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Walmart to open 219 locations in 2013, slow capital spending growth

Home Furnishings News has reported that Walmart said it would open about 219 U.S. locations, including Walmart stores, Sam’s Clubs and its new smaller-format Neighborhood Markets in fiscal year 2013, the company told attendees at its annual conference for the investment community earlier this week.  At the same time, the retailer said its planned capital expenditures […]

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WM replenishment conference agenda

We have the link here for the Walmart Replenishment Conference agenda.  This replenishment conference is great for all suppliers who are serious about improving current item performance and orders.  New suppliers benefit by understanding Walmart and Walmart process in more detail.  Existing suppliers can use the conference to get deeper into understanding Walmart replenishment systems.  It […]

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Walmart to hold item management systems updates via webinars

Walmart continues to share the strategic direction around item management systems and processes planned over the next 2-3 years.  One-hour webinars are being conducted August 22 and November 13, 2013. As you have heard, Walmart is focused on developing and deliverying innovative solutions to: Provide visibility to more than 9000+ new attributes Simplify processes internally […]

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Tabletops Unlimited Launches Bella Brand in kitchenware and tableware collections

HomeWorld’s Peter Giannetti interviews Tabletops Unlimited’s Dar Molayem about TTU’s launch of Bella kitchenware and tableware collections licensed by Sensio. 2012 IH+HS Interview with Dar Molayem of Tabletops Unlimited

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HSN Reports Target Net Falls 5.2 Percent in Fourth Quarter

Rising expenses slimmed Target’s fourth-quarter net income by 5.2 percent to $981 million, bringing the mass merchant’s fiscal year to a close with $2.9 billion in net income, about flat with last year’s bottom line. Read Full Article

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HFN Reports Sears Posts Losses for Fourth Quarter and Fiscal Year

Sears Holdings reported a net loss of $2.4 billion for the fourth quarter and $3.1 billion for the fiscal year ending on Jan. 28. Read Full Article

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Food Navigator-USA: Heinz: We’ll ‘hope for the best and plan for the worst’ in the US market

Improving economic data notwithstanding, the US market will remain challenging for packaged food companies for some time, according to bosses at Heinz. Read Full Article

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USA Today reports Wal-Mart takes controlling stake of Chinese retail website

 Wal-Mart Stores plans to buy a controlling stake in the fast-growing Chinese online retailer Yihaodian.  Yihaodian sells more than 180,000 products, including groceries, electronics and apparel. Read Full Article

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Reuters reports that Walmart wins with a back-to-basics approach

Wal-Mart Stores Inc’s (WMT.N) turnaround appears to be gaining traction as simple strategies like undercutting competitors by a penny on a gallon of milk are helping to restore its image as the go-to retailer for budget-conscious Americans. Read Full Article

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