Content about Walmart International

April 13, 2012

More framework and less freedom is how Walmart International president and CEO Doug McMillon described the subtle shift occurring within a $126 billion division where he is looking to drive improved performance with a “powered by Walmart” approach.

November 15, 2011

Walmart delivered a long awaited same-store sales increase of 1.3% at its U.S. stores division in the third quarter and pointed to ongoing momentum for the holidays with comps guidance in the range of flat to up 2%.

September 28, 2011

In her new role as president and CEO of Walmart Canada, Shelley Broader will be tasked with addressing new competition from Target and other retailers expanding into Canada.

May 31, 2011

It may have taken longer than originally thought, but competition authorities in South Africa cleared the way for Walmart to move forward with its acquisition of Massmart, the company announced Tuesday.

May 19, 2011

Sales at Walmart’s international division increased 11.5% to $27.9 billion, aided to a large degree by a $1.3 billion currency exchange benefit, without which the sales increase would have been a more modest 6.2%.

February 24, 2011

If there was a bright spot to Walmart’s fourth-quarter results it was the international division where sales increased in every country, expansion surged and operating profits increased 9.7% to $5.4 billion on sales that increased 7.6% to $104.8 billion. Those results are on a constant currency basis that assumes foreign exchanges rates are consistent year over year and present a more accurate view of country-by-country performance.

September 27, 2010

Walmart and Africa’s leading retailer Massmart Holdings Limited are in talks that could lead to a $4.4 billion deal, the companies announced early Monday.

September 26, 2010

Walmart and Africa’s leading retailer Massmart Holdings Limited are in talks that could lead to...

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