10 result(s) displayed (1 - 10 of 10):
Carrefour SA is facing pressure from activist shareholders to sell some operations in China and Latin America, just as several other retailers are building up in these emerging markets. According to Le Monde (via this Bloomberg report), shareholders are agitating for change because the supermarket chain has lost 30% of...
Posted on September 28, 2009 3:42 PM
Is Russia Wal-Mart Stores Inc.'s (NYSE:WMT) next emerging market target? Russia's leading grocery chain operator thinks it is. Speaking to reporters at an economic forum, via this Reuters report, X5 chief executive Lev Khasis said Wal-Mart has "ambitious plans regarding Russia" and will enter the market soon. Khasis didn't say...
Posted on June 4, 2009 3:16 PM
Wal-Mart Stores Inc. (NYSE:WMT) is expected to open its first retail operation in India this month. As this Time.com article notes, that doesn't mean the discount chain's logo or low prices will be on display. Instead Wal-Mart will operate as a wholesale retailer, providing back-end support to its joint venture...
Posted on May 15, 2009 12:20 PM
Many tech-friendly consumers have basked in the seeming grandeur of Apple Inc. incarnate -- its trendy retail stores. Now Microsoft Corp. wants in on the action -- and the cash -- and has hired 25-year Wal-Mart Stores Inc. veteran David Porter to head its retail strategy.Opening stores in the...
Posted on February 13, 2009 2:39 PM
The U.K.'s largest retailer, Tesco plc, will initially spend up to £60 million ($114 million) to develop a wholesale "cash and carry" business in India, hoping to tap India's $250 billion retail market. Tesco is also entering into an exclusive franchise agreement with Trent, the retail arm of the Tata...
Posted on August 12, 2008 4:25 PM
Wal-Mart Stores Inc., the world's largest retailer, may very well want to become the world's largest home electronics service company. But how does a retailer of such immense scale -- with limited experience in service, let alone in a niche as technical as electronics -- accomplish this? That was the...
Posted on June 26, 2008 1:18 PM
Before he became the CFO working to fix Cott, Juan Figuereo did nearly a career's worth of emerging market work for PepsiCo and Wal-Mart. He learned much about deals along the way...
Posted on March 12, 2008 2:27 PM
On Wednesday, Toshiba Corp., Sony Corp. and Sony Computer Entertainment Inc. (SCEI) made their joint venture official. The agreement, which was first announced in October, calls for manufacturing high-performance semiconductors for game consoles, including the "Cell Broadband...
Posted on February 20, 2008 10:26 AM
How a whirlwind divestiture campaign helped global retailer Royal Ahold pull back from the brink, put a major scandal behind it, and face the future on a firm footing.
Posted on February 15, 2006 4:30 PM
Raymond L. Arthur's move into the CFO's office at Toys "R" Us Inc. comes at a pivotal time for the company, landing the executive in the middle of a planned reorganization that will determine the retailer's future. These are tough times in toyland, with multiple bankruptcies (KB Toys Inc.,...
Posted on August 15, 2004 2:05 PM
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