Borders, the nation’s second-largest bookstore chain, has struggled for years due to competition from both fellow bricks-and-mortar outlets and online booksellers. It’s latest move to combat that is an offer to match the compet…
Consumers are still cautious about spending as the effects of the recession linger. But many retailers are feeling more optimistic as we head into the holiday shopping season. Here’s a look at the people who are leading retail …
Walmart Stores (WMT) may change its plans to buy South African retailer Massmart, choosing instead to take a majority stake in the company.
This would allow Massmart to maintain its listing on the Johannesburg Stock Exchange, The Wall Street Journal reported.
Walmart is now weighing up the option of buying a stake in Massmart greater than 50% of the company. The price would remain…
Continue reading Walmart Considers Scaling Back Massmart Plans
Walmart Considers Scaling Back Massmart Plans originally appeared on DailyFinance on Thu, 28 Oct 2010 06:44:00.
Filed Under: Company News, Wal-Mart Stores, Retail, Stocks in the News
Wal-Mart Stores (WMT) CEO Michael Duke said he is “optimistic” that foreign companies will be allowed to invest in the Indian retail sector.
Wal-Mart is hoping that India’s government will loosen restrictions on foreign investment after the trade min…
Attention book lovers: The Nook and Kobo electronic readers are finally joining the iPad and Sony e-readers at Walmart. But with so many e-reading devices available or soon to be available at the world’s largest retailer, could…