for $50. Because the grocery stores around me do not sell alcohol, I've omitted beer from my calculations. If you are springing for beer at your party, make sure to budget about $20 for a case . Once I finalized the menu — Buffalo chicken wings, guacamole, salsa, tortilla chips, pretzels, pigs in a blanket and pop [Editor's note: She means soda] — I took my shopping list to three popular national grocery chains: Aldi, Trader Joe's and Walmart. For the purposes of my test, I assumed that I would already have on hand pantry staples like flour and oil, along with spices such as salt, pepper and cayenne pepper. Even in an expensive metro area like New York City, I found I was indeed able to score my snacks and stay roughly on budget. Trader Joe's also has a 32-ounce package of frozen organic chicken wings for $6.99, but the fresh option was cheaper. If you're shopping at Trader Joe's for your Super Bowl party, you will also have plenty of options when it comes to flavors, so this might be your pick if you want to prioritize quality and taste. If you are trying to keep costs low, though, you might want to look elsewhere.

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Amazon, Walmart Reel as Indian Curbs Plunge Market Into Chaos

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(Bloomberg) -- Amazon.com Inc. and Walmart Inc.’s grand plans for India were thrown into chaos on Friday after the country implemented new e-commerce regulations, which could cut their growth in the market by as much as half this year. “It will be at least six to eight months before they are able to find workarounds and restore listings,” said Singhal, the New Delhi-based chairman for Technopak. What’s clear is that Amazon and Walmart now have to re-tool their strategy and potentially ward off stiffer competition from physical retailers or local rivals with deep pockets such as conglomerate Reliance Industries Ltd., which may benefit from the new laws. Walmart and Amazon have amassed vast inventories in companies in which they have business interests and had sought a four- to six-month extension to help offload those products. But the decision to go forward with the new rules on schedule was announced Thursday evening. Flipkart’s fashion arm Myntra has a wide range of labels that it’s created and invested in -- those too must go. And so-called Alpha sellers that have sealed arrangements with Amazon and Walmart cannot sell on the websites, nor can phonemakers and fashion brands sell products exclusively on either platform.

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Thursday, January 31


News

Walmart Makes a Play for U.S. Sports Fanatics

WMT AMZN +1 more WMT AMZN FAN

Walmart(NYSE: WMT) has lagged behind Amazon(NASDAQ: AMZN) when it comes to licensed sports apparel and being able to offer certain prestigious brands in that space. But that's no longer the case, as the retail giant has partnered with Fanatics to launch a specialty store selling licensed sports apparel on Walmart.com. "Fanatics also holds exclusive licensing rights to produce and distribute merchandise for major professional sports leagues and events," O'Toole added, "which will enable us to quickly give customers access to the latest and greatest items for sports' biggest moments, including official fan gear for this weekend's Super Bowl and the recent NFL Conference Championships." "For Walmart, it increases the traffic on and brand image of the Walmart.com marketplace. As Walmart adds more leading brands to the marketplace, more consumers will think of it as a first place to do product searches, which Amazon currently dominates." That may not matter to hard-core sports fans who already knew where to buy apparel (whether it was through a league shop, a team store, or Fanatics directly). For casual fans, however, this makes impulse purchasing easier.

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