Thursday, August 31, 2006

Viewpoint Tesco could be about to fleece Argos

Viewpoint Tesco could be about to fleece Argos
Nils Pratley
The Guardian
31 Aug 2006

There is a very funny gag in Time Trumpet, Armando Iannucci’s BBC2 look-back from 2031 on news from the preceding 25 years, in which Tesco, having opened stores in every square mile of Britain, invades Denmark. The war lasts five hours and Tesco wins.... read more...

Thursday, August 24, 2006

Wal-Mart may be just too American to succeed globally

Wal-Mart may be just too American to succeed globally
Richard Adams
The Guardian
24 Aug 2006

When Thomas Friedman — the American journalist who has become globalisation’s loudest cheerleader — wanted to illustrate the powerful forces at work in the world economy, he got on a flight for Bentonville, Arkansas, headquarters of the glory that is... read more...



Monday, August 21, 2006

Wal-mart launches green effort

Wal-mart launches green effort
By Ann Zimmerman
The Wall Street Journal Europe
21 Aug 2006

When the executives at WalMart Stores Inc. realized there was green to be made from green initiatives, their efforts took off: The company expects to reduce solid waste 25% in three years at almost 4,000 U.S. stores. Last November, Wal-Mart Chief... read more...

Wednesday, August 16, 2006

Wal-Mart net falls 26% amid exit from Germany

Wal-Mart net falls 26% amid exit from Germany
By Kris Hudson
The Wall Street Journal Europe
16 Aug 2006

Wal-Mart Stores Inc. posted its first net-profit decline in nearly 10 years as a result of a charge from the sale of its faltering Germanoperations, and the company reported weak sales from its U.S. stores. Still, the world’s largest retailer by sales... read more...

Tuesday, August 15, 2006

STORE WARS

STORE WARS
By Dana Flavelle
Toronto Star
13 Aug 2006

t is 9:30 on a Thursday morning in the parking lot of the Wal-Mart store at Warden and Eglinton in west Scarborough. The atmosphere is relatively quiet. There are still parking spots near the main entrance. The lineups at the cash registers are still... read more...



From one store in 1962 to 6,500 now: The Wal-Mart story

From one store in 1962 to 6,500 now: The Wal-Mart story

Toronto Star
13 Aug 2006

By now, the Wal-Mart saga is well known, though parts have been lost in the retelling. Founded in 1962 by Sam Walton and his wife, Helen, who ran a small chain of variety stores in Arkansas and Kansas, the company now operates 6,500 stores in 15... read more...



Tuesday, August 08, 2006

Booming city nearly sold out of retail space

Booming city nearly sold out of retail space
MARIO TONEGUZZI CALGARYHERALD
Calgary Herald
05 Aug 2006

Demand for retail space is consuming new projects as quickly as they can be developed with disposable income on the rise in Calgary, says a report by CB Richard Ellis. “As more American and European retailers enter the Calgary market, available space... read more...



Tuesday, August 01, 2006

Merger mania knows no limits

Merger mania knows no limits
AMRAN ABOCAR REUTERS TORONTO
Calgary Herald
31 Jul 2006

orporate Canada has had a “for sale” sign on anything not locked down by tight family ownership and dual-class shares over the past few years. Now, even those companies could be in play as private equity funds and activist investors try to pry... read more...