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December 16, 2014

Walmart said the Pennsylvania Supreme Court has ordered it to pay about $151 million to settle a class-action lawsuit filed by employees who claim their meal and rest breaks were cut. 

Walmart said the Pennsylvania Supreme Court has ordered it to pay about $151 million to settle a class-action lawsuit filed by employees who claim their meal and rest breaks were cut.

Walmart said the ruling, which it may appeal, would reduce its fourth-quarter earnings from continuing operations by about 6 cents per share.

The suit, filed in March 2002, represented about 187,000 Wal-Mart employees who worked in Pennsylvania between 1998 and 2006.

December 15, 2014

The fourth quarter edition of Walmart Supplier News is now available for viewing.

The fourth quarter edition of Walmart Supplier News is now available for viewing. This digital edition is brought to you by Delta Associates and is available by clicking here. Walmart Supplier News is published quarterly and is your source for insight and analysis of the business issues and trends involving Walmart, its trading partners and service companies.

 

December 12, 2014

Former Procter & Gamble group president Jorge Mesquita has been hired by Johnson & Johnson as worldwide chairman of its consumer companies. 

Former Procter & Gamble group president Jorge Mesquita has been hired by Johnson & Johnson as worldwide chairman of its consumer companies. 

Mesquita, 53, will serve on the corporation’s management committee, lead the consumer group operating committee and report to Sandi Peterson, group worldwide chairman.

December 11, 2014

Walmart’s integrity suffered a blow this week in a Bloomberg piece with the inflammatory headline, “How Walmart made its crumbling China business look so good for so long.” 

Walmart’s integrity suffered a blow this week in a Bloomberg piece with the inflammatory headline, “How Walmart made its crumbling China business look so good for so long.”

December 2, 2014

At a time when food pantries have a critical shortage of supplies and increased demand from those in need, Walmart is making a major pledge to help the hungry. 

At a time when food pantries have a critical shortage of supplies and increased demand from those in need, Walmart is making a major pledge to help the hungry.

December 1, 2014

Walmart reported a robust Black Friday weekend as part of its 2014 holiday sales season. 

The world's largest retailer reported a robust Black Friday weekend — including record online sales — as part of its kickoff to the 2014 holiday sales season.

“In a few short hours, we flipped from being the largest grocery store in town to the best gift shop on the block," said Laura Phillips, SVP of merchandising at Walmart. "Not only did we have millions of customers shopping our stores, but we’re confident Walmart was the first stop of the night for most of them."

November 25, 2014

The merchandising organization at Walmart is being transformed again following the departure of EVP and chief merchandising officer Duncan Mac Naughton which triggered several other high level moves.

The merchandising organization at Walmart is being transformed again following the departure of EVP and Chief Merchandising Officer Duncan Mac Naughton, which triggered several other high level moves.

November 20, 2014

Walmart customers shopping for a traditional Thanksgiving meal can plan a 10-person dinner for $32.64, or 34 percent less than average, according to the nation’s largest farm group.

Walmart customers shopping for a traditional Thanksgiving meal can plan a 10-person dinner for $32.64, or 34 percent less than average, according to the nation’s largest farm group.

November 20, 2014

Never underestimate the creativity of unscrupulous customers is the key takeaway for all retailers following Walmart’s effort to implement a liberal price match policy this week.

Never underestimate the creativity of unscrupulous customers is the key takeaway for all retailers following Walmart’s effort to implement a liberal price match policy this week.

November 19, 2014

Lowe’s said its third quarter same store sales spiked 5.1% a day after Home Depot reported an even stronger increase.

Lowe’s said its third quarter same store sales spiked 5.1% a day after Home Depot reported an even stronger increase.

Total company sales increased 5.6% to $13.7 billion driven by increased productivity of existing stores as evidenced by a 5.1% comp increase. Home Depot said its third quarter same store sales increased 5.8%. Lowe’s profits increased 17.3% to $585 million while earnings per share increased 25.5% to 59 cents and were aided by $900 million in share repurchase activity.

November 13, 2014

Walmart’s same store sales turned positive during the third quarter, ending a two year drought, prompting the company to forecast a U.S. comp increase of as much as 1% during the fourth quarter.

Walmart’s same store sales turned positive during the third quarter, ending a two year drought, prompting the company to forecast a U.S. comp increase of as much as 1% during the fourth quarter.

November 13, 2014

Walmart EVP of merchandise operations Scott Huff is scheduled to address members of the Bentonville Bella Vista Chamber of Commerce at an upcoming event.

Walmart EVP of merchandise operations Scott Huff is scheduled to address members of the Bentonville Bella Vista Chamber of Commerce at an upcoming event.

November 13, 2014

Walmart’s same store sales turned positive during the third quarter, ending a two year drought, prompting the company to forecast a U.S. comp increase of as much as 1% during the fourth quarter.

Walmart’s same store sales turned positive during the third quarter, ending a two year drought, prompting the company to forecast a U.S. comp increase of as much as 1% during the fourth quarter.

November 12, 2014

Walmart continues to expand its view of Black Friday and is encouraging shoppers’ to do the same by rethinking the practice of waiting in line on Black Friday to secure limited quantities of merchandise.

Walmart continues to expand its view of Black Friday and is encouraging shoppers to do the same by rethinking the practice of waiting in line on Black Friday to secure limited quantities of merchandise.

October 30, 2014

Veteran Walmart store planner Jay Mitchael is a featured speaker at an upcoming event organized by Doing Business in Bentonville.

Veteran Walmart store planner Jay Mitchael is a featured speaker at an upcoming event organized by Doing Business in Bentonville.

Mitchael, vp of store layout and space productivity at Walmart, is scheduled to speak Thursday, Nov. 13 at the Doing Business in Bentonville event which runs from 7 a.m. to 9 a.m. in Rogers, Ark. Among the topics the organization said he will address are changes in store design, current prototype rollout and something called the space capture project.

October 30, 2014

Walmart’s Japanese subsidiary Seiyu plans to close 30 stores and remodel 50 others next year in an effort to strengthen its every day low price strategy.

Walmart’s Japanese subsidiary Seiyu plans to close 30 stores and remodel 50 others next year in an effort to strengthen its every day low price strategy.

October 28, 2014

With a title like “Call of Duty: Advanced Warfare,” Walmart’s strategy to sell the popular game a day early, host in-store events and unveil a new used game assortment at 1,700 locations seems appropriately aggressive.

With a title like “Call of Duty: Advanced Warfare,” Walmart’s strategy to sell the popular game a day early, host in-store events and unveil a new used game assortment at 1,700 locations seems appropriately aggressive.

October 23, 2014

When it comes to strategy, leadership and collaboration, Walmart was among the top tier companies in the inaugural Best Retailers to Work With report.

When it comes to strategy, leadership and collaboration, Walmart was among the top tier companies in the inaugural Best Retailers to Work With report.

October 22, 2014

The Emerson Group, a consumer products equity organization, announced the addition of Stephanie Gregg to the company.

The Emerson Group, a consumer products equity organization, announced the addition of Stephanie Gregg to the company.

Gregg joins Emerson from Insight Pharmaceuticals, where she served as director of sales for mass and dollar channels for nine years. Most recently at Insight, she worked with Emerson Group’s Walmart, Target and Dollar teams providing strategic direction, developing and implementing joint business plans, and directing an internal cross-functional team, while providing analytical support to deliver business results, Emerson said.
 

October 21, 2014

The world’s leading beverage company is intensify efforts to generate high single digit earnings per share growth after strategies introduced earlier this year have been slow to take hold and third quarter earnings fell 13%.

The world’s leading beverage company is intensify efforts to generate high single digit earnings per share growth after strategies introduced earlier this year have been slow to take hold and third quarter earnings fell 13%.

Coca-Cola Company CEO Muhtar Kent unveiled a new slate of actions to reinvigorate growth and cut expenses in conjunction with the release of disappointing third quarter results. Revenues were essentially flat with the prior year at $12 billion during the quarter ended Sept. 26 while earnings per share declined 13% to 48 cents from 53 cents.

October 20, 2014

Veteran Home Deport operations executive Marc Powers has been elevated to the role of EVP of U.S. stores as part of an ongoing leadership transformation.

Veteran Home Deport operations executive Marc Powers has been elevated to the role of EVP of U.S. stores as part of an ongoing leadership transformation.

Few people know Home Depot from the ground up the way Powers does. He began his career with the company in 1986 as an hourly employee and over the course of the past 28 years served as store manager, district manager and regional vice president. He most recently served as SVP of operations for the company’s nearly 2,000 U.S. stores.

October 1, 2014

Was he or wasn’t he? Unfortunately for Walmart, a legitimate question about whether comedian Tracy Morgan and his entourage were wearing seatbelts the night their limousine was rear-ended by a Walmart truck has made a bad situation worse for the retailer.

Was he or wasn’t he? Unfortunately for Walmart, a legitimate question about whether comedian Tracy Morgan and his entourage were wearing seatbelts the night their limousine was rear-ended by a Walmart truck has made a bad situation worse for the retailer.

September 25, 2014

Walmart has been on a building boom in Northwest Arkansas. Small-format Express stores have been open now for several years, the new convenience concept Walmart To Go opened earlier this year and the latest development is a hybrid concept that allows online grocery orders to be picked up at a dedicated drive-through facility.

Walmart has been on a building boom in Northwest Arkansas. Small-format Express stores have been open now for several years, the new convenience concept Walmart To Go opened earlier this year and the latest development is a hybrid concept that allows online grocery orders to be picked up at a dedicated drive-through facility.

September 25, 2014

The spiffy new look Walmart store associates are sporting these days is drawing complaints from some quarters who think the company went too far in striving for a modest degree of uniformity in the appearance of employees.

The spiffy new look Walmart store associates are sporting these days is drawing complaints from some quarters who think the company went too far in striving for a modest degree of uniformity in the appearance of employees.

Apparently, it is now too much for Walmart to require employees to dress a certain way while they are at work with the dispute centering on what constitute a uniform versus a dress code and whether Walmart should pay for the clothes employees wear to work.

September 17, 2014

The Network of Executive Women (NEW) has confirmed retail executives from Walgreens, Home Depot, Family Dollar, Publix and Walmart as featured participants at the organization’s Leadership Summit this fall.

The Network of Executive Women (NEW) has confirmed retail executives from Walgreens, Home Depot, Family Dollar, Publix and Walmart as featured participants at the organization’s Leadership Summit this fall.