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  • October 2, 2014
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  1. News - China - HEALTH

    Wal-Mart boosts China food safety budget threefold to 300m yuan

    Posted Jun 18th 2014, 02:44am by Reuters

    ... Reuters in Beijing Wal-Mart boosts food safety budget threefold Wal-Mart, the world's biggest retailer, will increase its food safety budget in China threefold to 300 million yuan ... inspections and test more of its stores with its two mobile safety labs. China's food and grocery market, set to top US$1.5 trillion by 2016, is crucial for retailers like Wal-Mart and food ...

  2. Business - China Business

    Wal-Mart puts quality before price in China

    Posted Feb 24th 2014, 04:27am by Reuters

    ... Reuters in Mumbai and Beijing Mainland concern over food safety pushes supermarket to bolster the trust of customers Wal-Mart puts quality before price in China Wal-Mart Stores, famed ... and authentic, and, after 17 years, Wal-Mart is changing its approach, closing some big-box stores that never quite caught on with locals. Instead, it is focusing on private-label products and imports, ...

  3. Business - China Business - FOOD SAFETY

    Wal-Mart recalls tainted donkey meat in China, eyes legal action

    Posted Jan 02nd 2014, 01:43pm by Reuters

    ... Reuters in Shanghai Wal-Mart Stores said it has recalled donkey meat sold at some outlets in China after tests showed the product contained the DNA of other animals. It would take legal ... for cooking. This is another hit on Wal-Mart’s brand, meaning wealthy shoppers will start to lose the trust they had before Shaun Rein, China Market Research Wal-Mart said it had set up ...

  4. Business - Companies

    Wal-Mart sales disappoint as US shoppers curb spending

    Posted Aug 16th 2013, 10:25am by Reuters

    ... Phil Wahba in New York and Lisa Baertlein in Los Angeles Wal-Mart Stores reported a surprise decline in quarterly same-store sales in the United States, its biggest market, after shoppers ... that it is relying on for long-term growth. Shares of Wal-Mart were down 2.4 per cent at US$74.59 in midday trading. US sales at stores open at least a year at the company’s main Walmart chain fell 0.3 per ...

  5. Wal-Mart dictates China suppliers' success on its terms

    Posted Feb 25th 2004, 12:00am by Toh Han Shih

    ... Toh Han Shih United States retailer Wal-Mart is now the single largest export channel for Chinese manufacturers, accounting for at least 4 per cent of China's overseas sales. However, while the company's China buying spree has produced a windfall for some manufacturers, dependence on a single mega-retailer poses certain risks. Winners of Wal-Mart supply contracts may ...

  6. Business - Companies

    Amazon in Shanghai, Wal-Mart in drugstores

    Posted Aug 21st 2014, 06:58pm by Doug Young

    ... will help it to differentiate itself as a different kind of e-commerce company for Chinese consumers. Wal-Mart has made similar moves with Yhd, formerly known as Yihaodian, which also set up its own shop in the Shanghai FTZ late last year. Wal-Mart has also used its international connections to help Yhd build up its imported food business. Yhd's latest move into the online drug ...

  7. News - China - FOOD SAFETY

    Wal-Mart investigates Shenzhen store over claims of selling expired meat

    Posted Aug 08th 2014, 09:16pm by He Huifeng

    ... He Huifeng huifeng.he@scmp.com American supermarket giant Wal-Mart has launched a probe into its store in Shenzhen after local media reported a big number of expired meat had been sold ... of the store even sold moth-infested rice to customers instead of returning them to the suppliers or discarding them. Wal-Mart released a statement on Thursday saying an internal investigation ...

  8. News - World - UNITED STATES

    Wal-Mart apologises as driver charged in accident that injured Tracy Morgan

    Posted Jun 09th 2014, 03:56am by Bloomberg

    ... Bloomberg in Washington Trucker charged over accident that killed comedian and left actor Tracy Morgan critical Wal-Mart says sorry after fatal crash Wal-Mart has apologised after ... investigation. Kevin Roper, 35, of Jonesboro, Georgia, was charged in Middlesex County, New Jersey, with one count of death by auto and four counts of assault after the Wal-Mart tractor trailer he ...

  9. Business - Companies - RETAILING

    Shake-up in money transfer business looms with Wal-Mart's new service

    Posted Apr 19th 2014, 01:09am by AP

    ... Associated Press in New York Money transfer shake-up looms with Wal-Mart entry Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business. ... to US$900 to and from more than 4,000 Wal-Mart stores in the United States. The move could reshape that industry and is likely to set off a pricing battle. Customers can transfer up to US$50 ...

  10. Business - Companies

    Li & Fung shares drop nearly 5pc on report about Wal-Mart cutting orders

    Posted Sep 26th 2013, 09:44am by Reuters

    ... Reuters in New York and Chicago Global exporter Li & Fung said business with its major customer Wal-Mart Stores is normal, but its shares still slid as much as 4.9 per cent on a report that the US retailer is cutting orders to suppliers. “There has been no cancellation of orders from Wal-Mart, and we continue to do business with them as usual. Also, Wal-Mart is continuing to place ...




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