US retailers felt the brunt of the developing slowdown in consumer demand in March, with leading clothing chains and department stores reporting sales that were worse than already depressed expectations. ... Retailers said demand for the month was affected by the early...
US business leaders are stepping up a campaign against proposed labour law reforms, backed by the Democrats, that could significantly enhance the ability of unions to organise workers ... . Both Hillary Clinton and Barack Obama have endorsed proposals that would waive an...
Wal-Mart will open small-format grocery stores in Arizona this year under the trade name, 'Marketside', going head to head with the new Fresh & Easy markets being rolled out in the US by Tesco ... By Jonathan Birchall in New York Wal-Mart will open small-format grocery...
US online retail sales are forecast to increase by about 50 per cent over the next five years to exceed $300bn, according to estimates prepared for Shop.org, the leading national association of online retailers, by Forrester Research . ... By Jonathan Birchall in New York...
Lee Scott, chief executive officer of Wal-Mart since 2000, spoke to Jonathan Birchall, the FT’s US retail correspondent, about the state of the world’s largest retailer. Here is an edited transcript of the interview. ... The full transcript of Lee Scott’s interview with...
Wal-Mart, the world's largest retailer, is to convene a meeting of hundreds of its Chinese suppliers to set out goals for significant reductions in the environmental impact of its vast supply chain ... By Jonathan Birchall in New York Wal-Mart, the world’s largest...
Lee Scott, the head of Wal-Mart, has turned it away from its inward-looking past by listening to its critics – and eaten his share of pumpkin pie on the way ... ‘I had to meet with people who did not like us’ By Jonathan Birchall Chief executive of Wal-Mart Lee Scott is...
By Jonathan Birchall and Francesco Guerrera in New York The chief executive of Wal-Mart has criticised US business for not taking a lead in the debate on the future of US healthcare ahead of the presidential elections in November. Lee Scott said in a Financial Times...
New initiatives in the US stores will include the introduction of a new blend of coffee named after the company's first store at Pike Place, Seattle, and the rapid roll out of the new low-level Mastrena machines - which allowing greater eye-contact with customers. The new machines will be...
PepsiCo is becoming the latest US food and beverage company to seek a share of the Russian consumer market, with a deal to take a 75 per cent stake JSC Lebedyansky, Russia's leading branded juice company ... By Jonathan Birchall in New York PepsiCo is becoming the latest...